Siena Healthcare Finance closed a $20 million working capital facility for an Ohio-based chain of skilled nursing facilities. Siena refinanced the line of credit from a large commercial bank.
Siena Healthcare Finance added Ashley Nelson as vice president, Western region business development officer. In her new role, Nelson will be responsible for leading new healthcare originations in the Western United States.
Siena Lending Group Promotes Elliotto to Senior Managing Director and Schick to Head of Underwriting
Siena Lending Group promoted longtime team members Scott Elliotto and Jason Schick, who will play key roles in helping the company build on the success of its healthcare finance division.
Siena Healthcare Finance closed a $10 million working capital facility for a California-based chain of skilled nursing facilities.
Siena Lending Group closed two deals with a combined value of $110 million to companies in the mobile accessories and media services market in Q3/21. In addition, Siena Healthcare Finance closed a $12 million deal with a pharmaceuticals company during the quarter.
Siena Healthcare Finance hired Dan Whitwer as managing director and chief risk officer. Prior to joining the Siena Healthcare team, he served in senior executive positions at both Wells Fargo Capital Finance and Wells Fargo Healthcare Finance.
Siena Healthcare Finance provided a $12 million working capital facility for a private equity-backed, multi-state provider of specialty pharmaceutical, infusion and nutritional therapy services for patients with chronic illnesses and health issues.
Siena Lending Group delivered $205 million across eight deals and Siena Healthcare Finance delivered $16.5 million across two deals in Q2/21.
Siena Lending Group closed three deals with an aggregate value of $45 million in Q1/21. In addition, Siena Healthcare Finance completed a $35 million deal with a New York-based home health company during the quarter.
Siena Lending Group and Siena Healthcare Finance closed 10 facilities aggregating $135 million in Q4/20, with 25 transactions totaling more than $285 million completed in 2020 overall.