Experience
Conducted the Sale of Multiple Assisted Living Facilities
We assisted our client with the sale of nine nursing home/assisted living facilities. Our client wished to leave the nursing home industry, and we negotiated and prepared the sale/purchase transaction documents.
Counseled a Travel Nursing Company Through a Stock Sale
We represented a closely-held travel nursing company with a national footprint in the sale of all of its stock. Our role included assisting the company in preparing its books and records for an acquisition, negotiating the terms of the sale, working with state licensure and qualification in numerous states, and coordinating due diligence. The transaction enabled significant growth for the acquirer and facilitated retirement for the founder of the travel nursing company.
Counseled Nonprofit in Sale of Two Nursing Homes
We represented an owner in the $14 million sale of two nonprofit nursing homes in Ohio. Our role included negotiating terms of the sale, negotiating a purchase agreement, coordinating due diligence, filing appropriate documentation with state regulators, handling special considerations for the sale of a nonprofit property, and closing the transaction.
Counseled Nursing Home Owner in Sale of Two Nursing Homes
We represented an owner of nursing homes in the sale of two Ohio facilities. Our role included negotiating terms of the $16.7 million sale, negotiating a purchase agreement, coordinating due diligence, filing appropriate documentation with state regulators, resolving real property issues at the sites, and closing the transaction.
Development of Bridge Loan Program
We represented a national mortgage banking firm in developing a short-term bridge loan product for multifamily housing and commercial properties. Dinsmore worked with the client to develop standards, procedures, and forms for loans to cover gaps prior to permanent financing. We closed five bridge loans under this new program in 2017, including for residential multi-family property, a hotel, and commercial/industrial property. The loan program has allowed the client to better serve its customers with short-term loan solutions.
Represented Life Company Lender on Nearly 100 Loan Closings
We represented a national life insurance company on all aspects of loan documentation, negotiation, and closing for nearly 100 loans in 2016 and 2017. The loans ranged from less than $1 million to more than $20 million and were secured by a wide range of commercial real property, including retail centers, warehouses, apartment complexes, and hotels. Dinsmore worked closely with the client, borrower’s counsel, title companies, surveyors, and other third-party providers to resolve loan documentation, real estate, tenant, and borrower organizational structure issues and all other issues necessary to close various loans in a cost-effective and collaborative manner.
Represented Transportation Company on Bank Loan
Dinsmore represented a national group of transportation and logistics companies on a $20 million bank loan to finance an acquisition and operations. We handled negotiation of the loan documents and production of required due diligence.