Northwind Group Closes $342.5M Healthcare Debt Fund II

– Northwind Group, a real estate private equity firm and debt fund manager, closed Northwind Healthcare Debt Fund II (NHDF II) at $342.5 million, exceeding its $250 million target.

– The healthcare credit platform provides structured financing and bridge-to-HUD loans secured by income-producing skilled nursing and senior housing portfolios in high-barrier, strong-demographic markets.

– Since launching the healthcare platform in 2016, Northwind has completed $4.6 billion in transactions across 423 skilled nursing and senior living assets in 26 states, totaling over 48,000 beds/units.

– Northwind’s industry knowledge, network, and expertise enable it to deliver leading capital and advisory solutions for operator partners.

– Founder and Managing Partner Ran Eliasaf stated that the final close of NHDF II marks a major milestone and the firm’s largest fund to date in the strategy, focused on acquisition-bridge capital for portfolios in select U.S. states.

Jonathan Slusher, Partner and Head of Senior Living & Healthcare, emphasized the essential role of senior living and skilled nursing facilities in the healthcare value chain and noted strong transaction activity driven by an aging population and the need for refreshed, well-capitalized care assets.

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