Commercial Finance Partners (CFP) funded a $7.58 million loan to support an existing client’s acquisition of an additional assisted living facility. The financing also provided a refinance of the original facility’s debt, improving the company’s structure and supporting its long-term expansion strategy.
Working alongside an independent sponsor, CFP structured a unique 25-year term loan that provided 100% financing for the new location — including working capital to fuel growth initiatives.
“We are proud to have helped our client expand their footprint in the assisted living space,” Darren Palestine, managing partner of CFP, said. “This transaction reflects our commitment to delivering creative capital solutions that support sustainable growth and future rollups.”
