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Oxford Finance Provides Debt Financing Facility to Chosen Healthcare

June 26, 2015, 07:31 AM
Filed Under: Healthcare

Oxford Finance announced the closing of a senior secured term loan and a revolving line of credit with Chosen Healthcare. The funds were used to purchase two long-term care facilities in the Austin, TX metropolitan area, Park Place Care Center and Assisted Living and Pflugerville Care Center.

"Oxford is pleased to continue the relationship we have built with the executive group at Chosen Healthcare," said Tracy S. Maziek, managing director at Oxford Finance. "The team at Chosen Healthcare is well-respected in the industry and has demonstrated its ability to successfully improve the operations of senior care facilities while maintaining high standards."

"I'm glad to be collaborating with Oxford again," said Moshe Orlinsky, chief executive officer of Chosen Consulting.  "The team did an exceptional job managing this transaction. They were able to close the deal very quickly and the execution was flawless."

Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide.

The Chosen Healthcare family has 22 skilled nursing facilities and one assisted living facility in Indiana, Iowa and Texas.

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