Abundant Opportunities to Acquire.

“If you have considered expanding your portfolio of long-term care properties, there is no better time to do so than now,” said Cambridge Realty Capital Senior Vice President Brent Holman-Gomez. “Opportunistic buys of long-term care properties have become much more abundant.”

The reason for this excess is due, at least in part, to a combination of lower inflation’s more predictable business environment while there are continued high interest rates. This can open up opportunities for operators with good business plans while sellers are pressured by credit constraints. It is a good market situation for some operators who are in a position to obtain financing for additional properties. Holman-Gomez reported that sale prices are well below cost or average values per unit, with the most striking opportunities being underperforming communities and even those losing money on operations. A low price is an absolute benefit throughout the lifecycle of your business plan: it’s permanent, while interest rates are temporal.

Contact Cambridge today to get started on your acquisition lending needs with a team that has the flexibility to get your deal done.  We're here for you with any program questions, so call us today at 312-357-1601 to discuss your transaction. To read the whole article, visit our blog, or learn more about all of our services.