Knowledgeable Lender And Responsive Borrower Are Keys To Successful Loan Applications, Cambridge Executive Says

Because it’s a complex process, senior housing/healthcare borrowers generally understand that working with a knowledgeable, experienced lender can be the difference maker when applying for popular FHA-approved HUD 232 Lean financing.

“This especially applies to borrowers who want assurances and hope to get through the process with a minimum amount of angst or confusion,” says Cambridge Realty Capital Companies Managing Director Sampada D’silva.
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Tips For Success In A Tight Credit Market

Owners and operators of healthcare facilities need to recognize and avoid failed funding strategies that effectively place the cart before the horse in a tight credit market, one expert advises.

Jeffrey A. Davis, chairman of Chicago based Cambridge Realty Capital Companies, observes that financing for healthcare providers will continue to be limited over the next 24 months with local banks and HUD the primary sources for funding.
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Thorough Understanding Of State Regulations Key To Building New Senior Housing Facilities

The Empire State is known to be one of the hardest markets to break into when it comes to new senior housing builds, although it is certainly not due to lack of need, particularly for low to moderate-income seniors. In 2016, the number of people waiting for affordable senior housing was estimated to be approximately 200,000. The average individual wait time is a disheartening seven years.

New Development in Senior Housing/Healthcare Properties Looks
Strong for 2019