MidCap Financial is a commercial finance firm that focuses exclusively on providing debt solutions to middle-market healthcare companies. They provide a broad array of products intended to finance the growth and manage the working capital of companies spanning the breadth of the healthcare industry.
MidCap Financial In The News
- Kentucky Community Receives Fannie Mae RefinanceMidCap Financial, through its correspondent relationship with Bellwether Enterprise Real Estate Capital was able to close a Fannie Mae refinance of a 167-unit senior living community in Lexington, Kentucky. The deal closed in mid-March before huge swaths of the country had been shut down but still a difficult time... Read more
- People’s United Bank Grows Its PresencePeople’s United Bank has been on a roll lately. After closing around $445 million in loans across 48 separate transactions in 2019, including eight loans and $132.5 million in volume in the fourth quarter, the bank kept the activity going with a late January refinance closed on behalf... Read more
- Cushman & Wakefield Arrange Financing for Stabilizing PropertyA 195-unit senior living community still in lease-up just refinanced its construction debt with the help of its advisors: Richard Swartz, Jay Wagner and Jim Dooley of the Cushman & Wakefield Senior Housing Capital Markets team. A partnership between Pike Senior Housing Partners and operator Solvere Senior Living... Read more
- Avalon Senior Living GrowsAvalon Senior Living has partnered again with Eastridge Pacific Holdings, LLC (EPH), this time buying three senior living communities in California from HCP, Inc. that had been leased to Brookdale Senior Living. The 205 units (210 beds) offer independent living, assisted living and memory care services. The purchase... Read more
- Recently Rebranded Senior Living Community RefinancesHaving just undergone a renovation and a rebranding, an assisted living/memory care community in Dallas, Texas obtained a first mortgage loan, courtesy of MidCap Financial. The borrower for the $6.25 million floating-rate loan was a joint venture between private equity firm Artemis Real Estate Partners and Fort Worth-based... Read more