Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Oxford Finance Provides $20 Million Debt Financing Facility to American Senior Living Communities

ALEXANDRIA, Va., Jan. 4, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life science and healthcare services companies, today announced that it closed a $16 million senior secured term loan and $4 million revolving line of credit with American Senior Living Communities ("ASLC").  Proceeds of the term loan were used to refinance two skilled nursing facilities in Rhode Island, and the revolver will be used to fund ongoing working capital needs at these sites.

"ASLC is extremely well-managed and highly respected in the seniors housing industry," said Christopher A. Herr, managing director for Oxford Finance. "Oxford provided capital to ASLC in the past to support its Rhode Island skilled nursing facility, and we are very pleased to have the opportunity to expand our relationship."

"ASLC has been extremely pleased with its relationship with Oxford, beginning with the original revolving line of credit implemented shortly after our acquisition of Trinity Health and Rehabilitation Center," said Jeffrey A. Barnhill, executive vice president and chief financial officer for ASLC.  "We are additionally pleased to have the opportunity to strengthen our relationship with Oxford via the refinancing of our first mortgage debt for the two Rhode Island properties, and the expansion of our revolving line of credit.  ASLC very much appreciates the professional and expeditious manner in which Oxford supports our relationship."

About Oxford Finance LLC
Oxford Finance is a specialty finance firm providing senior secured loans to public and private life science and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated over $1.5 billion in loans, with lines of credit ranging from $500 thousand to $40 million. Oxford is headquartered in Alexandria, Virginia, with additional offices in California, Illinois, Massachusetts and North Carolina. For more information visit www.oxfordfinance.com.  

About American Senior Living Communities
American Senior Living Communities ("ASLC") is a regional operator of senior housing communities committed to providing high quality and cost effective health care to their residents. ASLC has a portfolio of four properties, totaling 568 licensed beds. The portfolio, which is concentrated in the Northeast, includes three skilled nursing communities and one assisted living community.  ASLC is headquartered in East Greenwich, RI, with additional offices in Florida and Frederick, MD.  For more information visit www.aslci.com.

 

   

SOURCE Oxford Finance LLC

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
Next-Gen Cloud. Whatever you call it, there’s a higher calling for cloud computing that requires providers to change their spots and move from a commodity mindset to a premium one. Businesses can no longer maintain the status quo that today’s service providers offer. Yes, the con...
Maintaining lower development environments can become an unbearable headache. Changes to an application, service or API are seldom completely testable, leaving us to discover broken code when it’s too late. This lack of visibility into application dependencies severely limits ear...
For Windows environments, it is critical that organizations can delegate administration and establish granular privileges quickly and efficiently to restrict administrators so they only access the servers and resources required to perform their job and only during the approved ti...
VisionMobile recently published one of the best reports on apps for vehicles that I have read. It is frustrating with how difficult it is to actually get an app approved for use in a car. Here are some of the unique challenges: Safety first considerations (like driver distractio...
The social media expansion has shown just how people are eager to share their experiences with the rest of the world. Cloud technology is the perfect platform to satisfy this need given its great flexibility and readiness. At Cynny, we aim to revolutionize how people share and or...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

MEDFORD, Mass., April 21, 2014 /PRNewswire/ --