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Oxford Finance Closes $44.6MM Credit Facility with MDA Capital Group

December 03, 2020, 08:00 AM
Filed Under: Nursing Facilities

Oxford Finance closed a $44.6 million senior credit facility and revolving line of credit to MDA Capital Group, LLC, a leading consulting services provider to the nursing home industry. The proceeds are being used for the acquisition of five skilled nursing facilities ("SNF") located in Vermont containing 527 licensed beds.

“Building upon their clinical expertise and best practices, the MDA team will provide the highest level of care for the residents and support for the staff,” said Tracy S. Maziek, head of healthcare services at Oxford Finance. “Oxford is happy to partner again with the Company and support their vision in the long-term care industry.”

“Our experience with Oxford Finance was once again, excellent. The team at Oxford secured for us the right financing terms swiftly,” said a spokesperson for MDA Capital Group.

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