Fundamental Advisors acquires $112 mezzanine loan
Fundamantal Advisors LP, an alternative asset manager focused on public purpose assets, has acquired a mezzanine loan secured by interests in Tandem Health Care, a skilled nursing and long-term portfolio, for $112 million. The seller was HCP Inc. Sidley Austin LLP provided legal counsel to Fundamental on the transaction. The Tandem portfolio consists of 41 senior care facilities in Florida, Pennsylvania and Virginia.
16 March 2018•2 mins read
