FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Sterling National Bank Provides $14.5MM Credit Facility to Living Well Lodges

September 04, 2019, 08:55 AM
Filed Under: Nursing Facilities

Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $14,500,000 to Living Well Lodges Management Company, LLC.

Living Well is comprised of 3 assisted living facilities located in Florida. These facilities provide an array of services and amenities such as restaurant style dining, on-site medical suite, well-appointed bar and lounge, full-service laundry, salon, and nature inspired walking paths.

The Company is owned by Virtus Real Estate Capital, a private equity firm located in Austin, TX.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.