Hospital Loan 242/223(f) Hospital Loan

FHA 242 LENDER FHA 242/223(f) Hospital Refinance: FHA 242 223F Hospital Refinance Open long term fixed low rate financing

2013-03-20T13:18:00.001-07:00

FHA 242 LENDER FHA 242/223(f) Hospital Refinance: FHA 242 223F Hospital Refinance Open long term fixed low rate financing

FINANCING FOR SENIOR HOUSING, NURSING HOMES, ASSISTED LIVING, AND HOSPITALS

2013-03-06T11:25:00.000-08:00

Owners of multifamily, nursing homes, assisted living facilities, and hospitals have long preferred traditional bank lenders over FHA-based financing. The usual reason is the difficulty and frustration of dealing with FHA versus the relative ease of dealing with sophisticated lenders. 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.

Traditional financial institutions no longer securitize senior multifamily and health care loans, thereby eliminating the availability of conduit financing for these projects. 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.

FHA, on the other hand, has improved its process dramatically. 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. Much of that red tape has now been removed or streamlined and programs to finance hospitals have been added. The most obvious advantage to FHA is continued credit availability that is unaffected by the subprime fiasco. Additional advantages are lower fixed rates, nonrecourse loans, and long-term fully-amortizing debt.

FHA loans do not contain the numerous covenants contained in traditional lending documents and specifically do not contain a debt service coverage requirement. 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. FHA-based financing will prove especially valuable.

Our principal business is providing FHA-based refinancing for multifamily, nursing homes, assisted living facilities, and hospitals. 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. Let us help you with your financial needs. Please contact us at your earliest convenience.

Charles Kendall 773-259-7074
kendallrealtyadv@gmail.com

Scott Kendall 847-903-7578
kendallrealty@gmail.com

FHA 242 Refinance of Hospitals finally expected to be opened any day OMB

2012-08-31T17:29:00.001-07:00

FHA 242 Hospital refinancing is finally gone to be approved very soon.

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.

FHA Apartment Loan Programs - Fannie Mae Freddie Mac Affordable and Market Rate Multifamily Finance

2012-04-19T07:16:00.001-07:00

FHA Apartment Loan Programs - Fannie Mae Freddie Mac Affordable and Market Rate Multifamily Finance

What Mitt Romney #GOP #FHA CLOSING MEANS TO YOU home loan health care nursing home

Mitt Romney at private fundraiser: I might eliminate HUD

If GOP hopeful The least popular nominee in eternity Mitt Romney has his way HUD will be killed and presumably so will the FHA programs. It means higher loan rates, no nursing care less rural hospitals and assisted living no aid to poor elderly mostly women for rent

Home Single Family - lowest rate lender

HOME LOAN RATES GO UP 1%

Multifamily Loans only national construction lender rural apartment lender

Hospital - Urban and Rural Hospital loans

fewer new hospitals more rural deaths

Health Care Assisted Living Nursing Home biggest lender in Country

more expensive private nursing home only option sick parents move home

It’s election season and the candidate – hoping to appeal to conservatives – wants to stick a knife in HUD/FHA because, well, it’s a cabinet level agency and cutting big government is a red meat move. But first, Romney has to get elected. And if he does, then he has to get such a move through a Congress that presumably will be controlled by the GOP. So, if you think the housing market is tough now, just wait until the FHA program disappears. Of course, I’m sure the private sector is ready, willing and able to fill the void.

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

2012-04-17T08:59:00.001-07:00

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

Cook County Health seeks early expansion of Medicaid

2012-01-05T06:13:00.001-08:00

Cook County Health seeks early expansion of Medicaid

The Cook County Health and Hospitals System is seeking approval to add thousands of uninsured patients to the Medicaid rolls nearly two years early, a move that could generate millions of dollars in new revenue for the cash-strapped network.

Approval would mean that the public health system would be reimbursed for some of the roughly $550 million of annual free care it now provides. Cook County health system executives decline to say how much revenue they expect to gain. The system treats about 100,000 uninsured patients a year, though that includes people who are ineligible for Medicaid.

The additional revenue could reduce the annual subsidy — $252 million for 2012 — that county taxpayers pay to keep the health system afloat.

Pushing the application through is at the top of the health system’s “life or death” list for financial survival, said Warren Batts, chairman of the independent hospital board that oversees the health system.

The federal health care overhaul calls for a massive enlargement of the Medicaid program in 2014. The expansion is expected to create competition among health care facilities for Medicaid patients, potentially threatening the Cook County health system’s already weakened finances.

The county health system wants the new Medicaid eligibility rules to be applied to its patients later this year instead of waiting until 2014, when federal health care reform begins. Such a move would give the public hospital system a competitive head start on serving the new Medicaid patients.

“When 2014 comes, almost all the people that we would treat would have Medicaid available to them, and unless we perform with a very good patient focus, we’ll end up with a fairly sizable operation with even greater need for a subsidy because we won’t have offsetting revenues coming from regular Medicaid patients,” Mr. Batts said.

The Obama administration already has approved an early start to the new Medicaid rules in four states, according to Menlo Park, Calif.-based Kaiser Family Foundation, which specializes in health care policy.

LOW RATE FHA 242

2009-01-17T12:12:00.001-08:00

Our team can help you with your hospital loan. Over $1,000,000,000 in FHA and FNMA financing since 1985. www.fha232leanlender.com