Skilled Healthcare Group CEO to retire as company rebuilds
By
Tim Mullaney
Sep 01, 2013
Boyd Hendrickson, a transformative figure in long-term care while at the helm of Skilled Healthcare Group, will be retiring as the company restructures its balance sheet and administrative services.
Cambridge closes six HUD lean loans in first half of year
Jul 27, 2010
CambridgeRealty Capital Companies closed six HUD lean loans totaling $40.4 million during the first half of the year. The firm predicts heightened activity for the third quarter, according to Chairman...
Love Funding closes $23.5 million in HUD loans for five-facility portfolio
Jul 07, 2009
National mortgage-baking firm Love Funding has announced the recent closings of separate HUD-backed loans for a portfolio of five nursing home facilities, totaling more than $23 million. The transactions...
Capital One announces loans for SNF refinancing
Feb 03, 2015
Capital One Multifamily Finance has provided $29.1 million in fixed-rate, HUD 232/223(f) loans to refinance four skilled nursing facilities in California, the firm said.
REIT refinances 3 SNFs
Jul 12, 2017
Strawberry Fields REIT announced this week it had closed three HUD guaranteed loans on refinances of skilled nursing facilities in Tennessee.
HUD loosens requirements for nursing home loans
By
Haymarket Media
Aug 11, 2004
The U.S. Department of Housing and Urban Development published its final Notice governing the Section 232 loan program, specific for nursing homes.
Capital Finance announces credit lines, deals
Mar 03, 2015
Capital Finance LLC has announced a revolving line of credit to Knoxville Healthcare LLC. It is the sole lender in the $2 million deal.
Borrowing to build
By
John Andrews
Jan 01, 2014
New construction funding for skilled nursing facilities remains scarce, but lenders say they will listen if operators present a convincing case for building.
Accused HUD schemer settles for $146M
By
Kimberly Marselas
Nov 14, 2019
A rabbi at the center of a $146 million nursing home mortgage default agreed in principle to settle a lawsuit accusing him of operating a scheme that targeted Chicago’s Orthodox Jewish community. The...
Nursing home executives settle allegations of mortgage-refinancing scheme
By
McKnight's Staff
Aug 27, 2012
Three men recently agreed to pay over $5.3 million to settle charges that they issued false statements to secure mortgage financing for three Oklahoma nursing homes.