Press Release
January 13, 2014

Holland & Knight Handles Significant Acquisition of Midwest Healthcare Facilities

CHICAGO (January 13, 2014) - Holland & Knight lawyers represented a purchasing group in the acquisition of a portfolio of healthcare companies in the Midwest. The transaction was valued at approximately $250 million and featured a number of highly complex legal issues.

Holland & Knight's role in the matter began in January 2013. The matter involved the simultaneous closing of 14 nursing facilities and their St. Louis headquarters, the closing of concurrent loan transactions, the re-documentation of 14 leases and Housing and Urban Development (HUD) regulatory agreements for 26 entities and real estate filings in a dozen counties.

Holland & Knight partners Elias Matsakis and David Allswang led this transaction with assistance provided by associate Robyn Axberg.

Related News and Headlines