Vita Healthcare Closes $7.4M Senior Secured Term Loan with Oxford Finance

Vita Healthcare Group LLC, a New Jersey-based provider of sub-acute, rehabilitative, and long-term specialty care services in the Northeast region, closed a $7.4m senior secured term loan with Oxford Finance LLC.

The funds will be used for the purchase of Diamond Hill Nursing and Rehabilitation Center in Troy, New York.

Led by Michael Netzer and Israel Birnbaum, Vita Healthcare specializes in operating and managing skilled nursing facilities. The group currently operates Garden Care Center, Diamond Hill Nursing and Rehabilitation Center, and Parkview Care and Rehabilitation Center, and is actively seeking skilled nursing opportunities in the Mid-Atlantic region.



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