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Saving Non-Profit Missions: Hamlin Partners with Not-for-profit to Acquire New York CCRC out of Bankruptcy

Hamlin Capital Advisors, LLC (“HCA”) is pleased to announce the closing of a $30.3 million acquisition bond financing of a bankrupt CCRC, in partnership with Bethel Methodist Home (“Bethel”), headquartered in Westchester, NY.   The financing allowed Bethel to preserve the mission of another not-for-profit provider that had been forced to file for bankruptcy protection, and continue to serve their residents.

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“HCA and PHS are pleased to partner on this new and industry-leading financing approach to help fund our strategic growth by providing an efficient underwriting process and minimizing costs of capitalized interest.”

Dan Lindh

CEO, Presbyterian Homes & Services


*Testimonials provided may not be representative of the experience of other clients. Such testimonials are no guarantee of future success or performance.