SnF Management, LLC, operator of the Windsor family of healthcare facilities, has closed a $16m senior credit facility with Oxford Finance Corporation (a subsidiary of Sumitomo Corporation).
The transaction includes a senior secured term loan and a revolving line of credit, which SnF plans to use to purchase additional properties throughout California.
Based in West Hollywood, CA, Windsor Healthcare provides long-term healthcare and rehabilitation services. Formed in 1984, it operates 32 skilled nursing and rehabilitation centers and one assisted living facility located throughout the state of California.
The company approximately employs 5,600 employees.