Memory care provider Silverado inks $45 mln

Silverado, a memory care provider, has secured $45 million in funding. The investor was Artemis Real Estate Partners. Coker Capital Advisors was financial adviser to Silverado on the deal. The capital will be used to develop Silverado's memory care communities and support its hospice, palliative care and at home offerings. In addition to the funding, Kelly Sheehy, a principal and managing director of Artemis, will join Silverado’s board of directors.

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