tag:blogger.com,1999:blog-86074988888582386812024-02-19T23:07:48.753-08:00Hospital Financing FHA 242/223(f) and FHA 242Work with one of the top FHA Healthcare Lending teams, We have spent over twenty five years each, lending on Apartments and Healthcare properites using FHA and FNMA programs - national healthcare loansAnonymoushttp://www.blogger.com/profile/07466583161299514000noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8607498888858238681.post-32602396123297145502017-03-08T22:17:00.002-08:002017-03-08T22:20:08.751-08:00GOP Chumapcare will mean closing of many rural Hospitals moving fund to big MSA's<a href="https://www.washingtonpost.com/powerpost/doctors-hospitals-and-insurers-oppose-republican-health-plan/2017/03/08/d9f0f5c2-0426-11e7-ad5b-d22680e18d10_story.html?utm_term=.2c728665ebd6" target="_blank">restructure the Medicaid program” by shifting it from an entitlement program to one based on a per capita allocation “will have the effect of making significant reductions in a program that provides services for our most vulnerable populations and already pays providers significantly less than the cost of providing care.”</a><br />
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Could lead to loss of billions for federal government insured Hospital loan program run by Ben CarsonAnonymoushttp://www.blogger.com/profile/17960304315237677226noreply@blogger.comtag:blogger.com,1999:blog-8607498888858238681.post-55320909619810628812013-03-20T13:21:00.001-07:002013-03-20T13:21:50.132-07:00FHA 242 LENDER FHA 242/223(f) Hospital Refinance: FHA 242 223F Hospital Refinance Open long term fixed low rate financing<a href="http://fha242lender.blogspot.com/2013/03/fha-242-223f-hospital-refinance-open.html">FHA 242 LENDER FHA 242/223(f) Hospital Refinance: FHA 242 223F Hospital Refinance Open long term fixed low rate financing</a>Anonymoushttp://www.blogger.com/profile/17960304315237677226noreply@blogger.comtag:blogger.com,1999:blog-8607498888858238681.post-85022351401996187862013-03-06T11:24:00.001-08:002013-03-06T11:24:22.245-08:00FINANCING FOR SENIOR HOUSING, NURSING HOMES, ASSISTED LIVING, AND HOSPITALS<br />
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Owners of multifamily, nursing homes, assisted living
facilities, and hospitals have long preferred traditional bank lenders over
FHA-based financing.<span style="mso-spacerun: yes;"> </span>The usual reason is
the difficulty and frustration of dealing with FHA versus the relative ease of
dealing with sophisticated lenders.<span style="mso-spacerun: yes;"> </span>Due
to the changes from the real estate market crash, the wave of bank
consolidations, and the reluctance of the remaining banks to return to lending,
owners should reexamine their traditional views of FHA financing.<span style="mso-spacerun: yes;"> </span></div>
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Traditional financial institutions no longer securitize senior
multifamily and health care loans, thereby eliminating the availability of
conduit financing for these projects.<span style="mso-spacerun: yes;"> </span>We
have not yet seen the end of the foreclosure crisis and if banks incur addition
losses, bank financing for these types of projects will be almost impossible to
obtain.<span style="mso-spacerun: yes;"> </span></div>
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FHA, on the other hand, has improved its process
dramatically.<span style="mso-spacerun: yes;"> </span>FHA-based financing has
always offered several significant advantages over traditional bank and conduit
lending sources if one was willing to deal with the red tape.<span style="mso-spacerun: yes;"> </span>Much of that red tape has now been removed or
streamlined and programs to finance hospitals have been added.<span style="mso-spacerun: yes;"> </span>The most obvious advantage to FHA is
continued credit availability that is unaffected by the subprime fiasco.<span style="mso-spacerun: yes;"> </span>Additional advantages are lower fixed rates,
nonrecourse loans, and long-term fully-amortizing debt.</div>
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FHA loans do not contain the numerous covenants contained in
traditional lending documents and specifically do not contain a debt service
coverage requirement.<span style="mso-spacerun: yes;"> </span>As markets evolve
and Medicaid and Medicare reimbursement methodologies are revised, a manager’s
ability to maintain a stable and predictable debt service coverage is
continually challenged. <span style="mso-spacerun: yes;"> </span>FHA-based
financing will prove especially valuable.</div>
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<span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Our principal business is providing FHA-based
refinancing for multifamily, nursing homes, assisted living facilities, and
hospitals.<span style="mso-spacerun: yes;"> </span>We pride ourselves on our
ability to restructure traditional debt into FHA-based debt and working with
owners to develop a program using both traditional and FHA-based financing.<span style="mso-spacerun: yes;"> </span>Let us help you with your financial
needs.<span style="mso-spacerun: yes;"> </span>Please contact us at your
earliest convenience.</span><br />
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<span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Charles Kendall 773-259-7074</span><br />
<span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"> kendallrealtyadv@gmail.com </span><br />
<span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"><br /></span>
<span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Scott Kendall 847-903-7578</span><br />
<span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">kendallrealty@gmail.com</span>Anonymoushttp://www.blogger.com/profile/07466583161299514000noreply@blogger.comtag:blogger.com,1999:blog-8607498888858238681.post-26936883232346262082012-08-31T17:27:00.001-07:002012-08-31T17:27:25.028-07:00FHA 242 Refinance of Hospitals finally expected to be opened any day OMB<br />
<span style="font-size: x-large;">FHA 242 Hospital refinancing is finally gone to be approved very soon.</span><br />
<span style="font-size: x-large;"><br /></span><span style="font-size: x-large;">Looking for long term 25 year fixed rates under 3.5% to increase the Hospital Cash Flow build reserves call soon. (847) 903-7578 Scott Kendall CEO Kendall Realty Commercial Health Care FHA financing.</span><br />
Anonymoushttp://www.blogger.com/profile/17960304315237677226noreply@blogger.comtag:blogger.com,1999:blog-8607498888858238681.post-25159206505272390872012-04-17T08:56:00.001-07:002012-04-17T08:56:15.233-07:00I'd rather climb up into bed with a rattlesnake than have #MITT #ROMNEY as PRESIDENT #FHA killer #HUD RURAL HOSPITAL NURSING HOME APARTMENT FINANCE AFFORDABLE RENTAL LARGEST SINGLE FAMiLY LENDER<br />
<h1 class="title entry-title" itemprop="name">
<a href="http://beyondoccupy.blogspot.com/2012/04/rich-mitt-to-kill-fha-hud-department-of.html" itemprop="url" rel="bookmark">I'd
rather climb up into bed with a rattlesnake than have #MITT #ROMNEY as
PRESIDENT #FHA killer #HUD RURAL HOSPITAL NURSING HOME APARTMENT
FINANCE AFFORDABLE RENTAL LARGEST SINGLE FAMiLY LENDER</a></h1>Anonymoushttp://www.blogger.com/profile/17960304315237677226noreply@blogger.comtag:blogger.com,1999:blog-8607498888858238681.post-8352165641032092952009-07-06T17:38:00.000-07:002009-07-06T17:39:08.957-07:00FHA 242/FHA 223(f) Hospital RefinancingSUBJECT: Hospital Mortgage Insurance: Section 223(f) Refinancing in Conjunction with<br /><br /> Section 242 Financing <br /><br /> This notice advises that FHA is immediately implementing its authority under section 223(f) of the National Housing Act to provide, in conjunction with financing under Section 242 of the National Housing Act, refinancing of debt for hospitals, without conditioning such refinancing on new construction or renovation as is the current program requirement. <br /><br /> Eligible entities seeking refinancing under Section 223(f) in conjunction with Section 242 financing (Section 242/223(f)) shall follow FHA’s regulations in 24 CFR part 242, except as modified in this notice to accommodate requirements applicable to Section 223(f) refinancing.Anonymoushttp://www.blogger.com/profile/17960304315237677226noreply@blogger.comtag:blogger.com,1999:blog-8607498888858238681.post-60053141752643132752008-12-28T04:43:00.000-08:002009-01-17T12:56:45.668-08:00Hospital Financing with FHAFHA GNMA debt has always had some of the best rates since the United States government insures the loan holders against losses which gives the GNMA insured debt a AAA rating. In the middle of the "Credit Crisis", I consider it the best program available nationally. We can credit enhance tax-exempt bonds, but in our recent deal for a non-profit healthcare provider we where able to achieve a lower rate with a taxable GNMA and we saved the borrower massive negative arbitrage and issuance costs. The FHA department worked hard and fast on this deal and even allowed processing of the loan without final drawings.<br /><br />The FHA 242 Program with mortgage insurance can save the hospital mortgage interest so that the saving can be used for repairs and modernization. The program may be used for existing or start-up hospitals or to finance construction, modernization, equipment, refinancing (limited to 80% of the insured loan amount), remodeling, expansion and acquisition. FHA Section 242 Hospital Mortgage Insurance is for urgently-needed hospitals and to facilitate affordable loans for nonprofit, public-owned, and for-profit borrowers. Give FHA a new look you will not regret it!Anonymoushttp://www.blogger.com/profile/07466583161299514000noreply@blogger.com