Naftali Zanziper’s 980 Investments Expands Kentucky Healthcare Portfolio

The healthcare investment landscape continues to evolve with the latest strategic acquisition by 980 Investments, co-founded by Naftali Zanziper and Simcha Hyman. Their most recent venture focuses on a 59-bed licensed healthcare facility in Monticello, Kentucky, marking another milestone in their expansive healthcare portfolio.

The property, originally developed by the Hicks Family in 1977 and enhanced through expansions in 1985 and 1993, sits at 1901 Kentucky Highway 90. This strategic acquisition showcases the sophisticated investment approach that has become synonymous with 980 Investments’ growth strategy. The transaction structure involves an innovative two-step process: initial acquisition by a third-party LLC, followed by 980 Investments executing a stock purchase of the entity.

Under the leadership of Naftali Zanziper and his partner, 980 Investments has established itself as a powerhouse in the healthcare sector, managing an impressive portfolio of over 200 facilities and 22,500 beds across more than 13 states. Their operational framework encompasses 16 management companies, demonstrating their commitment to comprehensive healthcare facility oversight. This particular transaction represents their fifth collaboration with Northland Networks, highlighting the strength of their institutional relationships.

The financial architecture of this acquisition reflects both prudence and strategic foresight. With a loan amount of $3,678,887, the transaction maintains a conservative loan-to-value ratio of 65% based on the current valuation of $5,660,000. Looking ahead, this ratio improves to 53.7% when considering the stabilized value projection of $6,850,000. The financing structure includes a floating monthly interest rate (1-Month SOFR + 2.75%, standing at 8.08% as of June 3rd), complemented by a five-year maturity period and a thoughtfully structured 12-month interest-only period.

The financial backing of this venture is particularly noteworthy. The personal guarantors, Zanziper and Hyman, bring extraordinary financial strength to the table, with a combined net worth of $1.45 billion, liquid assets totaling $81.9 million, and aggregate assets of $3.42 billion. These impressive figures underscore the robust foundation supporting their healthcare investment initiatives.

Operational excellence remains a cornerstone of 980 Investments’ strategy. The Monticello facility will be managed by ClearView Healthcare, a key member of the 980 Investments family. ClearView’s extensive experience in managing 33 facilities and over 3,400 beds across Tennessee and Kentucky positions them ideally to optimize the facility’s performance and ensure high-quality care delivery.

The involvement of Northland Networks, Inc., a subsidiary of First National of Nebraska, adds another layer of institutional credibility to this venture. This partnership facilitates the connection between developers, lenders, and investors across thirty states, creating diverse opportunities for community bankers and healthcare investors alike.

The deal’s structure through Monticello KY Propco LLC exemplifies the sophisticated approach to healthcare facility acquisition that has become a hallmark of Zanziper’s investment strategy. This methodology has enabled 980 Investments to build and maintain a substantial presence in the healthcare sector while ensuring operational excellence across their facilities.

The expansion of 980 Investments under Naftali Zanziper’s co-leadership represents a significant development in the healthcare investment landscape. Their ability to combine strategic acquisition practices with professional management expertise has created a model that benefits both investors and healthcare service recipients.

As the healthcare sector continues to evolve, this latest acquisition by 980 Investments demonstrates their commitment to strategic growth while maintaining sound investment principles. The combination of strong financial backing, experienced management, and strategic partnership with established financial institutions positions this venture for success.

Looking ahead, the proven track record of Zanziper and 980 Investments in managing and growing healthcare facilities suggests that this latest addition will enhance their portfolio while contributing to the advancement of healthcare services in Kentucky. Their continued expansion and success in managing an extensive network of healthcare facilities underscores the effectiveness of their investment and operational strategies in meeting the growing demands of the healthcare sector.

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