Core Insights - First Citizens Bank's Healthcare Finance division provided $338 million in financing to Autumn Lake Healthcare for acquiring a real estate portfolio of 12 skilled nursing facilities in Maryland, comprising over 1,500 beds [1] Group 1: Company Overview - Autumn Lake Healthcare operates a network of 66 skilled nursing facilities with a total of over 8,200 beds across Connecticut, Maryland, New Jersey, Wisconsin, and West Virginia [2] - First Citizens Bank is a top 20 U.S. financial institution with over $200 billion in assets and is a member of the Fortune 500 [5] Group 2: Strategic Partnerships - Mark Schwartz, COO of Autumn Lake Healthcare, praised First Citizens Bank for their collaborative approach and understanding of the healthcare industry's unique challenges [3] - William Douglass, managing director at First Citizens Bank, expressed pride in supporting Autumn Lake Healthcare's acquisition, highlighting their status as premier providers in the skilled nursing sector [3] Group 3: Future Growth and Commitment - Mike Coiley, managing director at First Citizens' Healthcare Finance, emphasized the alignment of Autumn Lake Healthcare's dedication to high-quality care with First Citizens' mission to support impactful healthcare organizations [4] - First Citizens Healthcare Finance offers tailored financing and banking solutions to middle-market healthcare companies, focusing on growth capital needs [4]