If you’re thinking about conventionally refinancing a portfolio of nursing homes and looking for a way to save a lot of time and effort, Business Development Director Stephen Vegh of Cincinnati-based Premier Health Care Management has this advice:
“If the idea is to preserve your sanity you’ll need to choose the supplier you elect to work with wisely,” he says. Premier’s facilities “are designed to deliver excellent medical care while providing residents with an incomparable experience of luxury, comfort, attention to detail and a deep commitment to service,” so when it was time to refinance them, the firm considered the options and settled on Cambridge Realty Capital to coordinate what proved to be a complex multi-facility conventional loan transaction.
“Processing the loan in a timely fashion was an important consideration for us. At Cambridge, we found the level of professionalism to be exceptionally high. And the company had the contacts and know-how needed to shop the loan package and find the funding solution that worked best for us at a competitive rate,” notes Vegh, adding that “as the deal progressed, Jeff Davis was instrumental in helping to keep everyone sane.”
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