EBSC Lending Closes $17.1M Skilled Nursing Acquisition Bridge

ALBUQUERQUE, NM — EBSC Lending has closed a $17.1 million senior bridge loan to finance the acquisition of a skilled nursing facility located in suburban Albuquerque, New Mexico. The financing was executed on an expedited basis to accommodate an expiring purchase option, requiring immediate certainty of execution.

The borrower is a seasoned owner and operator in the healthcare sector and intends to refinance the bridge loan with conventional financing within 12 months.

Transaction Overview

The senior bridge loan was structured to facilitate acquisition while providing capital for facility improvements, enhancements to quality of care, and overall operating performance. Given the time-sensitive nature of the transaction, EBSC Lending delivered a senior bridge structure designed to close quickly while preserving flexibility for the borrower’s near-term takeout strategy.

This transaction represents the second financing EBSC Lending has completed for the same borrower in 2023, reflecting an ongoing relationship built around speed, reliability, and tailored structuring. Earlier in the year, the borrower required a $13.9 million bridge loan to execute a discounted payoff of an existing bank loan secured by a 160,000-square-foot, single-story industrial warehouse located in Macomb County, Michigan. That asset had entered default following the bankruptcy of a major customer in December 2022.

In the months following that refinancing, the borrower’s business stabilized and began generating a growing backlog of prospective clients. EBSC Lending funded the senior bridge loan simultaneously with a working capital facility from a bank, allowing the borrower to expand operations and capitalize on a strengthening pipeline of new business. The successful execution of both financings positioned the borrower to move forward with the skilled nursing acquisition while continuing to scale its broader operations.

Market Context + What It Means

Skilled nursing facilities often require bridge financing solutions to address acquisition timing, capital improvements, and operational transitions ahead of long-term financing. In many cases, transactions are driven by expiring purchase options or competitive bidding environments that demand rapid execution.

At the same time, borrowers with diversified operations or recent credit disruptions may require lenders capable of underwriting complex situations and coordinating across multiple facilities. Senior bridge loans that pair acquisition capital with a clear refinance path provide sponsors with the flexibility to stabilize assets, improve performance metrics, and transition to conventional financing.

By delivering a $17.1 million senior bridge loan on an expedited timeline, EBSC Lending enabled the borrower to secure the asset, invest in care quality and operations, and pursue a defined exit strategy within a 12-month horizon.

Frequently Asked Questions

What type of loan did EBSC Lending provide for this transaction?

EBSC Lending provided a $17.1 million senior bridge loan to support the acquisition of a skilled nursing facility.

Why was bridge financing required?

The borrower required immediate execution due to an expiring purchase option and planned to refinance the bridge loan with conventional financing within 12 months.

How will the loan proceeds be used?

Proceeds will be used to acquire the facility, fund capital improvements, enhance quality of care, and improve operating performance.

What types of healthcare and transitional assets does EBSC Lending finance?

EBSC Lending provides bridge, acquisition, and transitional financing for skilled nursing, senior housing, multifamily, industrial, and other commercial real estate assets nationwide.

EBSC Lending Closes $17.1M Skilled Nursing Acquisition Bridge

Related EBSC Lending Financing Programs

EBSC Lending provides flexible private capital solutions across the United States, including:

• Senior Bridge Loans – Short-term financing for time-sensitive acquisitions and transitions

• Healthcare & Senior Housing Financing – Customized solutions for skilled nursing and care facilities

• Commercial Bridge Loans – Capital for transitional real estate and operating businesses