Lancaster Pollard Arranges $9.5 Million in Financing for Sunshine Village in Phoenix, Arizona Originally constructed in 1999 and renovated in 2013, Sunshine Village is an 84-bed, 49-unit cottage-style memory care residence in Phoenix, Arizona. Ownership at Sunshine Village sought to refinance its existing debt while at the same time funding capital improvements and an initial […]
First Niagara Bank
With an abundance of new investors and senior housing providers vying to enter the senior housing market, it might seem as though relationships with lenders and banking institutions are easy to come by. “We’re in a dynamic lending environment,” says Matthew Huber, senior vice president at First Niagara Bank. “More lenders and banks are getting […]
Excellent communication, a good reputation, and solid financials are crucial to senior care operators’ ability to get financial support in the current economic and reimbursement environment, said a panel of financiers during a session on how lenders are responding to Medicare rate cuts at NIC’s 2012 Skilled Nursing Investment Forum. Key Considerations for Developing Operator-Lender […]
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