$1M penalty approved after record $146M nursing home mortgage default
By
Danielle Brown
Aug 19, 2019
A judge has approved a nearly $1 million penalty for the former leader of a nursing home chain after the company defaulted on $146 million in loans — the biggest default in the HUD federal mortgage insurance...
How to do it … Mortgage financing
May 01, 2013
FHA-backed mortgages are becoming popular with long-term care facilities as conventional banks are increasingly uncertain about the impact healthcare reform and financing will have on providers’...
Capital One refinances SNF in Chicago
Jun 07, 2016
A 318-bed skilled nursing facility in Chicago will be refinanced with the help of a $20.9 million loan from Capital One.
Beech Street Capital provides $23.1M refinance loan to Chicago center
Mar 11, 2014
Beech Street Capital has provided a $23.1 million HUD 232/223 (f) loan to refinance Lake Shore HealthCare and Rehabilitation Centre in Chicago.
Walker & Dunlop closes $61 million in HUD loans for 12-facility portfolio
Jul 07, 2009
Walker & Dunlop recently provided $61 million in HUD insured financing for a portfolio of 12 nursing homes in Arkansas. The portfolio was purchased by CSCV – Arkansas.
Capital One to refinance Chicago SNF for $24M
Jun 30, 2015
Capital One Financial Corporation has provided a $23.7 million fixed rate HUD 232/223(f) loan to refinance a skilled nursing facility near Chicago.
Interest-ing times
By
John Andrews
Oct 01, 2013
As interest rates slowly nudge upward and public financing agencies remain under scrutiny, analysts look at the ramifications for skilled nursing and seniors housing
Capital Funding Group announces SNF deals
Jul 07, 2015
Braswell Colonial Care, a skilled nursing facility in Redlands, CA, received a bridge-to-HUD acquisition financing deal worth $13.9 million through Capital Funding Group.
KeyBank Real Estate Capital provides $114 Million in HUD funding
Apr 17, 2012
KeyBank Real Estate Capital recently closed on $114 million in HUD financing with Athena Health Care Systems on 13 seniors housing communities. The facilities are located in Connecticut and Rhode Island....
Fixed-rate HUD loan announced for IL SNF
Jul 12, 2016
Capital One said it provided a $23.4 million, 35-year fixed-rate HUD 232/223(f) loan to refinance a supportive living and skilled nursing facility in Northern Illinois.