Client Transactions

1	2024-2025	Serving as Municipal Advisor to a Senior Housing Community in TN., sourced multiple debt options with indicative terms for consideration, including tax-exempt bonds.
2	2024	Served as Municipal Advisor to Solid Waste development project in Florida, organized and led the financing team, secured $65 mm of tax-exempt bond volume allocation for the project.
3	2023-2025	Serving as Municipal Advisor to $20+ mm total cost Active Adult developed in Texas, organized and sourced  the bond financing team including the Issuer and Bond Counsel, established communications with the Bond Allocation entity and outlined the steps necessary to secure bond volume allocation in Texas for a 100+ Active Adult community.
4	2023	Developed Pro Forma Operating Model for two 130+ unit Senior Living Communities.
5	2021-2022	Sourced a Ground Lease and  non-recourse Debt for a $40 mm+ Senior Housing project, sourced 80% of capital stack; sourced a ground lease for work force housing project.
6	2019- 2020	Sourced Debt for a Student Housing project in low income, opportunity zone; $15MM+ project;  Consulted on and closed on a Senior Housing Financing, $40 mm + project.
7	2018	Sourced Guarantors for work force Multi Family Housing project,  in South Carolina, $12.47 mm project, Bridge to HUD loan, Historic and State Mill tax credits involved.
8	2017	Sourced $13 million acquisition financing for Senior Housing Communities in Georiga.
9	2015-2016	Follow on financing for Assisted Living Facility, consulting for Wood Pellet Manufacturing Plant, Sourced Management Agreement for Surgery Center Company.
10	2014	Sourced equity for Assisted Living Facilities in Georgia, $5.7 million and one Independent Living Facility in Alabama
11	2012-2013	Sourced Equity and Debt for Assisted Living Facilities in Alabama, $7 million non-recourse, tax-exempt debt. EB5 financing also sourced for equity.
12	2011-2012	Advised and sourced financing for acquisition of an Assisted Living community in the Birmingham-Hoover MSMA: Maplewood Lane.
13	2009 -2010	Advised Alabama Hospice Company in its sale.
14	2007-08	Advised American Work, a $13 mm behavioral company based in south Georgia, in its sale to Providence Services Corporation (PRSC).
15	2006	Merger of two surgery centers; Introduced Radiation Oncology Company in Alabama to a potential acquisition and investors. Company was sold in 2007
16	2005	Performed feasibility study for Louisiana surgery center in the context of a merger.
17	2003-2006	Advised Louisiana based surgery center on financial options, sourced merger partner.
18	2004	Advisor for Alabama based TPA, assisted with business development.
19	2003	Advisor to data storage company in Alabama. Obtained two term sheets for financing the Company and introduced it to a potential strategic partner.
20	2002	Sourced buyer of Medicare book of business for a Houston based HMO.
21	2002	Advised Ochsner HMO, Louisiana in assessing financial strategies.
22	2002	Advised seller of $100 MM in revenues HMO in Alabama that was a turn around. Sourced the buyer and the HMO is now part of a publicly traded company: HealthSpring, headquartered in Nashville, TN that was acquired by Cigna in 2011 .

What our Clients Say About us: Below are excerpts from letters that various clients have written about our work.

Owner, Manager and Developer of Independent Senior Living Community, September, 2019

“Cedar came up with a financing plan that… allowed me to refinance, take money off the table and sell the property… I was so impressed with the creative financing ability that Cedar displayed….”

Third Party Manager of Senior Housing Communities, March 2016

“As part of the management team that manages, operates and develops Senior Housing facilities, we had the opportunity to work with Cedar Ventures…on a financing for a ground up construction project of an Assisted Living Facility….We would be happy to work with Cedar Ventures again on another ….financing and would recommend [Ms. Kassouf] and her team.”

Mortgage Broker, September, 2021

“In the fall of 2020, [we] contacted Cedar Ventures about a Senior Living ground-up construction project … From [our] perspective, Cedar excelled and delivered …and went beyond their goals…[we] would definitely consider collaboration with …Cedar on future transactions.”

Student Housing Developer, September, 2021

“Among the Developer Partners and Builder on this transaction, our comment to and sentiment of Cedar Ventures at the end of the transaction was and still is today: ‘We couldn’t have done it without you. Good work.’ We were impressed by the professionalism, the financial and legal acumen, the creativity and the diligence of Cedar in seeing this transaction through to its successful completion. We have continued to maintain dialogue with Cedar as we would welcome working with Cedar on another transaction.”

Senior Housing Developers and Operator, April, 2019

“Cedar Ventures was hired in March 2014 to source equity for this transaction by the Not for Profit Developer. Two weeks later, Cedar had arranged for an equity investor to be on site touring the property. By June 2014 the land was purchased and by July 2014 the transaction was closed with both debt and equity in place. …Both myself and my business partner could not have been happier to see these two transactions close.”

Not-for-profit Housing Foundation, September, 2019

“In the Spring of 2017, we were introduced to Cedar Ventures as they were seeking a guarantor for a work force housing project…The project encountered many challenges but we watched as Cedar persistently hung in there and helped to overcome some of these challenges. The transaction closed in the third quarter of 2018. …We have continued to maintain dialogue with Cedar as we would welcome working with them on another transaction.”

 

DISCLAIMER:

The above referenced transactions involved transactions where Cedar, working through its broker dealer, sourced equity or in some cases, guarantors of bank debt,  credit union debt, agency debt, Ground Lease financing. This web site does not contain any testimonials that refer to transactions that closed where Cedar served as a municipal advisor.

Testimonials may not be representative of the experience of other customers and the fact that there is a testimonial is no guarantee of future performance or success. No funds or other compensation were paid for the testimonial.