Minnesota Behavioral Health Hospital Purchased by Management Group

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry Article Golden Valley Health Center, located in Golden Valley, Minnesota, was purchased by a management group on December 23, 1989. Health One Corporation of Minneapolis and Comprehensive Care Corporation of Irvine California were the previous owners of the facility. The management group, which was led by, Steven R. Kamber, the facility’s Chief Executive Officer, purchased the facility for $21 million. Loeb Partners Corporation, a Wall Street investment firm, and Sanwa Bank Credit Corporation,, a subsidiary of Sanwa Bank, Ltd., provided the financing. Golden Valley Health Center is a . . .