PRESS RELEASE

DECEMBER 29, 2017




Chattanooga, Tennessee – Contemporary Healthcare Capital (“CHC”) announced today the closing of an $830,000 mezzanine loan for the acquisition of an existing 56-unit assisted living and memory care facility located in Anniston, Alabama.  CHC’s valued senior lending partner on the transaction was United Community Bank.



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Press Release

December 22, 2017

Chattanooga, Tennessee – Contemporary Healthcare Capital (“CHC”) announced today the closing of a $2.985 million mezzanine loan, along with strategic partner Peninsula Alternative Real Estate for the construction financing of a 64-unit memory care facility located in Palm Coast, Florida.  CHC’s valued senior lending partner on the transaction was United Community Bank.


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Press Release

December 4, 2017

Chattanooga, Tennessee – Contemporary Healthcare Capital (“CHC”) announced today the closing of an $8.1 million “uni-tranche” for the refinancing of a 100-bed skilled nursing facility located in Cranford, New Jersey.  CHC’s valued senior lending partners on the transaction were CoastalStates Bank and Millennium Bank.


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Byron DeFoor, vintage race car driver, started Fifty Plus Racing Foundation with Brian Johnson, front man for the classic rock and roll band AC/DC, and a group of dedicated racers—all over the age of fifty with a passion for racing. The Fifty Plus Racing team debuted on the track in 2012 at Daytona International Speedway for its 50th Anniversary and competed for the last time in 2016 with the world’s best drivers on the demanding 3.56-mile road course. The Fifty Plus Racing Foundation raises money to support research to fight Alzheimer’s Disease and to support the families of people who are living with Alzheimer’s Disease.