July 18, 2019

$9.5 Million Matured Healthcare Loan in Oregon

DebtX is pleased to announce the sale of a matured, $9.5 million healthcare loan.  The loan is collateralized by a 152-bed continuing care facility and a 55-bed memory care facility; both located in the Coos Bay area of Oregon.  The continuing care facility includes independent living, assisted living, and skilled nursing.  Only the independent living building is currently operating.  The properties were appraised in January for a total of $10.9 million.

Final bids are due Thursday, July 25th, by 2:00 p.m. EDT.

For more information, please contact Mike Capozzi at (617) 531-3454 or mcapozzi@debtx.com.

You must be registered with DebtX to receive detailed information about this loan and to participate in the sale. To register, please visit our registration page.