News Release: H2C Executes $67M Bridge Loan for Senior Living Owner/Operator

NEW YORK — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive advisor to Quality Life Services (“QLS” or “Company”) in the execution of a bridge loan to refinance the debt associated with the Company’s portfolio of 10 skilled nursing and senior living facilities (the “Properties”).

The effects of the pandemic on the senior living sector caused many banks, along with the Company’s lenders, to reduce their exposure to the long-term care sector and resulted in the need for QLS to refinance its outstanding debt. With the continuation of its mission the most important objective, QLS retained H2C to assist in evaluating a range of strategic and financing options for the Company. H2C assembled a team of professionals with expertise in the capital markets, mergers and acquisitions, and healthcare real estate to identify and evaluate alternatives that would ensure access to quality care for QLS’ communities. H2C conducted in-depth analyses of each option and negotiated with various parties to improve the terms and conditions of each option. QLS ultimately elected to execute a bridge-to-HUD loan for the Properties, allowing the Company to retain control and prepare to secure lower cost long-term financing via HUD in the future.

Locations

ATLANTA
3344 Peachtree Road Northeast
Suite 900
Atlanta, GA 30326
404-937-1350
CHICAGO
222 S. Riverside Plaza
32nd Floor
Chicago, IL 60606
312-508-4200
NEW YORK
50 Rockefeller Plaza
Suite 1101
New York, NY 10020
212-257-4500
SAN DIEGO
4655 Executive Drive
Suite 280
San Diego, CA 92121
858-242-4800

About H2C Securities Inc. (“H2C”)

H2C is a strategic advisory and investment banking firm committed to providing superior advice to public and private healthcare and higher education institutions and related organizations throughout the United States. H2C’s professionals have a long track record of success in mergers and acquisitions, capital markets, and real estate transactions, acting as lead advisors on hundreds of transactions representing billions of dollars in value.

Securities and services offered through H2C Securities Inc., member FINRA / SIPC a registered broker-dealer and an indirect subsidiary of Fifth Third Bank, National Association. All rights reserved. Securities and services offered through H2C Securities Inc.: Are Not FDIC Insured; Offer No Bank Guarantee; May Lose Value; Are Not Insured by any Federal Government Agency; Are Not a Deposit.

For more information, visit h2c.com.

About Fifth Third Capital Markets
Fifth Third Capital Markets is the marketing name under which Fifth Third Bank, National Association, and/or its subsidiaries, H2C Securities Inc. and Fifth Third Securities, Inc., provide certain securities and investment banking products and services. Fifth Third Capital Markets offers investment banking+++, debt capital markets+, bond capital markets++, equity capital markets++, financial risk management+, and fixed income sales and trading++. Fifth Third Bank, National Association provides access to investments and investment services through various subsidiaries, including Fifth Third Securities and H2C Securities Inc. Coker Capital is a division of Fifth Third Securities. Fifth Third Securities is the trade name used by Fifth Third Securities, Inc., member FINRA/SIPC, a registered broker-dealer and registered investment advisor registered with the U.S. Securities and Exchange Commission (SEC). H2C Securities Inc., member FINRA/SIPC, is a registered broker-dealer with the (SEC) and an indirect subsidiary of Fifth Third Bank, National Association. Registration does not imply a certain level of skill or training. All rights reserved. Securities and investments offered through Fifth Third Securities, Inc. and/or H2C Securities Inc.:

  • Are Not FDIC Insured
  • Offer No Bank Guarantee
  • May Lose Value
  • Are Not Insured By Any Federal Government Agency
  • Are Not A Deposit

+ Services and activities offered through Fifth Third Bank, National Association.

++ Services and activities offered through Fifth Third Securities, Inc.

+++ Services and activities offered through Fifth Third Securities, Inc. and/or H2C Securities Inc.

For more information, visit: 53.com/capitalmarkets

Credit and lending products are offered by Fifth Third Bank, National Association. Credit products are subject to credit review and approval and mutually acceptable documentation.

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