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Lender provides $20 million revolving loan facility to 19 Colorado SNFs

Lenders provided a $20 million asset-based revolving credit facility to the new operators of 19 skilled nursing and assisted living facilities in Colorado.

Waller represented the agent and lenders in the transaction. The matter involved extensive healthcare licensure and regulatory diligence including relating to a change of ownership for all 19 facilities and transition of accounts receivable from the prior operator and the prior operator’s AR lender, as well as intercreditor agreements with an unrelated mortgage lender.


Abbey Mansfield Ruby
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James Nelson
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Lindsey O'Tousa
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