BHI Provides $42.5 Million Financing For TL Management

NEW YORK, Oct. 28, 2022 – BHI, a full-service commercial bank, announced that it has closed on a $42.5 million term loan for TL Management, a company that owns skilled nursing facilities across the country.

“The TL team was incredibly professional to work with and their experience and knowledge of the business shines through.  We look forward to working with them on this financing and to establishing a long-term relationship for the future. This transaction is part of BHI’s continuous growth in the category and our strategy for further expansion in the healthcare sector going forward,” said Tami Antebi, Senior Vice president and Head of Healthcare for BHI. 

Steven Caligor, BHI Division Executive of Commercial Real Estate and Healthcare, stated, “We view TL Management as a premier owner and a prestigious new addition to our roster of healthcare clients.  We are pleased to have executed this transaction and look forward to assisting TL with its future financing needs. We also extend our thanks to Meridian Capital for its role in referring us the loan opportunity.”

“It was an absolute pleasure working with the expert BHI team. They demonstrated professionalism throughout, and a keen understanding of our business needs.  They worked closely with us as a partner to expedite the transaction,” said Ben Reisman of TL Management.

About BHI (www.bhiusa.com)

BHI, the U.S division of Bank Hapoalim, Israel's leading financial institution, provides commercial banking solutions to middle market clients in sectors including: commercial real estate; general, domestic and Israeli C&I; private equity; food and beverage; apparel; healthcare; corporate banking; and high-tech.  In addition to its New York headquarters, the bank operates U.S. Representative Offices in Woodcliff Lake, New Jersey; Miami, Florida; and Los Angeles, California.