Oxford Finance Closes $6.1MM Synergy Health Centers Facility
Oxford Finance announced that a $6.1 million round of financing was provided to Synergy Health Centers. Proceeds of the loan will be
used to acquire the Park Avenue Health Center in Arlington, MA.
“Oxford is pleased to provide capital to Synergy for the expansion of its senior care facilities in the Northeast,” said Christopher
A. Herr, managing director for Oxford Finance. “Park Avenue Health Center is a highly regarded establishment, and will be a good
addition to Synergy’s portfolio.”
“Oxford has provided Synergy with an accommodating financing package that will support our expansion as we continue our rapid
growth,” said Zisha Lipschutz, founder and chief executive officer of Synergy Health Centers. “Both companies are committed to
delivering excellence in patient care and Synergy is excited to be working with this esteemed financial firm.”
“Synergy is pleased to add Park Avenue Health Center to its growing organization,” said Jeff Martin, vice president of operations at
Synergy Health Centers. “Utilizing Synergy’s cost effective and innovative approach to providing quality health care, the company
continues to seek opportunities to increase its market share in the post-acute space.”
Synergy Health Centers is a privately held company specializing in health care delivery in the skilled nursing setting.