Credit Suisse nursing deal.Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. has financed two skilled nursing facilities skilled nursing facility n. Abbr. SNF An establishment that houses chronically ill, usually elderly patients, and provides long-term nursing care, rehabilitation, and other services. located in Los Angeles, CA for $9.3 mm. The loan funded in March 2006. The financing was structured as a seven-year term, with a 25-year amortization. Financing was arranged by Citra Capital Management. The Credit Suisse Healthcare Program provides in-depth industry expertise and an aggressive lending platform with loan amounts ranging from $5 million to $1.5 billion. The program offers flexible and timely financing solutions for Skilled Nursing, Assisted Living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. , Independent Living, Medical Office Facilities and Ambulatory Surgery Centers ambulatory surgery center A free-standing center that performs various types of surgery . |
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