ALEXANDRIA, VA, November 17, 2015 – Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $13.95 million senior secured term loan with Continuum Healthcare LLC (“Continuum”). The funds are being used to purchase two existing skilled nursing facilities in Florida and New Jersey.
“Oxford is pleased to partner once again with Continuum,” said Tracy S. Maziek, managing director at Oxford Finance. “Continuum is a growing company, with a management team that skillfully identifies and revitalizes promising properties.”
“Oxford continues to differentiate themselves by offering excellent terms combined with a great team of knowledgeable people,” said Eugene Ehrenfeld, managing partner of Continuum Healthcare. “I look forward to working with Oxford on future transactions.”
About Oxford Finance LLC
Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated over $2 billion in loans, with lines of credit ranging from $500 thousand to $75 million. Oxford is headquartered in Alexandria, Virginia, with additional offices in California, Massachusetts and North Carolina. For more information visit www.oxfordfinance.com.
About Continuum Healthcare LLC
Continuum Healthcare LLC, through its affiliate companies, both owns and operates skilled nursing facilities and pediatric day care centers on the East Coast. Continuum also owns properties and leases them to independent operators. For further information, call 973-839-2119.