Senior Housing HUD Lending Volume Rises 20%

The U.S. Department of Housing and Urban Development’s (HUD) Lean financing program for senior housing is back in a strong way. The program, which insures senior housing mortgages and other types of lending, closed a loan volume of $3.4 billion during the fiscal year that ended Sept. 30, 2017, according to HUD data cited by Columbus, Ohio-based Lancaster Pollard. That’s a roughly 20% […]

Senior Housing HUD Lending On the Rise

The U.S. Department of Housing and Urban Development’s (HUD) Lean mortgage insurance program for senior housing may have finally hit a turning point after experiencing a few years of declining loan volumes. During the fiscal year ended Sept. 30, 2016, senior housing loan volume from the federal agency actually rose for the first time in […]

MidCap Financial Ups Senior Housing Game by Acquiring HUD Lender

MidCap Financial, a speciality finance firm that has provided debt solutions to a broad array of senior housing companies, has added an FHA lending platform for the first time by acquiring Pineview Capital Group. The transaction comes at a time when FHA transactions are expected to be on the upswing. Bethesda, Maryland-based MidCap Financial is focused […]

Walker & Dunlop Raises HUD Profile with $3.8 Billion Servicing Portfolio

Walker & Dunlop, a major financing firm for the senior housing industry, has a new distinction: the largest servicer for HUD multifamily and health care loans in the country. That’s following the purchase of servicing rights associated with a $3.8 billion portfolio from Oppenheimer Multifamily Housing & Healthcare Financing Inc. The transaction involves a purchase […]

Top 3 Updates to HUD’s Senior Housing Lending Platform

Senior housing companies may soon have a number of new financing options through the popular Section 232 program, thanks to a proposal recently released by the Department of Housing and Urban Development (HUD).  In the days since HUD first released its new draft Handbook containing the proposed changes, capital providers have been taking a closer […]

Top 5 Senior Housing HUD Lenders

Financing for senior housing from the U.S Department of Housing and Urban Development (HUD) continues to dip dramatically, according to recently released numbers. HUD’s Lean mortgage insurance program, which finances seniors housing properties, closed $2.7 billion of loan volume during the fiscal year ending Sept. 30, 2015. This is down 35.7% from the previous year’s total of $4.2 […]