Fundamental Advisors and Senior Care Development Form Joint Venture to Acquire Skilled Nursing Assets
Combining Fundamental's flexible capital and vast investment experience and SCD's extensive expertise in the senior care and skilled nursing space, this venture will formally build on the existing partnership between the two companies. Having collaborated on multiple complex transactions across the full spectrum of seniors housing and care over the past ten years, including the recent acquisition and foreclosure of
With the ability to move quickly and deploy a flexible capital base, the venture provides Fundamental and SCD with the option of making investments throughout the entire capital stack, including purchasing performing or non-performing debt and direct ownership interests in real assets.
"As an active investor in critical community assets with a growing presence in the skilled nursing sector, we are pleased to further expand our relationship with a partner as experienced as SCD," said
"At SCD, we are dedicated to taking a long-term approach to providing unmatched support and value to the senior care and skilled nursing facilities we invest in," said
About
About
For over 30 years SCD has specialized in developing and investing in the full continuum of senior housing with specific expertise and focus on high barrier to entry Life Plan communities and skilled nursing facilities. For more information, please visit www.SeniorCareDevelopment.com.
Investor Contacts
Fundamental
212-205-5006
SCD
203-222-6262
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View original content:http://www.prnewswire.com/news-releases/fundamental-advisors-and-senior-care-development-form-joint-venture-to-acquire-skilled-nursing-assets-300721689.html
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