Intercreditor Agreements in Skilled Nursing Facilities: Collateral Allocations That May Surprise You!

Financial services attorneys Jessica MacAllister, Elle McCulty and Abbey Ruby co-authored an article for the November issue of The Secured Lender Magazine delving into the complexities of intercreditor agreements in the skilled nursing facilities (SNFs) sector. They highlight the unique challenges these agreements face, including regulatory constraints and complex collateral allocations, especially with the common "split collateral" structures that see accounts receivable and real property secured separately. The article also examines the distinct features of SNF financing transactions, emphasizing the necessity for understanding the nuanced interplay between regulatory requirements and collateral prioritization to navigate the intricacies of lending in this heavily regulated industry.

READ: Intercreditor Agreements in Skilled Nursing Facilities: Collateral Allocations That May Surprise You! (Article starts on page 72)