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Sencap Partners Inc. (“Sencap”) is pleased to announce the closing of a $46,104,000 senior-secured private placement project financing for the redevelopment of Sandfield Place Long Term Care. The project to be located in Cornwall, Ontario, consists of the development and construction of a greenfield 128-bed long-term care home to be renamed Ted Laurier Place. Sencap is proud to support the Kinnear family in this exciting LTC redevelopment project.

The Kinnear family is a multi-generational provider of seniors care, serving the Cornwall, Ontario community since the 1970s. Sandfield Place remains a family-owned seniors’ residence that has been providing both long-term care and assisted living services to the Cornwall community since 1991.

“This project has been a huge milestone for our family. We are committed to providing quality care to the most vulnerable population in and around the Cornwall areas. Working with Sencap has helped make these stressful and important decisions manageable through their personalized service. Omer, Ben and the Sencap team knew what we needed and competently secured the deal” – Stephanie Kinnear, Administrator.

With offices in Toronto, Oakville, and Vancouver, Sencap is a privately-owned and independent financial services provider, offering customized debt financing solutions to the Canadian infrastructure, real estate, and seniors housing sectors. Sencap acts as advisor, arranger, and administrative agent - providing its clients with an end-to-end project financing solution for development and construction, acquisitions, redevelopments, refinancings, and recapitalizations. With over 24-years of banking and capital markets experience, Sencap’s principals have structured and arranged over $4.5 billion in complex project financings, advised on over 25 PPP infrastructure projects, and financed over 4,500 long-term care beds across Canada.

For more information, please visit www.sencappartners.ca.