Assisted Living & Long-Term Care |
| We advise both family-owned and national companies with the development, financing, tax planning (for both taxable and tax-exempt entities), regulatory compliance, licensure and certification, and management and operation of alternative housing options for the elderly, assisted living residences, nursing homes and retirement communities. We counsel on day-to-day operational issues, assembling tax credits, tax-exempt bonds, Medicaid waiver financing, employee benefits and resident relations. Additionally, we handle issues pertaining to development and expansion, zoning, permitting, financing, licensing and certification of new facilities. |
Representative Projects and Transactions
- Represented developer and licensor of a chain of five long-term care facilities in Massachusetts including regulatory, financing and long term lease negotiations.
- Counsel to the largest privately held nursing home and assisted living provider in the Commonwealth of Massachusetts in connection with $30 million acquisition of two nursing facilities, an assisted living facility and a medical office building.
- Represented consortium, including a Massachusetts General Hospital affiliate, in the development of a 350-unit cooperative housing community with an on-campus nursing home in Westwood, MA.
- Represented the developer and manager of a 160-unit continuing care cooperative community on the South Shore of Massachusetts.
- Represented in connection with the financing and development of one of the first truly affordable assisted living facilities in Massachusetts.
- Borrower's counsel in connection with regulatory matters and construction and working capital financing for an assisted living facility and nursing facility campus development, involving multi-mode, variable rate, assisted living revenue bonds and taxable adjustable rate notes.
- Represented a major national provider of assisted living services in regulatory, real estate and other matters.
- Assisted in the development of a 113- unit facility designed to serve low and moderate income residents in a Boston suburb.
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