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November 2018 Capital Wisdom #11
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Multi-Facility Conventional Funding Program Drawing Interest From Senior Housing/Healthcare Borrowers

Cambridge Realty Capital Companies reports an up-tick of interest in a conventional funding program that owners and operators of multi-facility congregate retirement apartments, assisted living facilities and nursing homes are using to refinance or acquire properties for existing portfolios or capitalize new construction.

Chairman Jeffrey A. Davis said the company’s Multi-Facility Plus conventional financing program offers competitive interest rates for loans of $10 million or more.
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Why It's Important For Borrowers To Explain Their Motives

Here are some important things senior housing/healthcare borrowers should keep in mind when applying for popular HUD financing programs.

"It's important that borrowers be prepared to thoroughly explain their business plans and motives. The need lenders have for information can appear to be insatiable at times," says Cambridge Realty Capital Companies Managing Director Sampada D'silva.
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For The Best Results, Relationship-Building Process Demands An Orderly, Systematic Approach

 













"It’s a HUD loan. Does it matter where I get it?” This is a question that Cambridge Realty Capital regularly encounters when speaking to borrowers about securing a HUD loan. However, “the provider you choose can actually make a big difference,” states Cambridge Chairman Jeffrey Davis.

Cambridge Realty Capital has been providing HUD funding since 1985 when Andrew Erkes, Cambridge President, first joined the company. By then, Cambridge was already a successful realty capital provider. Using Erkes’ extensive knowledge of and experience in HUD-insured mortgages, Cambridge branched out into the HUD market and quickly developed a reputation as one of the US’s premiere HUD providers.

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We Want More Than A First Date…We Want A Relationship With You!

Mortgage brokers or bankers might reasonably convince themselves there’s no time like the present to establish and build a mutually beneficial relationship with a senior housing/healthcare lending specialist who knows the ropes.

“The industry’s highly favorable demographics and long-term outlook are encouraging many to take a second look at opportunities presented,” says Cambridge Realty Capital Companies Chairman Jeffrey A. Davis.

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Cambridge Realty Capital Companies
1 North LaSalle Street
37th Floor
Chicago, Illinois 60602

P (312) 357-1601 | F (312) 357-1611

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