Foley Launches Senior Living Distressed Assets Matchmaker Tool

03 June 2010 Media Contact: Jill Chanen News

Foley announced today the availability of its Senior Living Distressed Assets Matchmaker tool, an online tool geared exclusively to the senior living industry. This tool is designed to bring together those seeking to purchase (seekers) or sell (sources) distressed senior living assets.

The tool is the latest addition to Foley’s proprietary Private Equity Matchmaker software platform, which includes the Senior Living Private Equity Matchmaker tool that was launched in 2009.

With its automated search function and deal-matching capability, the Senior Living Distressed Assets Matchmaker tool evaluates potential matches based on key attributes including the type and stage of the distressed asset, character of the asset/debtor, facility type and location. When a match is identified, the system generates an email notifying Foley attorneys of the potential compatibility so that introductions can be made.

Parties interested in having their information entered into the Senior Living Distressed Assets Matchmaker database should contact Foley Partner Michael A. Okaty at 407.244.3229 or mokaty@foley.com.

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