Market Overview

White Oak Healthcare Finance Supports Acquisition of Maryland SNF's for Vita Healthcare


White Oak Healthcare Finance, LLC ("White Oak"), today announced it
acted as sole lender and administrative agent on the funding of a $34.8
million senior credit facility to Vita Healthcare Group, LLC ("Vita").
The funds were used to finance the acquisition of two skilled nursing
facilities, consisting of 295 beds in Maryland. The financing included a
$31.8 million term loan and a $3.0 million working capital line of

"Vita has a proven track record of identifying underperforming skilled
nursing facilities that can benefit from the oversight of a smaller,
regionally focused operator," said Ross Eldridge, Managing Director at
White Oak. "They have a strong culture of raising resident satisfaction
and quality of care in facilities they acquire. We are thrilled to have
partnered with them and look forward to growing with them in the future."

Vita is a privately held company which, together with its affiliates,
specializes in operating and managing skilled nursing facilities. Vita
is committed to providing the highest level of care and professionalism
to its residents and the surrounding communities. "We are very excited
to have the opportunity to take care of those who need it and give back
to the community, residents and staff. It was a pleasure working with
the team at White Oak. Their speed and certainty of execution gave us
tremendous confidence in them as our partners. We are confident that
together we can bring these facilities to the next level to ensure the
highest standard of care and well-being for the residents," said Israel
Birnbaum, Partner of Vita.

About Vita Healthcare Group LLC

Vita Healthcare Group, based in New Jersey, provides sub-acute,
rehabilitative, and long-term specialty care services in the Northeast
region, and is committed to providing the highest level of care and
professionalism to its residents and the surrounding communities. In
future investments, Vita Healthcare is seeking to grow in the
Mid-Atlantic region. For more information visit

About White Oak Healthcare Finance

White Oak Healthcare Finance, LLC ("WOHCF"), an affiliate of White Oak
Global Advisors, LLC is a lender to all subsectors within the healthcare
industry including healthcare services, pharma and life sciences,
medical devices, healthcare technology, healthcare real estate,
hospitals and SNFs. WOHCF has deep domain expertise with a sole focus on
healthcare which enables it to provide flexible and creative solutions
with certainty of execution. WOHCF offers a differentiated product set
including cash flow term loans, asset based loans and ABL Stretch
facilities, unitranche facilities, last out financings, real estate
financings, equipment financings and opportunistic investments. As a
lender with large pools of capital to deploy, WOHCF generally holds its
full loan positions to maturity.

About White Oak Global Advisors

White Oak Global Advisors, LLC is a leading global alternative asset
manager specializing in originating and providing financing solutions to
facilitate the growth, refinancing and recapitalization of small and
medium enterprises. Since its inception in 2007, White Oak Global
Advisors' disciplined investment process focuses on delivering
risk-adjusted investment returns and establishing long term partnerships
with our borrowers. More information can be found at

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