News

Enhanced Capital supports re-opening of historic Bristow Tower in New Orleans

December 20, 2016

Alder

Enhanced Capital recently helped support the renovation of a vacant, historic 10-story tower in New Orleans. Built in 1964, Bristow Tower sits on the campus of Ochsner Baptist and once provided housing for hospital employees. The building is on the National Register of Historic Places. However, it has sat mostly empty since 1995; the few ground-level offices used after then were wiped out by Hurricane Katrina.

 

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Enhanced helps finance massive historic rehabilitation project in Savannah

December 12, 2016

Kessler

Enhanced Capital is pleased to have a role in one of the biggest private developments in the history of Savannah, Georgia.

The new Plant Riverside District is expected to bring as many as 700 new jobs to the city while transforming an old power plant into a modern-day mixed-use development. Enhanced helped the development team realize value from state historic rehabilitation tax credits, which helped finance the project.

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Brighter Health Network, LLC Announces Acquisition of Urodynamic Testing Specialists

September 22, 2016

BHN logo

Brighter Health Network, LLC (BHN), which offers medical diagnostic solutions such as urodynamic testing services, today announced it has acquired Urodynamic Testing Specialists (UTS) for an undisclosed amount. The acquisition is expected to be immediately accretive to earnings and will significantly increase BHN’s top and bottom lines.

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TaskEasy Announces New Credit Facilities

September 21, 2016

TaskEASY

TaskEasy, Inc., the premier nationwide, on-demand exterior maintenance provider, announces the availability of two new credit facilities to support its continued growth. Enhanced Community Development, a subsidiary of Enhanced Capital, provided $1.65 million in debt financing through the federal New Markets Tax Credit program, the Utah Small Business Jobs Act, and private capital from Goldman Sachs’ Urban Investment Group. In addition, Square 1 Bank, a division of Pacific Western Bank, has renewed a $2.2 million facility, first established in May 2015, and has increased the amount to $5.5 million.

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