With rock-bottom interest rates and lines out the door, public finance agencies are still underwriting scores of transactions in the skilled nursing sector.
Challenges looming for AR financing
By
Steve Kennedy
Dec 18, 2013
Senior living providers that use AR financing should be aware that the U.S. Department of Housing and Urban Development (HUD) Sec. 232 program, better known as HUD LEAN, has recently announced substantial...
Capital Funding Group announces two loans
Aug 12, 2015
Capital Funding Group has closed a HUD loan for The WaterLeaf at Land Park in Sacramento, CA.
CFG announces three loans
Mar 29, 2017
Capital Funding Group has announced the closing of three HUD loans.
Cambridge creates bridge lending program
Dec 20, 2016
Cambridge Realty Capital Companies has created the Cambridge Signature Bridge Lending Program to help with HUD financing.
Skilled nursing chain’s collapse leaves HUD holding the bag on $146M
By
Kimberly Marselas
Jun 03, 2019
When a nursing home chain collapsed last year, its default on $146 million in loans became the biggest loss in the history of a HUD loan-guarantee program.
Study: Discharging COVID-positive patients into SNFs from hospitals raised cases, deaths in early pandemic
By
Kristen Fischer
Jun 03, 2024
There were more preventable cases and deaths when older adults who were treated at hospitals for COVID-19 were transferred to skilled nursing facilities (SNFs) accepting positive patients compared to facilities...
Loans closed by HHC Finance
May 26, 2015
HHC Finance closed more than $210 million in HUD loan modifications for its clients due to their drop in interest rates in January.
SNF receives $78.4 million loan
Jul 26, 2017
Greystone announced last week it had provided a $78.4 million HUD-insured loan to refinance Boro Park Center for Nursing & Rehabilitation, a skilled nursing facility in Brooklyn, NY.
SNF receives $59M in financing
By
Elizabeth Newman
Apr 17, 2019
Greystone has provided a $58.8 million HUD-insured loan to refinance a skilled nursing facility in Southampton, NY, the firm said.