Case Study: $230MM Recapitalization | Healthcare Portfolio | Louisiana

Recapitalization | Mezzanine Loan | Other | REILS Structured Equity
Eyzenberg & Company recapitalized a diversified $230MM healthcare portfolio by arranging an offshore, Sharia-compliant capital solution. 

Challenges

Sourcing equity and structured capital for rural hospitals in a tertiary market proved to be a challenging endeavor for the Sponsor. Additional time constraints made it impossible to do a HUD execution.

Solutions

Eyzenberg & Company arranged REILS (Real Estate Index Linked Securities) structured equity with a domestic issuer. A series of leases were executed to enable rent to mimic interest payments thereby qualifying the opportunity for Sharia-compliant investors. The capital infusion provided the sponsor the ability to repatriate capital, acquire additional properties and to renovate existing ones.