Northwind Group, a real estate private equity firm and debt fund manager, has reached the final close of Northwind Healthcare Debt Fund II with total capitalization of $342.5 million, exceeding its $250 million target fund size. Northwind Group’s healthcare credit platform provides structured financing and bridge to HUD loans.
“The final close of NHDF II capital raise represents a significant milestone for our healthcare credit platform and is our largest fund to date in the strategy,” said Ran Eliasaf, founder and managing partner, Northwind Group. “We focus on providing acquisition-bridge capital to income-producing portfolios of skilled nursing and senior living assets in select states for U.S.-leading owner/operators who prioritize patient care, invest in their organizational culture and implement innovative technologies to enhance clinical outcomes.”
Since launching its healthcare platform in 2016, Northwind has transacted on $4.6 billion in healthcare properties totaling 423 skilled nursing and senior living assets across 26 states with more than 48,000 beds/units.
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