CDFI/Stories/Community Facilities/Phoenix Care Partners, LLC

Phoenix Care Partners, LLC

$8 Million in Long-Term, Fixed-Rate Financing for Phoenix Senior Behavioral Health Center

Clearinghouse CDFI (CCDFI) provided $8 million in permanent financing to Phoenix Care Partners, LLC to replace an existing loan for the initial acquisition and rehabilitation of a senior behavioral health center. CCDFI’s new loan delivers a lower, fixed interest rate with a longer, 10-year term.

The new facility—Talas Harbor on Buckeye (Talas)—is an inpatient psychiatric hospital serving Phoenix and the surrounding areas. It specializes in compassionate, comprehensive, and intensive psychiatric treatment for adults and seniors suffering from mental health and substance abuse issues. Talas is operated by Kindred Behavioral Health Care—an organization that partners with hospitals nationwide to expand access to quality behavioral health services via medical, mental health, addiction, and operational expertise. Talas offers 22 patient rooms with a total of 42 beds, a dining room, activity room, quiet room, and a multi-purpose room.


Download the PDF: Just Funded by CCDFI – Phoenix Care Partners, LLC

Related Articles and Insights

AdobeStock_274982011_Resize

Overcomers Ministries Church | Acquisition Financing

Clearinghouse CDFI provided $937,500 in acquisition financing to Overcomers Ministries…
Read Full Article
Cristo-Rey-Ft-Worth-2 – Copy

Cristo Rey Fort Worth | STEAM Center Expansion

Clearinghouse CDFI provided $1,425,000 in financing to support campus expansion and…
Read Full Article
APAIT-1

Special Service for Groups – Kohler | 60-Bed Interim Housing Project

CCDFI financed $5.4 million to support an interim housing project that expands access to…
Read Full Article
Untitled-design-55

Seacoast United Outdoor Complex – Epping, NH

Clearinghouse CDFI provided a $6,800,000 loan for a cash-out refinancing supporting…
Read Full Article
Untitled-design-54

North Shore Sportscenter – Northbrook, IL

Clearinghouse CDFI provided $7,800,000 in refinancing for the continuation and expansion…
Read Full Article
Untitled-design-53

Best Choice Fieldhouse – Fishers, IN

Clearinghouse CDFI provided a $5.4 million loan to support the refinancing of youth…
Read Full Article