White Oak Healthcare Finance acted as administrative agent and lead lender on the funding of a $241 million senior credit facility secured by 19 skilled nursing facilities across six states.

The total portfolio comprised over 2,000 beds.

“White Oak continues to be bullish on skilled nursing and continues to look for opportunities to back sophisticated investors and best-in-class operators. Through our deep domain expertise, we structured a mutually beneficial transaction,” said Isaac Soleimani, Managing Director and Partner at White Oak.

Year to date, White Oak has closed $1.1 billion in investments and financings to the skilled nursing and seniors housing sectors.