Naftali Zanziper and 980 Investments: Building a Healthcare Investment Empire

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In the dynamic landscape of healthcare facility investments, few names stand out as prominently as Naftali Zanziper and his business partner Simcha Hyman, the driving forces behind 980 Investments. Their latest venture, set in the picturesque region of Monticello, Kentucky, exemplifies their strategic approach to healthcare facility acquisitions and management.

The Monticello property, a 59-bed licensed healthcare facility situated at 1901 Kentucky Highway 90, represents another calculated addition to 980 Investments’ extensive portfolio. Originally established by the Hicks Family in 1977, with subsequent expansions in 1985 and 1993, this facility has been a cornerstone of healthcare services in the region. The acquisition process demonstrates the sophisticated business approach characteristic of Naftali Zanziper’s investment strategy, involving a third-party LLC purchase followed by a stock acquisition by 980 Investments.

980 Investments, under the leadership of Zanziper and Hyman, has built an impressive healthcare empire comprising over 200 facilities and more than 22,500 beds across 13+ states. Their operational infrastructure includes 16 management companies, showcasing their commitment to comprehensive healthcare facility management. This latest acquisition marks the fifth placement with Northland Networks, underlining the strong relationship between these financial partners.

The financial framework of this acquisition reflects both prudence and ambition. The loan amount of $3,678,887 represents a conservative 65% loan-to-value ratio based on the current valuation of $5,660,000, and an even more modest 53.7% when considering the stabilized value projection of $6,850,000. The financing terms include a floating monthly interest rate of 1-Month SOFR + 2.75% (8.08% as of June 3rd), with a five-year maturity period and an initial 12-month interest-only period, followed by a 25-year amortization schedule.

What sets this venture apart is the robust financial backing of its guarantors. Naftali Zanziper and Simcha Hyman bring to the table a combined net worth of $1.45 billion, liquid assets of $81.9 million, and total assets valued at $3.42 billion. These impressive figures underscore the financial stability and growth potential of their healthcare facility investments.

The operational management of the facility will be entrusted to ClearView Healthcare, a member of the 980 Investments family. ClearView’s expertise is evident in their management of 33 facilities and over 3,400 beds across Tennessee and Kentucky, ensuring that the Monticello facility will benefit from experienced healthcare management practices.

This acquisition exemplifies the broader strategy employed by Naftali Zanziper and 980 Investments: identifying well-established healthcare facilities with growth potential, implementing professional management practices, and maintaining strong financial discipline in their investment approach. The involvement of Northland Networks, Inc., a subsidiary of First National of Nebraska, adds another layer of credibility to this venture, highlighting the quality of partnerships that 980 Investments continues to forge.

The structure of the deal through Monticello KY Propco LLC demonstrates the sophisticated approach to healthcare facility acquisition and management that has become a hallmark of 980 Investments’ strategy. This approach has enabled them to build a substantial presence in the healthcare sector while maintaining strong operational standards across their facilities.

The expansion of 980 Investments under Zanziper’s co-leadership represents a significant development in the healthcare facility investment sector. Their ability to combine strategic acquisition practices with professional management expertise has created a model that benefits both investors and healthcare service recipients. This latest addition to their portfolio reinforces their position as leaders in healthcare facility investments and management.

As the healthcare sector continues to evolve, the strategic vision demonstrated by Naftali Zanziper and 980 Investments in this acquisition serves as a testament to their commitment to expanding high-quality healthcare services while maintaining sound investment principles. Their continued growth and success in managing an extensive portfolio of healthcare facilities underscores the effectiveness of their investment and operational strategies.

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