BasisPoints

The metrics involved in assessing risk factors in senior care facilities can be intimidating for some. In this episode, we discuss some of the risks involved in not monitoring a facility's ratings and metrics, as well as some steps to take in order to optimize a facility's efficiency and care metrics.

We discuss private capital and other alternative capital sources that are increasingly playing a significant role in seniors housing finance, creating ample opportunities for providers and investors alike.

We explore the USDA Business and Industry program and the USDA Community Facilities program; two excellent financing options for seniors housing and care providers in rural areas of 50,000 residents or less.

We discuss the Fannie Mae Seniors Housing Program which is available for the acquisition or refinance of eligible senior living properties.

A discussion of funding options available for seniors housing and care providers. Options covered include FHA, Fannie Mae, USDA and private placements.

Senior Vice President Bill Wilson describes the benefits of HUD mortgage insurance, specifically the FHA Sec. 232 program, for seniors housing providers.

This podcast explores the USDA Business & Industry program. The USDA B&I program provides a loan guarantee for financing of qualified projects, including seniors housing facilities and hospitals, in towns with a population of less than 50,000. The program is designed to help finance and develop business and industry in rural communities by providing a government guaranteed loan.

Lancaster Pollard Vice President Matt Lindsay sheds light on the benefits of the FHA Sec. 242 program. The 242 program provides a mortgage insurance commitment that FHA-approved lenders utilize as a credit enhancement to issue debt securities on behalf of hospital borrowers.

This podcast explains what a letter of credit is, from both the borrower and the bondholders’ perspective, explains the difference between a traditional letter of credit and a Federal Home Loan Bank letter of credits, and explains why market circumstances make the Federal Home Loan Bank letter of credit structure a viable option. We also provide an example of the type of borrower who would be a good candidate for this structure and explain why.

Borrowers who multi-track financing options can switch tracks faster, lose less time and spend less money than those who must start over if the initial option fails to pan out or if another more affordable option becomes available.

The expiration of temporary financing measures leaves hospitals with yet another shift in the landscape that requires re-examination of available avenues. What works in 2011?