Generated by All in One SEO v5.0.0.1, this is an llms.txt file, used by LLMs to index the site. # Cambridge Realty Capital Cambridge Realty Capital ## Sitemaps - [XML Sitemap](https://www.cambridgecap.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Cambridge Says Skilled Nursing Facility Owners Need to Identify Risks](https://www.cambridgecap.com/blog/cambridge-skilled-nursing-facility-owners-need-identify-risks/) - Because it’s not getting any easier, owners and operators of skilled nursing facilities need to thoughtfully identify as many risks to the business as they can, Cambridge Realty Capital Senior Vice President Brent Holman-Gomez advises. “There are known risks that can easily be identified and others that cannot. Owner/operators must necessarily take whatever measures are - [Transparency With Lender Regarding Staffing Crucial To Growth](https://www.cambridgecap.com/blog/transparency-with-lender-regarding-staffing-crucial-to-growth/) - Recruiting, hiring, and maintaining qualified staff has been an ongoing issue within the senior living/skilled healthcare industry for several years. Though problematic before the COVID-19 pandemic, the events that unfolded in 2020 served only to elevate the problem to crisis level. Many senior living/skilled care facility operators have reported that staffing is one of their - [Cambridge arranged $21,522,000 bridge-to-HUD first mortgage for Kentucky Skilled Nursing Facility](https://www.cambridgecap.com/blog/cambridge-arranged-21522000-bridge-to-hud-first-mortgage-for-kentucky-skilled-nursing-facility/) - Cambridge Realty Capital has arranged a $21,522,000 bridge-to-HUD first mortgage loan for a 108-bed Skilled Nursing Facility. The facility is located in Kentucky. Cambridge arranged the financing on behalf of the borrower with a large regional commercial bank. Zach Scardina, Cambridge's Vice-President of Originations, said that the bridge-to-HUD loan provided the borrower with high leverage - [Knowledgeable Lender And Responsive Borrower Are Keys To Successful Loan Applications, Cambridge Executive Says](https://www.cambridgecap.com/blog/knowledgeable-lender-and-responsive-borrower-are-keys-to-successful-loan-applications-cambridge-executive-says/) - Because it’s a complex process, senior housing/healthcare borrowers generally understand that working with a knowledgeable, experienced lender can be the difference-maker when applying for popular FHA-approved HUD 232 Lean financing. “This especially applies to borrowers who want assurances and hope to get through the process with a minimum amount of angst or confusion,” says Cambridge - [Cambridge Provides A $6,145,000 HUD Loan To Refinance Avalon Memory Care Keller Located In Keller, TX](https://www.cambridgecap.com/blog/cambridge-provides-a-6145000-hud-loan-to-refinance-avalon-memory-care-keller-located-in-keller-tx/) - Cambridge Realty Capital reports providing $6,145,000 to refinance Avalon Memory Care Keller, located in Keller, Texas. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully amortized, 35-year loan was provided for the owner, a Texas limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding program, which is used to refinance - [Outlook For Senior Housing Remains Enthusiastic On The Heels Of Spring 2026 NIC Conference](https://www.cambridgecap.com/blog/outlook-for-senior-housing-remains-enthusiastic-on-the-heels-of-spring-2026-nic-conference/) - The general mood among attendees at the recent spring NIC conference was one of optimism for the remainder of 2026 and heading into 2027, said Zach Scardina, Cambridge Realty Capital Vice President. Scardina attended the 3-day conference in Nashville along with Cambridge Senior Vice President Brent Holman-Gomez, and both noted record attendance overall over previous - [Cambridge Realty Capital Funds $49.67M in First Mortgage Financing for Five Affordable Senior Apartment Communities](https://www.cambridgecap.com/blog/cambridge-realty-capital-funds-49-67m-in-first-mortgage-financing-for-five-affordable-senior-apartment-communities/) - Cambridge Realty Capital has funded $49,671,000 in first mortgage financing for Five Affordable Rental Apartment buildings for the elderly. The five properties are located in Pennsylvania and Arizona. Federal mortgage insurance was also arranged by Cambridge through HUD's Section 223(f) program. The Arizona property consists of 150 units and is located in Tucson. The HUD - [Shopping For A HUD Lender The Two Most Important Questions To Ask](https://www.cambridgecap.com/blog/shopping-for-a-hud-lender-the-two-most-important-questions-to-ask/) - You might think "a HUD loan is a HUD loan? what difference does it make which institution I get it through? Won't any old bank do?" Obtaining an FHA 232 HUD loan is like applying for a home mortgage, says Cambridge Realty Capital executive Zachary Scardina, except it's a hundred times more complicated. Yet you - [Cambridge Realty Capital to Attend 2026 NIC Spring Conference](https://www.cambridgecap.com/blog/cambridge-realty-capital-to-attend-2026-nic-spring-conference/) - The “who’s who” of professionals funding senior housing and care mortgage transactions will fill the halls at the 2026 NIC Spring Conference, taking place March 30 – April 1 in Nashville, Tennessee, and Cambridge Realty Capital is pleased to be among them. Senior Vice President Brent Holman-Gomez and Vice President Zach Scardina will be in - [Cambridge Realty Capital Provides $6,500,000 New Construction Loan For The Pointe At Pontiac](https://www.cambridgecap.com/blog/cambridge-realty-capital-provides-6500000-new-construction-loan-for-the-pointe-at-pontiac/) - Cambridge has provided a $6,500,000 construction loan to finance the new construction of a 20-bed Memory Care Addition to The Pointe at Pontiac, an existing 60-bed Supportive Living Facility located in Pontiac, Illinois. Supportive Living is the Illinois version of Medicaid Waiver Assisted Living, whereby the State of Illinois provides Medicaid Funding to seniors 65 - [Record Three Days To Commitment For Recent Cambridge HUD Loan](https://www.cambridgecap.com/blog/record-three-days-to-commitment-for-recent-cambridge-hud-loan/) - Getting a commitment is one of the largest hurdles to clear on the track to obtaining a HUD loan, and can take months. So it's noteworthy when Cambridge Realty Capital can achieve a commitment in mere weeks. When it happens in three days from application, it's a cause for celebration. According to Cambridge Senior Vice - [Cambridge Realty Capital to Attend 2026 eCap Healthcare Summit — A Premier Networking Event for Skilled Nursing & Healthcare Leaders](https://www.cambridgecap.com/blog/cambridge-realty-capital-to-attend-2026-ecap-healthcare-summit-a-premier-networking-event-for-skilled-nursing-healthcare-leaders/) - When it comes to building meaningful connections in the skilled nursing and broader healthcare real estate space, few events compare to the 2026 eCap Healthcare Summit. Known as one of the premier networking and business development events for healthcare operators, owners, lenders, brokers, and investors, eCap brings together the industry’s top decision-makers to exchange ideas, - [Jump To The Head Of The HUD Queue](https://www.cambridgecap.com/blog/jump-to-the-head-of-the-hud-queue/) - HUD refinance and acquisition loans for assisted living and nursing homes now have an option to get a commitment sooner. A recent announcement by the Federal Housing Administration regarding its new “Express Lane” option for residential care 232 HUD loan applications is welcome news for both borrowers and lenders, says Cambridge Realty Capital Vice President - [Forty Years of Progress for Senior Housing/Healthcare Industry](https://www.cambridgecap.com/blog/forty-years-of-progress-for-senior-housing-healthcare-industry/) - It’s hard to imagine what the senior housing/healthcare industry will look like 40 years from now, but if the past four decades are indicative, some dynamic changes are no doubt on the way. When Cambridge Realty Capital opened for business in Chicago 40 years ago, the industry was mostly comprised of small mom-and-pop operations. There - [Cambridge Realty Capital Provides $4.3 Million hud loan For Property In West Virginia Using “Express Lane” Processing](https://www.cambridgecap.com/blog/cambridge-realty-capital-provides-4-3-million-hud-loan-for-property-in-west-virginia-using-express-lane-processing/) - Zachary Scardina, Cambridge Vice President, reported that Cambridge Realty Capital provided $4,305,100 in HUD-insured Section 223(f) financing for the refinance of Elizabeth Care Center, a 36-bed Skilled Care facility in Elizabeth, West Virginia. Cambridge utilized HUD’s new Express Lane processing, which enabled the loan application to receive its Firm Commitment just 18 days after being - [Cambridge Realty Capital Sponsors eCapWest: The Ultimate Networking Event for Skilled Nursing Leaders](https://www.cambridgecap.com/blog/cambridge-realty-capital-sponsors-ecapwest-the-ultimate-networking-event-for-skilled-nursing-leaders/) - When it comes to building meaningful connections in the Skilled Nursing Facility (SNF) space, few events compare to eCapWest. Known as the premier networking event for SNF leaders, eCapWest is where decision-makers — bankers, lenders, brokers, owners, and operators — gather to exchange ideas, collaborate on opportunities, and strengthen relationships in an environment built for - [Affordability The Biggest Issue Facing Baby Boomers Trying To Access Senior Housing In The 2020s](https://www.cambridgecap.com/blog/affordability-the-biggest-issue-facing-baby-boomers-trying-to-access-senior-housing-in-the-2020s/) - Cambridge Realty Capital President Andrew L. Erkes identified "affordability" as the most significant challenge facing Baby Boomers as they look to access senior living and healthcare in the 2020s and beyond. While senior housing has evolved significantly in recent times, with new types and models of care available compared to 20 and 30 years ago, - [Thinking Beyond Mortgage Maturity](https://www.cambridgecap.com/blog/thinking-beyond-mortgage-maturity/) - Is the maturity date of your current loan approaching? Waiting to act can be costly, warns Cambridge Realty Capital Vice President Zach Scardina. "Many conventional lenders are choosing not to offer extensions, putting borrowers in a crunch to find alternatives in a timely manner." Often, borrowers simply take for granted that their current lender will - [Cambridge Realty Capital to Attend and Sponsor NIC Fall Conference in Austin](https://www.cambridgecap.com/blog/cambridge-realty-capital-to-attend-and-sponsor-nic-fall-conference-in-austin/) - Cambridge Realty Capital will attend and sponsor the upcoming NIC Fall Conference, taking place from September 8 to 10 in Austin, TX. Representing Cambridge will be VP Zach Scardina, SVP Brent Holman-Gomez, and Senior Underwriter Andrew Cush. A longtime supporter since NIC’s inaugural event in 1992, Cambridge values the conference as a premier networking and - [Cambridge Realty Capital Provides $19,315,500 In HUD Loans For Two Properties In Texas And Missouri](https://www.cambridgecap.com/blog/cambridge-realty-capital-provides-19315500-in-hud-loans-for-two-properties-in-texas-and-missouri/) - Brent Holman-Gomez, Cambridge’s Senior Vice President, reported that Cambridge Realty Capital provided $19,315,500 in HUD-insured Section 223(f) financing for two senior housing properties located in Texas and Missouri. The Texas financing was provided for the purchase of Ashwood Court, a 120-bed assisted living facility located in North Richland Hills. The Missouri financing was provided for - [HUD Lowers Barriers To Multifamily Apartment Mortgages](https://www.cambridgecap.com/blog/hud-lowers-barriers-to-multifamily-apartment-mortgages/) - A recent announcement to lower Mortgage Insurance Premiums (MIP) by the US Department of Housing and Urban Development (HUD) has both lenders and borrowers enthusiastic about the future of multifamily housing. “Ultimately, this directive will make obtaining housing more realistic for those who need it most,” stated Zachary Scardina, Cambridge Realty Capital Vice President of - [Eight Reasons Why Outlook For Senior Housing Will Continue To Improve](https://www.cambridgecap.com/blog/eight-reasons-why-outlook-for-senior-housing-will-continue-to-improve/) - Cambridge Realty Capital President Andrew L. Erkes has come up with 8 trending reasons why he believes the senior housing/healthcare sector will continue to be more attractive to investors over the next 10 years: Demographics. The Baby Boom generation will continue to create demand for senior housing. By 2030, all Baby Boomers will be 65 - [Opportunistic Acquisitions In Abundance](https://www.cambridgecap.com/blog/opportunistic-acquisitions-in-abundance/) - "If you have considered expanding your portfolio of long-term care properties, there is no better time to do so than now," said Cambridge Realty Capital Senior Vice President Brent Holman-Gomez. "Opportunistic buys of long-term care properties have become much more abundant." The reason for this excess is due, at least in part, to a combination - [Cambridge’s Highly Focused And Personalized Approach Means Clients Are Never Lost In The Shuffle, Company Executive Says](https://www.cambridgecap.com/blog/cambridges-highly-focused-and-personalized-approach-means-clients-are-never-lost-in-the-shuffle/) - Cambridge Realty Capital has been in the business of providing FHA-approved HUD loans to senior housing/healthcare borrowers for so long that officials at HUD have been known to ask the company for advice on product and policy issues. Cambridge Vice President Zach Scardina says that Andy Erkes is President of Cambridge Realty Capital Ltd. - [Loan Requests Move Swiftly Through the Process When Cambridge is Keeping Score](https://www.cambridgecap.com/blog/loan-requests-move-swiftly-through-the-process-when-cambridge-is-keeping-score/) - When applying for a mortgage loan, what most senior housing/healthcare borrowers want is a speedy yea or nay. If their lender is Cambridge Realty Capital, they’ll not be disappointed on this score, says Senior Vice President Brent Holman-Gomez. “Cambridge goes to extraordinary lengths to assure that borrowers applying for a loan aren’t left in limbo. - [Cambridge Realty Capital Proud to Sponsor 2025 AALC Conference; Brent Holman-Gomez to Attend](https://www.cambridgecap.com/blog/cambridge-realty-capital-proud-to-sponsor-2025-aalc-conference-brent-holman-gomez-to-attend/) - Cambridge Realty Capital is proud to announce its continued support as a sponsor of the 2025 Affordable Assisted Living Coalition (AALC) Conference, taking place May 14–15 in Springfield, Illinois. This highly anticipated event brings together professionals, policymakers, and innovators from across the supportive living and long-term care sectors to share knowledge, inspire progress, and shape - [Cambridge Realty Capital Returns to 2025 Ohio Health Care Association Convention & Expo](https://www.cambridgecap.com/blog/cambridge-realty-capital-returns-to-2025-ohio-health-care-association-convention-expo/) - Cambridge Realty Capital is once again gearing up to attend the annual Ohio Health Care Association (OHCA) Convention and Expo, taking place May 5–8, 2025, in Columbus, Ohio. “We’re always excited to connect with new and familiar faces in the healthcare community,” said Zach Scardina, Vice President at Cambridge Realty Capital. “This event is a - [Cambridge Realty Capital Provides $43,360,100 In HUD Loans For Four Properties In Illinois, Washington, And Iowa](https://www.cambridgecap.com/blog/cambridge-realty-capital-provides-43360100-in-hud-loans-for-four-properties-in-illinois-washington-and-iowa/) - Tony Marino, Cambridge's Managing Director, reported that Cambridge Realty Capital has provided $43,360,100 in HUD-insured Section 223(f) financing for four senior housing properties located in Illinois, Washington, and Iowa. The Illinois transactions consisted of two Affordable rental apartment properties for the elderly totaling 196 units and located in Chicago, Illinois. The State of Washington transaction - [Leading National Senior Housing/Healthcare Lender Offers Tips For Success In A Tight Credit Market](https://www.cambridgecap.com/blog/leading-national-senior-housinghealthcare-lender-offers-tips-success-tight-credit-market/) - Owners and operators of healthcare facilities need to recognize and avoid failed funding strategies that effectively place the cart before the horse in a tight credit market, one expert advises. Andrew L. Erkes, President of Chicago-based Cambridge Realty Capital Companies, observes that financing for healthcare providers will continue to be limited over the next 12-24 - [Cambridge Gets Creative in Times of Uncertainty](https://www.cambridgecap.com/blog/cambridge-gets-creative-in-times-of-uncertainty/) - The current precarious economic climate has rendered some significant changes in the capital markets over the last year. As a result, says Zach Scardina, Cambridge Realty Capital Originator and Vice President, "We are seeing many owners that are out of compliance with their lenders and now face a time crunch to secure new financing in - [Senior Housing Capital Markets: 2024 Observations and Insights](https://www.cambridgecap.com/blog/senior-housing-capital-markets-2024-observations-and-insights/) - Cambridge Realty Capital announces key observations from the 2024 senior housing capital markets, marking a year of operational and financial strides tempered by ongoing challenges. Despite progress in occupancy and labor stability, much of the assisted living and memory care sector continues to grapple with compressed margins and elevated financing costs. Operational Improvements Amid Persistent - [Proactivity Key to Timely Refinancing](https://www.cambridgecap.com/blog/proactivity-key-to-timely-refinancing/) - Cambridge Realty Capital Vice President Zach Scardina has some advice for senior living owners/operators who are watching the market for the opportune time to refinance: be proactive. “Borrowers who wait until interest rates drop to initiate the refinance process might find that the window of opportunity has already closed. Decisive action should be taking place - [Cambridge Strengthens Senior Housing Bonds at 2024 Fall NIC Conference: Expanding Connections, Insights, and Impact](https://www.cambridgecap.com/blog/cambridge-strengthens-senior-housing-bonds-at-2024-fall-nic-conference-expanding-connections-insights-and-impact/) - Cambridge Realty Capital is once again sending a contingent to the annual fall NIC Conference taking place in Washington, DC this month. This conference is one of two annual events hosted by the National Investment Council for Senior Housing and Care and has become a forum for senior living and health care stakeholders to network, - [Deals Persist Despite High Interest Rates](https://www.cambridgecap.com/blog/deals-persist-despite-high-interest-rates/) - High interest rates have not been all bad news for investors in senior housing, stated Cambridge Realty Capital’s Senior Vice President, Brent Holman-Gomez. “While interest rates are declining, they are still higher than recent memory, causing deal makers to forge new paths. Further, many banks are not taking on new borrowers, so access to credit is - [Dealing Directly With Decision-Maker Means Cambridge Wait Time Is Shorter, Clients Say](https://www.cambridgecap.com/blog/dealing-directly-with-decision-maker-means-cambridge-wait-time-is-shorter-clients-say/) - One of the more frustrating aspects of borrowing money, particularly HUD funds, rests with the queue. New borrowers must start at the end of the queue and work their way through a sometimes confusing and complex maze. It increases wait times and makes it difficult to get timely answers to questions, and even more burdensome - [Planning For The Future Easier With A HUD Loan](https://www.cambridgecap.com/blog/planning-for-the-future-easier-with-a-hud-loan/) - In a future that is rife with uncertainty, it's nice to find something you can count on to remain unchanged for a while. "With a HUD loan, you're getting not only a highly-competitive interest rate, but you also get the confidence that comes with knowing that rate will not change over the course of the - [Cambridge provides a $15,520,000 HUD Lean loan to refinance The Pointe At Eastgate located in Algonquin, IL](https://www.cambridgecap.com/blog/cambridge-provides-a-15520000-hud-lean-loan-to-refinance-the-pointe-at-eastgate-located-in-algonquin-il/) - Cambridge Realty Capital Companies reports providing a $15,520,000 HUD Lean loan to refinance The Pointe at Eastgate located in Algonquin, Illinois. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully-amortized, 35-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding program, which - [Cambridge To Attend Upcoming Ohio Health Care Convention](https://www.cambridgecap.com/blog/cambridge-to-attend-upcoming-ohio-health-care-convention/) - Once again Cambridge is sending a contingent to attend the annual Ohio Health Care Association Convention and Expo, taking place May 13-16 in Columbus. "We are looking forward to connecting and reconnecting with fellow healthcare professionals," said Zach Scardina, Cambridge Realty Capital Vice President. Billed as Ohio's largest gathering of post-acute and long-term care professionals, - [Cambridge Arranges A $5,950,000 Conventional Loan To Acquire Twilight Haven, Located In Fresno, CA](https://www.cambridgecap.com/blog/cambridge-arranges-a-5950000-conventional-loan-to-acquire-twilight-haven/) - Cambridge Realty Capital Companies reports arranging a $5,950,000 conventional loan to acquire Twilight Haven Senior Living, located in Fresno, California. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully-amortized, 25-year loan was arranged for the buyer, a California limited liability company. Underwriting the transaction was a Utah-based industrial bank. Twilight Haven comprises 60 independent - [Cambridge Realty Capital Provides $52,209,400 In HUD Loans For Three Properties In Kentucky And Illinois](https://www.cambridgecap.com/blog/cambridge-provides-52-2m-in-hud-loans-for-three-properties-in-ky-and-il/) - Tony Marino, Cambridge’s Managing Director, reported that Cambridge has provided $52,209,400 in HUD-insured Section 223(f) financing for three Affordable Multifamily properties located in Kentucky and Illinois. The Kentucky transaction consisted of two senior housing facilities totaling 214 rental units located in Florence, Kentucky; and a 320-unit affordable rental community located in Chicago Heights, Illinois. Cambridges’ - [Lock Your Rate: Take Advantage Of Today’s Market Dynamics](https://www.cambridgecap.com/blog/lock-your-rate-take-advantage-of-todays-market-dynamics/) - The current market dynamics are such that have not been seen in recent history. Cambridge Realty Capital Managing Director and Head of Capital Markets Tony Marino commented, "In my 25 years’ experience with government-insured debt markets, the last year has shown much more volatility. We are now seeing 20 bps swings in a day, which - [Engineering Cashflow to Obtain Financing](https://www.cambridgecap.com/blog/engineering-cashflow-to-obtain-financing/) - Current interest rates and operating costs are affecting every business, with senior housing and skilled care being no exception. These factors can make property ownership cost-prohibitive and opportunistic growth difficult. However, there is still a viable avenue for those who want to grow in the senior housing/skilled care market when existing cash flow isn’t sufficient - [Cambridge Realty Capital Provides A $2,140,900 Loan To Refinance Wells Point Lodge Located In Pflugerville, Texas](https://www.cambridgecap.com/blog/cambridge-closes-2-1m-refi-loan-wells-point-lodge-in-pflugerville-tx/) - Cambridge Realty Capital reports providing a $2,140,900 first mortgage loan to refinance Wells Point Lodge located in Pflugerville, Texas. Anthony Marino, Cambridge Managing Director, reported that the fully-amortized, 35-year loan was provided for the owner, a Texas limited liability company, using the HUD Section 232/223(f) mortgage insurance program. Cambridge’s Early rate lock program was utilized, - [Cambridge Realty Capital Provides A $29,200,000 Loan To Refinance Aravilla Sarasota Located In Sarasota, FL](https://www.cambridgecap.com/blog/cambridge-realty-capital-provides-a-29200000-loan-to-refinance-aravilla-sarasota-located-in-sarasota-fl/) - Cambridge Realty Capital reports providing a $29,200,000 first mortgage loan to refinance Aravilla Sarasota located in Sarasota, Florida. Tony Marino, Cambridge’s Managing Director, reported that the fully amortized 35-year loan was provided for the owner, a Florida limited liability company, using the HUD Section 232/223(f) mortgage insurance program. Cambridges’ Early rate lock program was utilized, - [Cambridge Realty Capital Provides A $15,355,000 Loan To Refinance Casa De Flores & Bayside Care Center](https://www.cambridgecap.com/blog/cambridge-realty-capital-provides-a-15355000-loan-to-refinance-casa-de-flores-bayside-care-center/) - Cambridge Realty Capital reports providing a $15,355,000 first mortgage loan to refinance Casa de Flores and Bayside Care Center located in Morro Bay, California. Hymie Barber, Cambridge’s National Originations Manager, reported that the fully-amortized, 34-year loan was provided for the owner, a California limited liability company, using the HUD Section 232/223(f) mortgage insurance program. Cambridge’s - [Cambridge Has Options for you](https://www.cambridgecap.com/blog/cambridge-does-more-than-hud-2023/) - Since its founding in the early 1980s, Cambridge Realty Capital has built a national reputation as a premier HUD lender. Cambridge is so well-known for its expertise in HUD lending that some people don’t realize that Cambridge also arranges conventional loans, notes Cambridge Vice President Zachary Scardina. “We take a ‘solutions-oriented’ approach to all of - [HUD First Mortgage Loans Will Fill The Funding Void For Skilled Nursing Facilities Fixed-Rate Financing In The Future](https://www.cambridgecap.com/blog/hud-first-mortgage-loans-will-fill-the-funding-void-for-skilled-nursing-facilities-fixed-rate-financing-in-the-future/) - In a market where conventional loans are becoming increasingly difficult to obtain by skilled nursing facility owners, the HUD loan remains an accessible product for such properties, declares Andrew L. Erkes, Cambridge Realty Capital Companies’ President. “The financial landscape is changing for skilled nursing facilities. We expect to see the demand for HUD loans growing - [We Want More Than a First Date...We Want a Relationship With YOU!](https://www.cambridgecap.com/blog/we-want-more-than-a-first-date-we-want-a-relationship-with-you/) - Mortgage brokers or bankers might reasonably convince themselves there’s no time like the present to establish and build a mutually beneficial relationship with a senior housing/healthcare lending specialist who knows the ropes. “The industry’s highly favorable demographics and long-term outlook are encouraging many to take a second look at opportunities presented,” says Cambridge Realty Capital - [How Seniors are Adapting to World of Technology](https://www.cambridgecap.com/blog/seniors-adapting-world-technology/) - This may not come as a complete surprise to senior housing/healthcare operators, but a study from the Pew Research Center confirms that seniors have historically been late adopters of the world of technology when compared with their younger compatriots. “Less apparent is how the senior community’s movement into digital life continues to deepen. The Pew - [Technology Improving Quality Of Life, Efficiency And Resident Satisfaction In Senior Housing/Healthcare Facilities](https://www.cambridgecap.com/blog/technology-improving-quality-life-efficiency-resident-satisfaction-senior-housinghealthcare-facilities/) - Technology advances in the healthcare industry are improving quality of life and efficiency, but technology tailored for skilled nursing homes and other senior housing facilities appears to be lagging behind, Cambridge Realty Capital Companies reports. “Facility owners and operators that can identify and implement useful technologies now may be able to set themselves apart from - [Getting Inside Lender's Head Improves Chances For A Successful Loan Application, Cambridge Suggests](https://www.cambridgecap.com/blog/getting-inside-lenders-head-improves-chances-for-a-successful-loan-application-cambridge-chairman-suggests/) - Most likely, senior housing/healthcare borrowers will never be satisfied with the lender they wind up with if the methods used to find them amount to little more than a crapshoot. "When applying for a loan, senior housing/healthcare borrowers need to consider what they hope to achieve carefully. And they should also keep in mind that - [To The Rescue – Medicaid Rate Increases Help Operators](https://www.cambridgecap.com/blog/to-the-rescue-medicaid-rate-increases-help-operators/) - Skilled care facility operators across the country are poised for some financial relief in the very near future. Many states have provided significant aid to skilled care facility operators via increased Medicaid rates. This includes operators of Medicaid waiver assisted living facilities, which have also seen rate increases in certain instances. "These Medicaid rate increases - [Baby Boomer Housing Crisis "Bigger Than Just The Senior Living Industry"](https://www.cambridgecap.com/blog/baby-boomer-housing-crisis-bigger-than-just-the-senior-living-industry/) - Baby boomers are facing a housing crisis, perhaps the most severe to hit this demographic in recent history. However, its impact will be felt not just by boomers, but by the entire country, predicts Andrew L. Erkes, Cambridge Realty Capital President. With the baby boom generation beginning to enter retirement years, economists and other experts - [Don’t Wait To Refinance! Cambridge Can Help Find Options](https://www.cambridgecap.com/blog/dont-wait-to-refinance-cambridge-can-help-find-options/) - "Time is of the essence," according to Cambridge Vice President Zachary Scardina. When it comes to refinancing, "that time is now. Waiting could cost you the ability to refinance." While rising interest rates have some borrowers feeling skittish, Scardina pointed out that the reluctance of banks and other conventional lenders to provide financing to senior - [Senior Housing/Healthcare Borrowers Must Be Ready With Needed Information](https://www.cambridgecap.com/blog/senior-housinghealthcare-borrowers-must-ready-needed-information/) - It happens in the best of times. A highly motivated senior housing/healthcare lender is anxious to get something done but finds they must give the borrower news they’d rather not hear. “Finding capital for senior care projects is a lot less problematic today than it was a few years ago. But a program the borrower - [Cambridge Has The Lending Power Of Many Institutions Under One Roof](https://www.cambridgecap.com/blog/cambridge-has-the-lending-power-of-many-institutions-under-one-roof/) - Why choose a small boutique firm like Cambridge when there are so many big banks out there with so much cash at their disposal? It's a question that Cambridge Realty Capital staff hears regularly. Cambridge President Andrew L. Erkes addresses it: "Why would you go to a single bank for a loan when you could - [Bells And Whistles Are Attractive, But Only Experience Delivers When It Comes To SNF Lending And Investing](https://www.cambridgecap.com/blog/bells-and-whistles-are-attractive-but-only-experience-delivers-when-it-comes-to-snf-lending-and-investing/) - Like any business, SNF funding is competitive. Lenders go to great lengths to stand out in a crowded marketplace. However, Cambridge Realty Capital President Andrew L. Erkes urges SNF borrowers to look past the "bells and whistles" and discern what is behind the perceived success of a lender. "Bells and whistles are attractive, initially," he - [Acquisition Loans in High Demand](https://www.cambridgecap.com/blog/acquisition-loans-in-high-demand/) - Acquisition loan requests from operating tenants have been on the rise in recent months, and Cambridge Senior Vice President Brent Holman-Gomez sees the trend continuing in the weeks and months to come. "Circumstances are favorable for senior housing and skilled nursing owners who wish to sell their properties to the operators," Holman-Gomez asserted, "and Cambridge - [Complete And Accurate Data Provision Crucial To Expediting The HUD Loan Process](https://www.cambridgecap.com/blog/complete-and-accurate-data-provision-crucial-to-expediting-the-hud-loan-process/) - Obtaining a HUD loan is a meticulous process, but the introduction of the HUD Lean application in 2009 has considerably streamlined this process. However, according to Cambridge Realty Capital President Andrew L. Erkes, there are some things that borrowers can do on their end that can speed up the process and, ultimately, get them their - [Why So Many Borrowers Keep Coming Back To Cambridge: Our Great Listening Skills And Over-Communication.](https://www.cambridgecap.com/blog/cambridge-its-great-listening-skills-and-over-communication/) - The relationship between lender and owner/operator is a complex one. Both have similar goals but different interests. "Each owner has a unique personality and agenda," Cambridge Realty Capital President Andrew L. Erkes acknowledged. "It is important to understand their motives in order to develop an accurate picture of their individual needs." Furthermore, asserted Erkes, if - [Skilled Nursing Facilities Still Obtaining HUD Funding Even When Conventional Lenders Say "No"](https://www.cambridgecap.com/blog/skilled-nursing-facilities-still-obtaining-hud-funding-even-when-conventional-lenders-say-no-2/) - Skilled nursing facility operators are scrambling to find a "Plan B" when denied conventional loans for building, renovating, or upgrading. It is an issue that is becoming increasingly more common, according to Cambridge Realty Capital President Andrew L. Erkes, and it's not just happening in Illinois, but also across the US. "Conventional lenders have begun - [Cambridge Treats Originators As Partners](https://www.cambridgecap.com/blog/cambridge-treats-originators-as-partners/) - Cambridge Realty Capital has a long and trustworthy history of strong originator and broker relationships. "Cambridge's reputation as a firm that values relationships is one of the reasons clients return to us for subsequent opportunities and also why they refer others to Cambridge," Cambridge President Andrew L. Erkes commented. What may not be as well-known - [Cambridge's Proven Track Record Gives HUD Borrowers Confidence](https://www.cambridgecap.com/blog/cambridges-proven-track-record-gives-hud-borrowers-confidence/) - "It's a HUD loan. Does it matter where I get it?" This is a question that Cambridge Realty Capital regularly encounters when speaking to borrowers about securing a HUD loan. However, "the provider you choose can actually make a big difference," states Cambridge President Andrew Erkes. Cambridge Realty Capital has been providing HUD funding since - [Now Is The Time To Lock In Interest Rate, Advises Cambridge Vice President](https://www.cambridgecap.com/blog/now-is-the-time-to-lock-in-interest-rate-advises-cambridge-vice-president/) - No one was surprised when the Federal interest rate rose by 75 bps in early November of 2022. It was the sixth consecutive rate hike, with today's rates being the highest since 2008. This continued upward trajectory has Cambridge Realty Capital Vice President Zach Scardina urging borrowers with existing variable-rate loans to lock in their - [Cambridge Provides A $18,120,000 HUD Loan To Refinance Bria Of Westmont Located In Westmont, IL](https://www.cambridgecap.com/blog/cambridge-provides-a-18120000-hud-loan-to-refinance-bria-of-westmont-located-in-westmont-il/) - Cambridge Realty Capital Companies reports providing an $18,120,000 HUD Lean loan to refinance Bria of Westmont, a skilled nursing facility, located in Westmont, Illinois. Andrew Erkes, Cambridge President, said the fully-amortized, 35-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding program. Underwriting - [Cambridge Provides A $10,400,000 HUD Lean Loan To Refinance Oakview Nursing And Rehabilitation And Ridgeview Assisted Living Located In Burlington, IA](https://www.cambridgecap.com/blog/cambridge-provides-a-10400000-hud-lean-loan-to-refinance-oakview-nursing-and-rehabilitation-and-ridgeview-assisted-living-located-in-burlington-ia/) - Cambridge Realty Capital Companies reports providing a $10,400,000 HUD Lean loan to refinance Oakview Nursing and Rehabilitation and Ridgeview Assisted Living, a dual-facility campus also known as The Views of Burlington, located in Burlington, IA. Andrew Erkes, Cambridge President, said the fully-amortized, 35-year loan was provided for the owner, an Iowa limited liability company, using - [Davis' Absence Deeply Felt at Fall NIC Conference](https://www.cambridgecap.com/blog/davis-absence-deeply-felt-at-fall-nic-conference/) - As Cambridge Realty Capital continues to mourn the loss of Jeffrey Davis, its Founder and former President, staff were reminded again recently of just how significant an impact Davis made within the senior living community. The annual Fall NIC Conference, hosted by the National Investment Center for Seniors Housing and Care, was an event that - [Size Matters When Underwriting Healthcare Loans](https://www.cambridgecap.com/blog/size-matters-underwriting-healthcare-loans/) - Here’s another way loan size matters. If you’re like most senior housing/healthcare business owners, your credibility and creditworthiness are not established by the large credit rating companies that track America’s giant corporations and institutions. “When it’s time to refinance the mortgage or acquire a new property, senior housing/healthcare businesses are required to demonstrate their creditworthiness - [Cambridge’s Meetings At NIC Provide Positive Opportunity Discussions With Operators](https://www.cambridgecap.com/blog/cambridges-meetings-at-nic-provide-positive-opportunity-discussions-with-operators/) - Cambridge Realty Capital Senior Vice President Brent Holman-Gomez and three other staff members recently had the privilege of attending the NIC Fall Conference in Washington, DC. Put on by the National Investment Center for Seniors Housing and Care, the annual conference provides "unparalleled opportunities to meet and engage with decision-makers,” according to the NIC. With - [Medicaid Rate Increases Let Providers' Long-Term Goals Regain Focus](https://www.cambridgecap.com/blog/medicaid-rate-increases-let-providers-long-term-goals-regain-focus/) - Cambridge’s Senior Vice President Brent Holman-Gomez recently sat down with Skilled Nursing News to discuss how recent Medicaid rate increases positively impact the senior housing space and allow for long-range goals and enhancements. Mr. Holman-Gomez also reminds borrowers that it is still not too late to get started with their financing needs to achieve their long-term goals. - [Cambridge Provides A $22 Million HUD Lean Loan To Refinance The Views At Marion In Marion, IA](https://www.cambridgecap.com/blog/cambridge-provides-a-22-million-hud-lean-loan-to-refinance-the-views-at-marion-in-marion-ia/) - Cambridge Realty Capital Companies reports providing a $22,267,500 HUD Lean loan to refinance The Views at Marion, a 112-bed mixed-use facility located in Marion, IA. Andrew L. Erkes, Cambridge President, said the fully amortized, 40-year loan was provided for the owner, an Iowa limited liability company, using the HUD Section 232 pursuant to Section 223(a)(7) - [Medicaid Rate Increases Inspire Confidence And Spark Planning For Future In Senior Care](https://www.cambridgecap.com/blog/medicaid-rate-increases-inspire-confidence-and-spark-planning-for-future-in-senior-care/) - Medicaid rates are increasing across the US, and Cambridge Senior Vice President Brent Holman-Gomez invites senior living operators to take note: Now may be the ideal time to take long-term advantage of the new infusion of funding. “Over the last couple of years, the government has made temporary stimulus payments for Medicaid providers in response - [Moving From SNF Operator To Landlord May Be More Plausible Than You Think, Cambridge Vice President Says](https://www.cambridgecap.com/blog/moving-from-snf-operator-to-landlord-may-be-more-plausible-than-you-think-cambridge-president-says/) - Cambridge Realty Capital Vice President Zachary Scardina urges SNF operators who think owning their facility is just a pipe dream to think again. “Many SNF operators dream of simply being both operator and owner,” Scardina asserts. Throughout his decades of experience in the senior living and healthcare industry, Scardina has tapped into the mindset of - [Over Ten Years Later, HUD Lean Program Still Offers Value, According To Cambridge President](https://www.cambridgecap.com/blog/ten-years-later-hud-lean-program-still-offers-value-according-to-cambridge-president/) - Over a decade after the HUD Lean program was launched, the HUD Section 232 loan remains a popular, sound choice for skilled nursing and assisted living facility operators, according to Cambridge President Andrew L. Erkes. "HUD 232 has been a staple in the marketplace for decades, but certainly has garnered increased enthusiasm from both borrowers - [Borrowers Are Urged To Lock In Rates As Interest Rates Are On The Rise](https://www.cambridgecap.com/blog/borrowers-are-urged-to-lock-in-rates-as-interest-rates-are-on-the-rise/) - Market-watchers were taken somewhat by surprise after rates were increased by 0.75% at the June Federal Open Market Committee meeting. Although a rate increase in and of itself was not entirely unexpected, the amount of the increase certainly carried some sticker shock. Cambridge Realty Capital Vice President Zachary Scardina noted that it was the largest - [Teamwork And Flexibility Are The Keys To Cambridge's 18-Month Closings Record During Pandemic](https://www.cambridgecap.com/blog/teamwork-and-flexibility-are-the-keys-to-cambridges-18-month-closings-record-during-pandemic/) - "If I had to use a few words to describe what it takes to do business in a global pandemic, they are 'Teamwork & Flexibility," said Cambridge President Andrew L. Erkes. "Like everyone else, we had to find different ways to continue doing business during the COVID-19 pandemic, which required flexibility not only on the - [Why Cambridge Plus HUD Equals A Formula For Operator Success](https://www.cambridgecap.com/blog/why-cambridge-plus-hud-equals-a-formula-for-operator-success/) - With many HUD 232 lenders to choose from, including both conventional and boutique lenders, what makes Cambridge stand out as a senior living operator's formula for success? Back in 2019 Cambridge Realty Capital President Jeffrey Davis addressed that question: "It always comes down to experience and results." Not just any financial institution can become a - [Cambridge Provides A $5.3 Million HUD Lean Loan To Refinance The New Homestead Of Guthrie Center, IA](https://www.cambridgecap.com/blog/cambridge-provides-a-5-3-million-hud-lean-loan-to-refinance-the-new-homestead-of-guthrie-center-ia/) - Cambridge Realty Capital Companies reports providing a $5,309,500 HUD Lean loan to refinance The New Homestead Senior Living Community, an 89-bed skilled care, assisted living and independent living facility located in Guthrie Center, Iowa. Zachary Scardina, Cambridge Vice President, said the fully-amortized, 35-year loan was provided for the owner, an Iowa limited liability company, using - [Cambridge Pledges To Honor CEO's Passion For Senior Housing](https://www.cambridgecap.com/blog/cambridge-pledges-to-honor-ceos-passion-for-senior-housing/) - The recent untimely passing of Cambridge Realty Capital's Founder Jeffrey Davis came as a monumental shock to the Cambridge staff. "Notwithstanding that we grieve," said Cambridge President, Andrew L. Erkes, "Cambridge staff remains committed to providing the same high level of customer service that Jeff always insisted upon during his 35+ years as Cambridge's steward. - [Cambridge Closes $7.4 Million HUD Loan To Refinance Springfield Supportive Living Center](https://www.cambridgecap.com/blog/cambridge-closes-7-4-million-hud-loan-to-refinance-springfield-supportive-living-center/) - Cambridge Realty Capital Companies recently closed a $7,448,382 HUD-insured loan for the Springfield Supportive Living Center, a 127-bed supportive/assisted living facility located in Springfield, Illinois. The loan was underwritten by Cambridge Realty Capital Ltd. of Illinois, Cambridge's specialists in FHA-insured HUD loans. - [Cambridge Closes $15.2 Million HUD Loan To Refinance Continuing Healthcare Of Niles](https://www.cambridgecap.com/blog/cambridge-closes-15-2-million-hud-loan-to-refinance-continuing-healthcare-of-niles/) - Cambridge Realty Capital Companies recently closed a $15,265,700 HUD-insured loan for Continuing Healthcare of Niles, a 136-bed Skilled Care facility located in Niles, Ohio. The loan was underwritten by Cambridge Realty Capital Ltd. of Illinois, Cambridge's specialists in FHA-insured HUD loans. - [Cambridge Founder and CEO Has Passed Away](https://www.cambridgecap.com/blog/cambridge-founder-and-ceo-has-passed-away/) - It is with profound sadness that Cambridge Realty Capital announces the sudden passing of its Founder and CEO Jeffrey Davis on April 18, 2022. Jeff’s passing was unexpected and came as a tremendous shock to his Cambridge family. “Everyone at Cambridge is devasted,” Cambridge President Andrew Erkes stated. “Jeff was a friend and a mentor - [Cambridge Closes $6.1 Million HUD Loan To Refinance Continuing Healthcare Of Milan](https://www.cambridgecap.com/blog/cambridge-closes-6-1-million-hud-loan-to-refinance-continuing-healthcare-of-milan/) - Cambridge Realty Capital Companies recently closed a $6,118,900 HUD-insured loan for Continuing Healthcare of Milan, a 92-bed Skilled Care facility located in Milan, Ohio. Jeffrey Davis, Cambridge’s Chairman, said “The loan was underwritten by Cambridge Realty Capital Ltd. of Illinois, our specialists in FHA-insured HUD loans.” - [Trust, Respect, And Candor Are Pillars For Establishing A Productive Long-Term Relationship, Cambridge Executive Says](https://www.cambridgecap.com/blog/trust-respect-and-candor-are-pillars-for-establishing-long-term-relationship/) - If the goal is to bring more predictability into their lives, senior housing/healthcare borrowers may want to consider this: establishing a long-term relationship with a knowledgeable lender is a good place to start. “Establishing a positive, long-term relationship with a lender is important to the borrower for many reasons, most obviously because relationships built on - [Cambridge Closes $7.3 Million HUD Loan To Refinance Pontiac Supportive Living](https://www.cambridgecap.com/blog/cambridge-closes-7-3-million-hud-loan-to-refinance-pontiac-supportive-living/) - Cambridge Realty Capital Companies recently closed a $7,383,599 HUD-insured loan for Pontiac Supportive Living, a 60-bed Supportive Living facility located in the Metropolitan Chicago area. Jeffrey A. Davis, Cambridge Chairman, said “The loan was underwritten by Cambridge Realty Capital Ltd. of Illinois, our specialists in FHA-insured HUD loans.” The facility is staffed with nursing aides - [Cambridge Closes $10.6 Million HUD Loan To Refinance Pine Acres Healthcare & Rehabilitation Center](https://www.cambridgecap.com/blog/cambridge-closes-10-6-million-hud-loan-to-refinance-pine-acres-healthcare-rehabilitation-center/) - Cambridge Realty Capital Companies recently closed a $10,666,565 HUD-insured loan for Pine Acres Healthcare & Rehabilitation Center, a 102-bed Skilled Nursing facility located in Madison, New Jersey. Hymie Barber, Cambridge’s National Originations Manager, said “The loan was underwritten by Cambridge Realty Capital Ltd. of Illinois, our specialists in FHA-insured HUD loans.” Pine Acres is a - [Cambridge Closes $11.2 Million HUD Loan To Refinance The Ponds Of Wealshire](https://www.cambridgecap.com/blog/cambridge-closes-11-2-million-hud-loan-to-refinance-the-ponds-of-wealshire/) - Cambridge Realty Capital Companies recently closed an $11,259,829 HUD-insured loan for The Ponds of Wealshire, a 116-unit Assisted Living facility located in the Metropolitan Chicago area. Jeffrey A. Davis, Cambridge Chairman, said “The loan was underwritten by Cambridge Realty Capital Ltd. of Illinois, our specialists in FHA-insured HUD loans.” The facility provides rehabilitation services, respite - [Cambridge Provided $802 Million In Debt Financing Since Start Of Pandemic](https://www.cambridgecap.com/blog/cambridge-provided-802-million-in-debt-financing-since-start-of-pandemic/) - Cambridge Realty Capital President Jeffrey Davis reported that Cambridge has provided $802 million in debt financing since March 2020. The declaration of a worldwide pandemic presented numerous new challenges for businesses of all types. "For Cambridge," Davis recounted, "it meant shifting away from in-person exchanges and, for many staff members, avoiding the brick-and-mortar office altogether - [Senior Housing A Profitable Niche For Savvy Investors](https://www.cambridgecap.com/blog/senior-housing-a-profitable-niche-for-savvy-investors/) - With the baby boomer generation reaching its senior years, there is a new bubble of growth in the seniors housing sector. Demand for services is on the rise in all areas of senior housing, including independent living, assisted living, and skilled care facilities. This population boom, coupled with the fact that the seniors and their - [The Key To Finding Capital You Need…Work With An Experienced Professional Like Cambridge Realty Capital](https://www.cambridgecap.com/blog/the-key-to-finding-capital-you-needwork-with-an-experienced-professional-like-cambridge-realty-capital/) - “If there has ever been a time to work with people, lenders and investors that have experience, that time is now,” according to Cambridge Realty Capital President Jeffrey Davis. Living in the throes of a pandemic that is, after more than 18 months, still raging on, there is no room for error when it comes - [Cambridge Closings Continue. . . July And YTD 2021 Closings](https://www.cambridgecap.com/blog/cambridge-closings-continue-july-and-ytd-2021-closings/) - Business remains brisk for Cambridge Realty Capital as summer wraps up. Cambridge recently released its closing data for July 2021. Cambridge President Jeffrey Davis reported three closings in the month of July worth a total of $34,574,600. All three closings were HUD 232/223(a)(7)'s and consisted of loans from $7.8 million dollars to $14 million dollars. - [A Recent Speech Provides Valuable Insight into Future Monetary Policy](https://www.cambridgecap.com/blog/recent-speech-provides-valuable-insight-future-monetary-policy/) - Last week Federal Reserve Chairman Janet Yellen gave a speech at the Economic Club in New York that provided valuable insight into her thinking and how she would like the Fed to proceed in exercising monetary policy. After five years of keeping the federal funds rate at or near zero, the Federal Reserve (Fed) is - [Emerging Trends in Real Estate](https://www.cambridgecap.com/blog/emerging-trends-real-estate/) - PricewaterhouseCoopers and the Urban Land Institute recently released their annual Emerging Trends in Real Estate report for 2014 and their findings indicate that industry professionals believe the overall real estate market, including seniors housing, should have a banner year in 2014. In accordance with the report’s findings senior housing participants who are interested in taking advantage - [Senior Housing Assets Continue to Attract Investors](https://www.cambridgecap.com/blog/senior-housing-assets-continue-attract-investors/) - According to recent statistical and anecdotal information, senior housing assets continue to attract a wide range of investors. Industry participants and others who are interested in furthering their investments in seniors housing before interest rates rise markedly should contact the successful firm Cambridge Realty Capital to learn more about the many different financing options it - [Senior Housing Providers Work to Meet Increased Demand](https://www.cambridgecap.com/blog/senior-housing-providers-work-meet-increased-demand/) - Every day in the United States more than 10,000 baby boomers retire. This trend is expected to continue for the next several years and will only increase what is an already strong demand for seniors housing. As the nation’s population gets older, senior living providers continue to look for ways to meet the increased demand - [Senior Housings Continued Growth Spurs Another Bold Deal](https://www.cambridgecap.com/blog/senior-housings-continued-growth-spurs-another-bold-deal/) - Earlier this year Brookdale Senior Living announced that it would acquire Emeritus Senior Living in a $2.8 billion deal that will make Brookdale the largest senior living company in the United States. The deal is expected to close in the third quarter and once it’s complete, Brookdale will own more than 112,000 units in 46 - [How Commercial Real Estate Lending Recovered From the Recession](https://www.cambridgecap.com/blog/commercial-real-estate-lending-recovered-recession/) - By all accounts commercial real estate lending is on the upswing this year, particularly lending by community banks. This is good news for the industry and for borrowers who need these loans to grow their businesses. Although the lending environment is different today than it was before the recession, many analysts believe that because of - [Financing Picks Up for CCRC Communities](https://www.cambridgecap.com/blog/financing-picks-ccrc-communities/) - The attractiveness of seniors housing has helped propel its growth by reducing some of the barriers to financing that existed a few years ago. While this has been apparent in many of senior housings’ subcategories, perhaps nowhere has it been more noticeable than in the continuing care retirement communities sector. After the recession ended in - [Markets Prepare for the Fed’s Post-Meeting Announcements](https://www.cambridgecap.com/blog/markets-prepare-feds-post-meeting-announcements/) - The Federal Reserve (Fed) is wrapping up its April meeting today and will release a post-meeting statement after it has concluded its deliberations. Senior housing analysts and economists are anxiously awaiting this statement to see what decisions the Fed makes with respect to interest rates and its quantitative easing program. While analysts aren’t expecting any - [The Federal Reserve’s Beige Book Shows a Growing Economy](https://www.cambridgecap.com/blog/federal-reserves-beige-book-shows-growing-economy/) - The Federal Reserve recently released its April Beige Book, which summarizes anecdotal information on the economy obtained from its 12 District banks. The Beige Book is released 8 times a year and the April edition is the third Book of this year. According to this month’s Beige Book, while results varied among the different Districts, - [Senior Housing Development Continues](https://www.cambridgecap.com/blog/senior-housing-development-continues/) - This week we’ve discussed various reports and acquisitions that demonstrate the robustness of the senior living market. In addition to these items, another measure of the market’s health is construction activity. A high rate of construction activity relative to previous years would indicate that demand for seniors housing is strong and providers are doing their - [Senior Housing Acquisitions](https://www.cambridgecap.com/blog/senior-housing-acquisitions/) - So far this week we’ve discussed a number of reports covering a range of topics from the increased bank lending that real estate professionals are projecting this year, to the continued appreciation in the value of senior housing assets, to occupancy gains that were made in the year’s first quarter by skilled nursing facilities and independent - [NIC’s Quarterly Report Shows a Healthy Senior Housing Market](https://www.cambridgecap.com/blog/nics-quarterly-report-shows-healthy-senior-housing-market/) - The National Investment Center for the Seniors Housing & Care Industry (NIC) recently released its quarterly MAP Data and Analysis report for the first quarter of 2014. The report is generally positive and includes a number of different data points that industry professionals will find interesting. As the senior housing market continues to grow, industry - [Senior Housing Assets Continue to Perform Well](https://www.cambridgecap.com/blog/senior-housing-assets-continue-perform-well/) - In concert with other positive data in seniors housing during the last year, according to the recently published 2014 Senior Care Acquisition Report, 19th Edition, senior housing asset values increased markedly in 2013 and have finally returned to pre-recession levels. Senior housing participants and others who are interested in investing in these assets prior to - [Future Trends in Lending](https://www.cambridgecap.com/blog/future-trends-lending/) - Last week, we discussed some interesting findings from the 2014 Emerging Trends in Real Estate report that was recently published by PricewaterhouseCoopers (PWC) and the Urban Land Institute (ULI). Specifically, the report’s commentary on a shift in emphasis in the commercial real estate market from higher cap rates to increased cash flows, the increased importance - [Public and Private Sector Actors Work to Meet Demand for Senior Housing](https://www.cambridgecap.com/blog/public-private-sector-actors-work-meet-demand-senior-housing/) - Driven by an aging population, demand for senior housing continues to increase across the country. For example, Wisconsin’s Governor Scott Walker just signed a bill to develop a new skilled nursing facility in the state. The estimated cost is $80 million and these funds will be used to add a new 200-bed building to a - [Assisted Living Providers See Opportunities in Short-Term Stays](https://www.cambridgecap.com/blog/assisted-living-providers-see-opportunities-short-term-stays/) - The Affordable Care Act’s provisions encouraging accountable care organizations have incentivized many senior living providers to look for new ways to maximize their post-acute care revenue and increase occupancy. Some assisted living providers have become very active in this endeavor and other senior living providers would be wise to take a look at what these - [Wall Street Economists Change Their Views on Interest Rates Hikes](https://www.cambridgecap.com/blog/wall-street-economists-change-views-interest-rates-hikes/) - The March jobs report was a good one, as the Department of Labor reported that 192,000 jobs were created in the month. By all accounts the Federal Reserve (Fed) should like the report’s findings and continue tapering its quantitative easing program. While the positive jobs report means the continued winding down of this program is - [Insights on Federal Reserve Monetary Policy from a Fed Bank President](https://www.cambridgecap.com/blog/insights-federal-reserve-monetary-policy-fed-bank-president/) - After the Federal Reserve (Fed) met last week, it announced that it would continue to taper its quantitative easing program by another $10 billion each month but would not change the federal funds rate from its current level of 0% to .25%. This announcement was in line with analysts’ projections so it did not come - [Senior Housing Providers Position Themselves to Make More Acquisitions](https://www.cambridgecap.com/blog/senior-housing-providers-position-make-acquisitions/) - Recent senior housing acquisition activity shows continued confidence in the sector. Yields on the 10-Year Treasury note have declined since the start of the year, further reducing interest rates for 10-year and 15-year loans that are tied to it and senior living providers are moving to take advantage of this. Discovery Senior Living Takes Action - [The 10-Year Treasury Note Provides Insight on Future Interest Rates](https://www.cambridgecap.com/blog/10-year-treasury-note-provides-insight-future-interest-rates/) - An important method that’s often used when evaluating interest rates is the analysis of any yield fluctuations in the 10-year Treasury note. This method is used because as yields for the note move up and down so do interest rates for other 10 – 15 year loans, such as 15-year fixed mortgage loans. Going into - [Non-Bank Lending Continues to Remain a Valuable Source of Financing](https://www.cambridgecap.com/blog/non-bank-lending-continues-remain-valuable-source-financing/) - Senior housing industry participants are increasingly turning to non-bank lending as a source of capital for growth and other needs. Chicago-based Cambridge Realty Capital is an example of a non-bank firm that offers loans to interested parties through its extensive network of senior housing lenders and the Department of Housing and Urban Development. Its conventional - [New Federal Reserve Nominees Are Poised to Influence Monetary Policy](https://www.cambridgecap.com/blog/new-federal-reserve-nominees-poised-influence-monetary-policy/) - The Federal Reserve’s Board of Governors got a new member earlier this week when the Senate confirmed the nomination of Stanley Fischer to the Board. President Obama had nominated Mr. Fischer to be Vice Chairman and a separate vote for that position will be held in the future. Meanwhile, a vote has yet to be - [New Projections Point to a Resurgent Economy](https://www.cambridgecap.com/blog/new-projections-point-resurgent-economy/) - During the first quarter of 2014, the nation’s gross domestic product grew at a disappointing .1%. This was attributed largely to the extreme winter conditions that most of the country experienced and growth was expected to increase after these conditions abated. In testimony before Congress earlier this month, Janet Yellen, the Chairman of the Federal - [Competition for Senior Housing Assets Continues to Heat Up](https://www.cambridgecap.com/blog/competition-senior-housing-assets-continues-heat/) - An improving economy and favorable demographics were expected to propel senior housing transactions this year and so far acquisitions in the space have taken place at a brisk rate. This has led to increased competition for senior housing assets as more buyers and investors enter the marketplace. Senior housing providers and other investors who are - [A Little Noticed Affordable Care Act Provision Could Have a Major Impact on Long-Term Care Providers](https://www.cambridgecap.com/blog/little-noticed-affordable-care-act-provision-major-impact-long-term-care-providers/) - The Affordable Care Act contains a number of provisions that affect long-term care providers. Perhaps the most well-known of these is the “employer mandate” that requires employers over a certain size to offer health insurance to all of their eligible employees. This provision has the potential to significantly affect costs for providers who fall under - [Insightful Economic News from Janet Yellen and the Federal Reserve](https://www.cambridgecap.com/blog/insightful-economic-news-janet-yellen-federal-reserve/) - Earlier this month, Janet Yellen, the Chairman of the Federal Reserve (Fed), testified on Capitol Hill before the Joint Economic Committee on the state of the economy and monetary policy. Ms. Yellen came across as confident about the future of the economy while also addressing some areas where she thinks it can improve. Her testimony - [Acquisition Based Strategies Continue to Drive Investment Activity in Senior Housing](https://www.cambridgecap.com/blog/acquisition-based-strategies-continue-drive-investment-activity-senior-housing/) - During the past week we’ve described various investment activities in senior housing that demonstrate the appeal of these assets. We’ve discussed how industry participants and domestic and foreign investors are all trying to take advantage of today’s low interest rates and demand for senior housing services by ramping up their investments in the space via - [Increased Investment Activity Demonstrates the Appeal of Senior Housing Assets](https://www.cambridgecap.com/blog/increased-investment-activity-demonstrates-appeal-senior-housing-assets/) - So far this week we’ve discussed how increased investments in seniors housing from foreign investors, domestic providers, and REITs are providing evidence of the robustness of the sector and the attractiveness of senior housing assets. Today we will provide additional examples of transactions that demonstrate the appeal of these assets. Before interest rates rise as - [Diverse Acquisitions Continue to Take Place in Senior Housing](https://www.cambridgecap.com/blog/diverse-acquisitions-continue-take-place-senior-housing/) - To date this week we have discussed how the strength of the senior housing market is being demonstrated by increasing foreign investment in the sector and a strategy of growth through acquisitions by some providers. Additional acquisitions have recently been announced that further demonstrate the attractiveness of these assets. Senior housing providers and others who - [Senior Housing Assets Increasingly Attract Foreign Investment](https://www.cambridgecap.com/blog/senior-housing-assets-increasingly-attract-foreign-investment/) - Yesterday we discussed how the strength of senior housing assets is encouraging providers to embark on a strategy of growth through acquisitions. The increasing use of this strategy demonstrates the attractiveness of these assets to domestic providers and investors and now, senior housing assets have become so attractive that increasing amounts of foreign capital have - [Growth Through Acquisitions Continues in Senior Housing](https://www.cambridgecap.com/blog/growth-acquisitions-continues-senior-housing/) - All across the country, senior living providers continue to demonstrate the attractiveness of the sector by snapping up properties to enhance their portfolios and boost their profits. Indeed, growth through acquisitions is increasingly becoming a strategy for many industry participants as reflected by the high rate of M&A activity that has already taken place this - [Senior Housing Providers Continue to Use Acquisitions to Strengthen their Portfolios](https://www.cambridgecap.com/blog/senior-housing-providers-continue-use-acquisitions-strengthen-portfolios/) - Senior housing providers across the country are continuing to take advantage of low interest rates and favorable demographics to enhance their portfolios through acquisitions. While we noted yesterday how a Census report indicates that these favorable demographics are likely to continue, we also noted that the stimulus provided by the Federal Reserve (Fed) to lower - [Demographic Shifts Continue to Favor Senior Housing](https://www.cambridgecap.com/blog/demographic-shifts-continue-favor-senior-housing/) - The senior housing industry has undergone significant growth in recent years for a variety of reasons and now some new data from the U.S. Census Bureau reinforces analysts’ expectations that this growth should continue for the foreseeable future. As this trend continues, senior housing participants who are interested in taking advantage of the market’s strong - [NIC Council Identifies Opportunities for Senior Housing Providers](https://www.cambridgecap.com/blog/nic-council-identifies-opportunities-senior-housing-providers/) - Many senior housing facilities that have been built recently are equipped with large living quarters and spacious common areas. In addition to having a lot of space, they also have numerous amenities such as fitness centers, bistros, physical therapy rooms, game rooms, libraries, theater rooms, and many other features as well. Senior housing providers have - [Medicare Reimbursement Rates for SNFs Could Increase Next Year](https://www.cambridgecap.com/blog/medicare-reimbursement-rates-snfs-increase-next-year/) - In some good news for senior housing providers, the Centers for Medicare & Medicaid Services (CMS) recently proposed increasing Medicare’s reimbursements to skilled nursing facilities by $750 million in 2015. To the senior housing industry, this announcement came as a pleasant surprise especially because members of Congress often propose cuts to Medicare and Medicaid as - [HUD Loans Give Buyers More Options](https://www.cambridgecap.com/blog/hud-loans-give-buyers-options/) - As we get deeper into 2014, low interest rates and demographic changes continue to drive demand for acquisitions in seniors housing. In addition to these factors, some property owners whose facilities are outside their portfolios core assets are also divesting themselves of their senior housing properties. Examples of this can be found in the not-for-profit - [No Surprises From The Federal Reserve’s April Meeting](https://www.cambridgecap.com/blog/no-surprises-federal-reserves-april-meeting/) - After its April meeting concluded yesterday, the Federal Reserve (Fed) released a statement on the actions it decided to take. These actions came as no surprise to analysts and economists whose projections were pretty much in line with the Fed’s decisions. Analysts had projected that the Fed would continue tapering its quantitative easing program by - [A Flattening Yield Curve Reveals Investors Thoughts on the Economy](https://www.cambridgecap.com/blog/flattening-yield-curve-reveals-investors-thoughts-economy/) - The U.S. Treasury yield curve compares the yields of short-term Treasury bills with the yields of long-term Treasury securities, such as notes and bonds. A normal yield curve indicates that investors are confident about the economy and slopes upwards because the yields on long-term Treasury securities will be greater than the yields on short-term Treasury - [The Federal Reserve’s Beige Book Points to Economic Growth](https://www.cambridgecap.com/blog/federal-reserves-beige-book-points-economic-growth/) - During the first quarter the U.S. economy grew at a negligible .1%. This was far below projections and seemingly would have caused some alarm amongst economists. However, this did not occur as the consensus opinion was that the unusually harsh winter that the country experienced was a significant drag on the economy, and that once - [Decreased Audit Revenue Could Lead to Increased Payment Scrutiny for LTC Providers](https://www.cambridgecap.com/blog/decreased-audit-revenue-lead-increased-payment-scrutiny-ltc-providers/) - Long-term care providers have long argued to lawmakers that unnecessary audits hurt their operations and reduce the amount of residents they could care for. These arguments eventually persuaded the Centers for Medicare & Medicaid Services (CMS) to act and earlier this year it did so when it announced that it was temporarily suspending its recovery - [Construction in Senior Housing Continues to Ramp Up](https://www.cambridgecap.com/blog/construction-senior-housing-continues-ramp/) - In response to projections showing increased demand for their services, senior housing providers have increased the construction of new facilities in order to satisfy this demand. Now some industry analysts are concerned that providers might be boosting construction too much and will eventually oversaturate the market. However, many industry professionals hold the opposite view and - [Senior Housing Providers Continue to Defy Analysts’ Supply Concerns](https://www.cambridgecap.com/blog/senior-housing-providers-continue-defy-analysts-supply-concerns/) - In an earlier post we discussed how senior housing providers are building more communities in an effort to satisfyincreasing demand for their services. This is being done despite concerns that some analysts have about oversaturating the market with too much supply. Many industry professionals disagree with these analysts’ assessments and are demonstrating this by continuing - [The Federal Reserve Begins Debating Its Stimulus Exit Strategy](https://www.cambridgecap.com/blog/federal-reserve-begins-debating-stimulus-exit-strategy/) - As the economy continues to pick up steam, the Federal Reserve (Fed) will begin to tailor back the stimulus measures it has used during the past few years to encourage economic growth. It has already begun to wind down its quantitative easing program (QE3), which now consists of the Fed buying approximately $45 billion a - [Ventas Acquisition Jolts Senior Housing Industry](https://www.cambridgecap.com/blog/ventas-acquisition-jolts-senior-housing-industry/) - Earlier this year, Brookdale Senior Living announced that it would be acquiring Emeritus Senior Living in a $2.8 billion transaction that will make Brookdale one of the largest senior housing providers in the country. Now another acquisition has been announced that will be felt throughout the industry as well; Ventas, Inc. has announced that it - [Commercial Real Estate Lending Continues to Grow](https://www.cambridgecap.com/blog/commercial-real-estate-lending-continues-grow/) - Commercial real estate lending has picked up markedly during the past year indicating that actions taken by the Federal Reserve to reduce short and long-term interest rates are paying dividends in this area. While interest rates remain low, senior living providers and investors who are interested in obtaining inexpensive capital for acquisitions, growth, or other - [Senior Housing Assets Continue to be Acquired Across the Country](https://www.cambridgecap.com/blog/senior-housing-assets-continue-acquired-across-country/) - Earlier this week Ventas, Inc. announced that it was purchasing American Realty Capital Healthcare Trust for $2.6 billion. This mega-deal immediately caught the eye of industry watchers as it propelled Ventas into the number six spot of the nation’s largest REITs. While Ventas’ acquisition of American Realty Capital received significant publicity, a number of smaller - [HUD’s Section 232 Financing Program Offers Important Benefits](https://www.cambridgecap.com/blog/huds-section-232-financing-program-offers-important-benefits/) - The Department of Housing and Urban Development’s Section 232 program provides an important opportunity for senior housing owners and operators to obtain financing to update, acquire, or refinance a long-term care facility. Last year, HUD made $5.8 billion available in insured mortgage loans for skilled nursing facilities, assisted living facilities, and board and care facilities - [Fed Members Air Competing Views on Monetary Policy – Part I](https://www.cambridgecap.com/blog/fed-members-air-competing-views-monetary-policy-part/) - With the economy on the mend, the Federal Reserve (Fed) has begun discussing the best way to reduce the significant amount of stimulus it has pumped into it over the past few years. The outcome of these discussions is very important because if the wrong policy is implemented it could damage the economy by stalling - [Fed Members Air Competing Views on Monetary Policy – Part II](https://www.cambridgecap.com/blog/fed-members-air-competing-views-monetary-policy-part-ii/) - In yesterday’s post we discussed how the nation’s continued economic growth has the Federal Reserve (Fed) thinking about the best way to unwind some of the stimulus measures that it has used to spur the economy during the past few years. There’s no shortage of views on this at the Fed, with its dovish members - [Fed Members Air Competing Views on Monetary Policy – Part III](https://www.cambridgecap.com/blog/fed-members-air-competing-views-monetary-policy-part-iii/) - Earlier this week we discussed how different members of the Federal Reserve (Fed) have begun to publicly air their views on how the Fed should wind down the significant amount of stimulus it has pumped into the economy during the past few years. The Fed has already begun to taper its quantitative easing program, which - [May’s Jobs Report Encourages Economists](https://www.cambridgecap.com/blog/mays-jobs-report-encourages-economists/) - May’s jobs report was just released and similar to the Federal Reserve’s most recent Beige Book, the jobs report also indicates that the economy has rebounded from the dip it took during the first quarter and is now growing steadily. This is good news for senior housing providers because economic growth leads to increased income - [MedPAC Recommendations Could Benefit Skilled Nursing Facilities](https://www.cambridgecap.com/blog/medpac-recommendations-benefit-skilled-nursing-facilities/) - In its latest report to Congress, the Medicare Payment Advisory Commission (MedPAC) recommended that Medicare pay skilled nursing facilities (SNFs) and inpatient rehabilitation facilities (IRFs) the same amount for treating certain conditions. This “site-neutral” payment method has been studied by members of Congress and other agencies for a number of years and this latest report - [Update on Commercial Real Estate Loans](https://www.cambridgecap.com/blog/update-commercial-real-estate-loans/) - During the recession, commercial real estate loans dried up as banks and other lenders dealt with the fallout from the financial crisis. Since then, an improving economy and stimulus measures taken by the Federal Reserve have helped to bolster commercial real estate lending across the country and reduce delinquency rates for these loans as well. - [Cambridge Arranges $13.8 Million HUD Lean Loan To Refinance Hawthorne Health And Rehab And Hawthorne Inn Located In Brandon, Fl.](https://www.cambridgecap.com/blog/cambridge-arranges-13-8-million-hud-lean-loan-refinance-hawthorne-health-rehab-hawthorne-inn-located-brandon-fl/) - Cambridge Realty Capital Companies reports arranging a $13,840,000 HUD Lean loan to refinance the Hawthorne Health and Rehabilitation Center and the Hawthorne Inn located in Brandon, FL. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 30-year loan was arranged for the owner, an Florida limited liability company, using the HUD Section 232 pursuant to Section - [Cambridge Arranges $3.5 Million HUD Loan To Refinance Millersville Manor Located In Millersville, PA.](https://www.cambridgecap.com/blog/cambridge-arranges-3-5-million-hud-loan-refinance-millersville-manor-located-millersville-pa/) - Cambridge Realty Capital Companies reports arranging a $3,572,400 HUD MAP loan to refinance Millersville Manor, a Section 8, 122-unit elderly apartment building, located in Millersville, PA. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 33-½ year loan was arranged for the owner, a Pennsylvania limited liability company, using HUD Section 207 pursuant to Section 223(f) - [Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions/) - The senior housing industry has remained strong this year thanks to low interest rates, an improving economy, and favorable demographics that continue to fuel demand for senior housing services and assets. Indeed, occupancy rates and rents are up across various properties, reflecting the growth and health of the industry, and providers and investors are continuing - [The Debate Over Interest Rates Continues](https://www.cambridgecap.com/blog/debate-interest-rates-continues/) - Yesterday we discussed how June’s positive jobs report has many economists thinking that the Federal Reserve will raise its benchmark federal funds rate sooner than they previously anticipated. The general consensus before the jobs report was released was that the Fed would raise rates in mid-2015. However, after the jobs report was published, many economists - [Update on Senior Housing Construction Starts](https://www.cambridgecap.com/blog/update-senior-housing-construction-starts/) - During the past few years, low interest rates and favorable demographics have helped fuel the construction of senior housing facilities across the country. However, according to a report that was released by the National Investment Center for the Seniors Housing & Care Industry (NIC), the pace of construction starts decreased in the first quarter of - [Why the Fed Concluding its Bond Buying Program Won’t Stop its Impact on Interest Rates](https://www.cambridgecap.com/blog/fed-concluding-bond-buying-program-wont-stop-impact-interest-rates/) - Last week, the Federal Reserve’s Open Market Committee voted to reduce the amount of bond purchases that it makes under its quantitative easing program (QE3) by $10 billion in July. This will reduce the Fed’s monthly purchase amount to $35 billion, which is significantly lower than its one-time peak of $85 billion each month. By - [Cambridge Arranges $5. 2 Million HUD Lean Loan To Refinance Broomfield Skilled Nursing & Rehabilitation Center Located In Broomfield, CO.](https://www.cambridgecap.com/blog/cambridge-arranges-5-2-million-hud-lean-loan-refinance-broomfield-skilled-nursing-rehabilitation-center-located-broomfield-co/) - Cambridge Realty Capital Companies reports arranging a $5,275,700 HUD Lean loan to refinance the Broomfield Skilled Nursing Care and Rehabilitation Center located in Broomfield, Colorado. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 35-year loan was arranged for the owner, a Colorado limited partnership, using HUD Section 232 pursuant to Section 223(a)(7)funding program, which is - [Cambridge Arranges $12.5 Million HUD Loan To Refinance The Ponds Of Wealshire Assisted Living Facility Located In Lincolnshire, IL](https://www.cambridgecap.com/blog/cambridge-arranges-12-5-million-hud-loan-refinance-ponds-wealshire-assisted-living-facility-located-lincolnshire-il/) - Cambridge Realty Capital Companies reports arranging a $12,513,000 HUD Lean loan to refinance The Ponds of Wealshire Assisted Living facility located in Lincolnshire, IL. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 35-year loan was arranged for the owner, an Illinois limited liability company, using HUD Section 232 pursuant to Section 223(a)(7) funding program, which - [Ongoing Construction in Senior Housing Helps Rebuff Oversaturation Claims](https://www.cambridgecap.com/blog/ongoing-construction-senior-housing-helps-rebuff-oversaturation-claims/) - We recently discussed construction starts in the senior housing space and how thoughts of the market being oversaturated appear to be premature. The nation’s aging population continues to drive demand for senior housing services and this is reflected by recent gains in occupancy. For example, according to the National Investment Center for the Seniors Housing - [Cambridge Arranges $10 Million HUD Lean Loan To Refinance Santa Anita Convalescent Hospital Located In Temple City, CA.](https://www.cambridgecap.com/blog/cambridge-arranges-10-million-hud-lean-loan-refinance-santa-anita-convalescent-hospital-located-temple-city-ca/) - Cambridge Realty Capital Companies reports arranging a $10,068,400 HUD Lean loan to refinance the Santa Anita Convalescent Hospital located in Temple City, CA. Jeffrey Davis, Cambridge Chairman, said the fully-amortized, 30-year loan was arranged for the owner, a California corporation, using HUD Section 232 pursuant to Section 223(a)(7) funding program, which is used to refinance - [Recent Acquisitions in Seniors Housing](https://www.cambridgecap.com/blog/recent-acquisitions-seniors-housing/) - Earlier this week we discussed how continued construction starts in senior housing are demonstrating that the market isn’t oversaturated and that these assets continue to remain in high demand in many areas of the country. In addition to construction starts, another indicator that the industry remains robust is the pace of acquisitions in the space, - [Senior Housing Assets Continue to Attract a Wide Range of Investors](https://www.cambridgecap.com/blog/senior-housing-assets-continue-attract-wide-range-investors/) - We recently chronicled how the aging of the population continues to play a key role in driving demand for senior housing services and how the attractiveness of senior housing assets continues to be demonstrated by ongoing construction in the space and acquisition activity as well. Because of this, the appeal of these assets is now - [Analysts Offer Theories On Long-Term Interest Rate Movement](https://www.cambridgecap.com/blog/analysts-offer-theories-long-term-interest-rate-movement/) - After its June meeting, the Federal Reserve announced that it would continue tapering its quantitative easing program (QE3) by another $10 billion in July. The Fed instituted this program years ago to help drive down long-term interest rates and stimulate the economy. However, even though the Fed has begun winding down QE3, long-term interest rates - [Risk Taking in Commercial Real Estate Lending Appears to Fall](https://www.cambridgecap.com/blog/risk-taking-commercial-real-estate-lending-appears-fall/) - Thanks to the improving economy and stimulus measures taken by the Federal Reserve, commercial real estate lending has increased steadily since the end of the recession. For example, as-of March 31, the total amount of commercial real estate loans at domestic commercial and savings banks had increased by 1.67% since December 31, 2013 to $1.2 - [A Recent Speech by Janet Yellen Offers Clues on Interest Rates](https://www.cambridgecap.com/blog/recent-speech-janet-yellen-offers-clues-interest-rates/) - Earlier this week, Janet Yellen, the Chairman of the Federal Reserve, gave an important speech at the International Monetary Fund in Washington D.C., which offered listeners some insight into her thinking and what the central bank might do with interest rates going forward. Since 2008 the Fed has kept its benchmark federal funds rate at - [A New Census Report Gives Senior Housing Providers Important Information](https://www.cambridgecap.com/blog/new-census-report-gives-senior-housing-providers-important-information/) - Now that the Federal Reserve has started winding down the stimulus measures it implemented to help the economy after the recession, senior housing providers are increasingly paying attention to any clues that the Fed gives regarding when it might raise interest rates so that they can prepare for the effects of an increase. However, in - [The Commerce Department Revises First Quarter GDP Figures](https://www.cambridgecap.com/blog/commerce-department-revises-first-quarter-gdp-figures/) - The Commerce Department recently revised its assessment of first quarter economic growth from a scant .1%, to an even worse annualized decline of 2.9%, meaning the economy shrank by almost 3% during the first three months of the year. This announcement doesn’t appear to have impacted the senior housing industry, as construction and acquisition activity - [The Latest Jobs Report Reveals an Improving Economy](https://www.cambridgecap.com/blog/latest-jobs-report-reveals-improving-economy/) - Yesterday we discussed how the first-quarter’s revised GDP figures caught economists by surprise, but didn’t lead to panic because of recent data which shows that the economy has picked up steam since then. One of these data points is the latest jobs report which has also surprised economists, but unlike the downward revision in GDP, - [Economists Change Their Views on Interest Rates](https://www.cambridgecap.com/blog/economists-change-views-interest-rates/) - With the Federal Reserve on pace to eliminate its quantitative easing program by the end of the year, economists are increasingly turning their attention to the federal funds rate and debating when the central bank will begin raising it from its current near zero level. Encouraged by the latest jobs report showing that the economy - [Low Interest Rates Continue to Drive Acquisitions](https://www.cambridgecap.com/blog/low-interest-rates-continue-drive-acquisitions/) - Senior housing providers and investors continue to take advantage of today’s low interest rates by acquiring additional communities, and the pace of acquisitions might accelerate further because of the positive jobs report that was just released by the Department of Labor. According to the report, the economy created almost 300,000 jobs last month and the - [Long-Term Care Providers Cheer Medicare Appeals Changes](https://www.cambridgecap.com/blog/long-term-care-providers-cheer-medicare-appeals-changes/) - In an effort to reduce the amount of time that it takes to appeal Medicare claims, the Centers for Medicare and Medicaid Services (CMS) recently announced that long-term care providers will be allowed to appeal some claims decisions without going through the traditional administrative law judge hearing process. Instead of using this process, CMS is - [The Federal Reserve Confirms the End of Quantitative Easing](https://www.cambridgecap.com/blog/federal-reserve-confirms-end-quantitative-easing/) - The Federal Reserve recently published the minutes from its June meeting and senior housing providers and investors should find the information contained in them very interesting; specifically, the Fed’s confirmation that it will eliminate its quantitative easing program this October. As the Fed winds down this program and begins to reverse other stimulus measures that - [Senior Housing Continues to Experience Occupancy Gains](https://www.cambridgecap.com/blog/senior-housing-continues-experience-occupancy-gains/) - According to data that was just released by the National Investment Center for the Seniors Housing and Care Industry, the senior housing sector continued to see occupancy gains during the second quarter of the year. These gains show the continued health of the industry and attractiveness of these assets. Senior housing providers and investors who - [Recent GDP Figures Give Fed Officials Something New to Think About](https://www.cambridgecap.com/blog/recent-gdp-figures-give-fed-officials-something-new-think/) - The second quarter’s strong GDP growth has given Federal Reserve officials some additional things to think about as they deliberate when to raise the central bank’s benchmark federal funds rate and by how much. While no one is exactly sure when this will happen, the general consensus among Fed watchers is that the Fed will - [Second Quarter Economic Growth Exceeds Expectations](https://www.cambridgecap.com/blog/second-quarter-economic-growth-exceeds-expectations/) - Last week, the Department of Commerce reported that the nation’s gross domestic product, or GDP, grew at an annual rate of 4% during the second quarter. Although this figure is an advanced estimate and will be revised at some point in the future, it is still a huge improvement from the -2.1% GDP figure that - [Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-3/) - In yesterday’s article we discussed the rapid pace that mergers and acquisitions in the senior housing space are undergoing this year. In today’s article we will provide some specific examples of acquisitions that demonstrate this. These transactions are being fueled by increasing demand for senior housing services and low interest rates. Although demand is projected - [Senior Housing Assets Continue to Draw Interest](https://www.cambridgecap.com/blog/senior-housing-assets-continue-draw-interest/) - Earlier this week we discussed how new entrants in the senior housing space and continued low interest rates have quickened the pace of mergers and acquisitions in the sector. We also discussed some specific purchases in Illinois that helped illustrate the attractiveness of senior housing assets in that state. Today we will expound on this - [Construction Growth Reflects the Demand for Senior Housing Services](https://www.cambridgecap.com/blog/construction-growth-reflects-demand-senior-housing-services/) - Earlier this week we discussed how M&A activity in the senior housing space has progressed rapidly this year and some of the factors that are driving it, including low interest rates and increased demand for senior housing services. The uptick in demand is partially due to economic growth, which is providing more seniors with the - [Senior Housing Mergers and Acquisitions Continue at a Rapid Pace](https://www.cambridgecap.com/blog/senior-housing-mergers-acquisitions-continue-rapid-pace/) - Fueled by low interest rates and increasing demand for senior housing services, mergers and acquisitions in the senior housing space continued to accelerate in the second quarter. M&A activity will most likely remain strong during the remainder of the year as industry participants and others seek to take advantage of opportunities in the space before - [The Federal Reserve’s July Beige Book Shows a Growing Economy](https://www.cambridgecap.com/blog/federal-reserves-july-beige-book-shows-growing-economy/) - The Federal Reserve recently published July’s Beige Book, which summarizes anecdotal evidence and surveys from the Fed’s 12 District banks to gauge how the economy is doing. Senior housing providers will be happy to learn that according to the Beige Book, the economy is continuing to expand. As the economy grows and the unemployment rate - [Providers Take Advantage of Unique Opportunities in Senior Housing](https://www.cambridgecap.com/blog/providers-take-advantage-unique-opportunities-senior-housing/) - As the construction of senior housing communities continues at a steady space, some senior housing providers have begun to take a unique approach to developing new communities. Specifically, in addition to using market research to determine the best places to build, they are also increasingly looking at zoning laws to help them decide where they - [Memory Care Communities Increase in Popularity Amongst Senior Housing Providers](https://www.cambridgecap.com/blog/memory-care-communities-increase-popularity-amongst-senior-housing-providers/) - According to industry data, many senior housing providers are increasingly focusing their construction efforts on memory care facilities instead of other property types. There are many reasons for this, ranging from the possibility of significant financial returns, to the desire of providers to meet increased demand for memory care services. Memory Care Communities Can Offer - [An Insider’s Outlook on Senior Housing](https://www.cambridgecap.com/blog/insiders-outlook-senior-housing/) - CBRE, one of the nation’s leading real estate service firms, recently released its Cap Rate Survey, which contained a plethora of information that senior housing industry participants will find interesting. Overall, the report generally confirms the attractiveness of senior housing assets and also provides some insight into where the industry might go in the future. - [Fed Chairman Janet Yellen Pushes Back Against Proposals to Change Monetary Policy](https://www.cambridgecap.com/blog/fed-chairman-janet-yellen-pushes-back-proposals-change-monetary-policy/) - Last week, in addition to testimony that Fed Chairman Janet Yellen gave the Senate Banking Committee regarding her views on interest rates, the economy, inflation, and the job market, she also testified before the House Financial Services Committee where she pushed back against a proposal to change the way the Fed administers its benchmark federal - [Fed Chairman Gives Semiannual Report to Congress](https://www.cambridgecap.com/blog/fed-chairman-gives-semiannual-report-congress/) - Last week, Federal Reserve Chairman Janet Yellen gave her semiannual report to Congress. Her testimony to the Senate Banking Committee was particularly instructive and covered a wide range of topics including the economy, the labor market, interest rates, inflation, and asset bubbles. Fed watchers and others who have a stake in the Federal Reserve’s monetary - [An Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-2/) - According to information that was recently published by the National Investment Center for the Seniors Housing and Care Industry, senior housing occupancy rates rose in the second quarter, further demonstrating the demand for the services they provide. Senior housing providers and investors alike are continuing to take advantage of this demand by acquiring senior housing - [Bank Lending is On the Rise](https://www.cambridgecap.com/blog/bank-lending-rise/) - According to data from the Federal Reserve, the nation’s banks have increased their lending activity during the past few months. In addition to banks, alternative lenders like the Chicago-based financing firm Cambridge Realty Capital are also available to lend funds to parties that are seeking capital. Cambridge Realty Capital has over 30 years of experience - [July’s Jobs Report Is Unlikely to Move Fed Officials](https://www.cambridgecap.com/blog/julys-jobs-report-unlikely-move-fed-officials/) - According to the jobs report that was just published by the Commerce Department, the economy created 209,000 jobs in July. Federal Reserve officials are undoubtedly pouring over specific information in the report and will take it into account during their deliberations on monetary policy. Before the Fed raises interest rates as it is expected to - [Senior Housing Services Continue to Experience Strong Demand](https://www.cambridgecap.com/blog/senior-housing-services-continue-experience-strong-demand/) - Worries by some analysts that senior housing construction is outpacing demand for senior housing services appear to be overblown, as numerous private and public sector entities continue to develop senior housing properties. The fact that actors in both of these sectors are working hard to develop additional communities provides evidence of the strong demand for - [How Medicaid Cost Shifting Can Affect Skilled Nursing Facilities](https://www.cambridgecap.com/blog/medicaid-cost-shifting-can-affect-skilled-nursing-facilities/) - The General Accounting Office (GAO) recently published a report highlighting the growing practice of states using provider taxes to avoid funding Medicaid expenses from their general funds, and the impact that this is having on the federal government. These taxes are referred to as “bed taxes” in the industry and apply primarily to skilled nursing - [Is a Bubble Forming In the Senior Housing Market?](https://www.cambridgecap.com/blog/bubble-forming-senior-housing-market/) - The record-breaking number of deals occurring in the senior housing industry, and the accompanying increase in housing facility construction in the space, are lately fueling concerns over the possible formation of a senior housing asset bubble. Nevertheless, most analysts still believe that the industry’s strong fundamentals warrant the kind of activity currently taking place. While - [How a Retirement at the Federal Reserve Could Impact Interest Rates](https://www.cambridgecap.com/blog/retirement-federal-reserve-impact-interest-rates/) - Richard Fisher, president of the Federal Reserve Bank of Dallas, voting member of the Federal Reserve’s Open Market Committee (FOMC), and one of the more hawkish members at the Fed, is due to retire in 2015. As a voting member of the FOMC, Mr. Fisher holds considerable influence over monetary policy and interest rate changes. - [Lower Loss Rates Could Lead to Increased CRE Lending](https://www.cambridgecap.com/blog/lower-loss-rates-lead-increased-cre-lending/) - During the financial crisis that precipitated the last recession, and for a period of time afterward, banks and other commercial real estate lenders suffered significant losses on bad loans, forcing many of them to close or merge with other financial firms. It also left them hesitant to loan funds to anyone but the most creditworthy - [Fed Watchers Keep a Close Eye on Annual Retreat](https://www.cambridgecap.com/blog/fed-watchers-keep-close-eye-annual-retreat/) - The Federal Reserve’s annual meeting is underway in Jackson Hole, Wyoming, and Fed watchers from across the country are looking for clues as to when the central bank might raise interest rates. Most economists believe the Fed will raise rates sometime in first half of 2015, and hope Fed officials will help to solidify their - [The Federal Reserve’s Loan Survey Reveals Growth in Lending](https://www.cambridgecap.com/blog/federal-reserves-loan-survey-reveals-growth-lending/) - The Federal Reserve recently released its quarterly Senior Loan Officer Opinion Survey, and its findings indicate that lending is picking up across a range of categories. Although the survey is specific to bank lending, other lenders are playing a significant role in the market for capital as well. One such lender is Cambridge Realty Capital. This Chicago-based - [Senior Housing Redevelopments Can Help Boost Value](https://www.cambridgecap.com/blog/senior-housing-redevelopments-can-help-boost-value/) - So far this year, acquisitions in senior housing are proceeding at a rapid pace, further demonstrating the attractiveness of these assets. In addition to purchasing senior housing properties, a growing number of providers are beginning to renovate properties in an effort to boost occupancy, increase their net operating income, and add value to their investments. - [A Final Note on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/final-note-senior-housing-acquisitions/) - So far this week we’ve discussed a number of acquisitions that range from larger transactions like Brookdale Senior Living’s multi-billion purchase of Emeritus and NorthStar Realty Finance Corp.’s purchase of Griffin-American Health Care REIT II, to smaller deals like Capital Senior Living’s purchase of two senior housing properties in Wisconsin and Virginia for $33.9 million. - [Senior Housing Acquisitions Maintain Their Strong Pace](https://www.cambridgecap.com/blog/senior-housing-acquisitions-maintain-strong-pace/) - In addition to the senior housing acquisitions in the West and Midwest regions of the country that we discussed yesterday, additional activity continues to take place in other areas of the U.S. as well. The volume and geographic diversity of these transactions demonstrates the attractiveness of senior housing assets. As the industry’s strong fundamentals continue - [Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-4/) - In addition to the major NorthStar acquisition we discussed yesterday, a number of other senior housing acquisitions have recently taken place that demonstrate the strong demand for these assets and the desire of many different parties to own them. These acquisitions are taking place across the country and are being driven by low interest rates - [A Major Acquisition Takes Place in the Senior Housing Space](https://www.cambridgecap.com/blog/major-acquisition-takes-place-senior-housing-space/) - Earlier this year, Brookdale Senior Living announced that it would be purchasing Emeritus in 2014’s first major senior housing deal. Since then mergers and acquisitions have continued at a robust pace thanks to low interest rates and strong demand for senior housing services. Senior housing providers and investors who are seeking inexpensive capital to take - [Skilled Nursing Facilities Get a Boost from Medicare](https://www.cambridgecap.com/blog/skilled-nursing-facilities-get-boost-medicare/) - The Centers for Medicare and Medicaid Services (CMS) recently announced that Medicare reimbursements for skilled nursing facilities (SNFs) would increase by $750 million next year. These funds will help SNFs satisfy the additional demand for their services that’s being generated by the aging of the population. Industry participants who would like to take advantage of - [A Federal Reserve Member Speaks Out Against Current Monetary Policy](https://www.cambridgecap.com/blog/federal-reserve-member-speaks-current-monetary-policy/) - With the economy on the mend, the unemployment rate dropping, and the Federal Reserve winding down its quantitative easing program, Federal Reserve members are increasingly turning their attention to the central bank’s benchmark federal funds rate, and debating when to increase it from the near zero level where it has stood since December 2008. One - [The Federal Reserve Stays the Course on Interest Rates](https://www.cambridgecap.com/blog/federal-reserve-stays-course-interest-rates/) - The Federal Reserve’s Open Market Committee (FOMC) recently concluded its October meeting. It released a statement shortly thereafter affirming it would, for now, keep the federal funds rate at its current level of near zero, and would continue winding down its quantitative easing program. Low interest rates are one of the main factors driving acquisition - [Fed Hawks Push for Higher Interest Rates](https://www.cambridgecap.com/blog/fed-hawks-push-higher-interest-rates/) - The Federal Reserve’s Open Market Committee vote on monetary policy last week was nearly unanimous, with eight out of ten members voting in the affirmative. The two dissenting members were Richard Fisher, president of the Federal Reserve Bank of Dallas, and Charles Plosser, president of the Federal Reserve Bank of Philadelphia, both of whom would - [Another Retirement Rocks the Federal Reserve](https://www.cambridgecap.com/blog/another-retirement-rocks-federal-reserve/) - Yesterday we discussed how Richard Fisher, president of the Federal Reserve Bank of Dallas, is slated to retire next year, and the impact that this could have on monetary policy. Today we discuss another recently announced retirement at the Fed that could also impact on monetary policy. How the Federal Reserve administers monetary policy and - [HUD Updates a Rule for Its Section 232 Program](https://www.cambridgecap.com/blog/hud-updates-rule-section-232-program/) - The Department of Housing and Urban Development (HUD) recently proposed a new rule that affects its Section 232 program. Senior housing owners and operators who either use this program or are considering using it should familiarize themselves with the proposed rule, and can comment on it if they choose. HUD’s 232 program is extremely important - [Senior Housing Providers See Opportunities Ahead](https://www.cambridgecap.com/blog/senior-housing-providers-see-opportunities-ahead/) - Increasing demand and continued low interest rates are combining to increase the value of senior housing properties. Now, many senior housing providers are taking advantage of new opportunities in the sector to boost their occupancy, net operating income, and valuations. Specifically, these providers are working more with hospitals and rehabilitation centers to attract more temporary - [A New Platform Moves to Take Advantage of a Dynamic Senior Housing Market](https://www.cambridgecap.com/blog/new-platform-moves-take-advantage-dynamic-senior-housing-market/) - The Chicago-based investment firm Chicago Pacific Founders (CPF) recently unveiled its new senior housing platform, CPF Living Communities. CPF intends to use this platform to invest approximately $250 million in senior housing assets over the next few years. While CPF is yet to decide on the precise allocation of these funds, they could include investments - [Memory Care Developments Continue at a Fast Pace](https://www.cambridgecap.com/blog/memory-care-developments-continue-fast-pace/) - In addition to the information relayed at the National Investment Center for Seniors Housing and Care’s (NIC) annual conference on the concentration of new assisted living developments in a few areas, it is worth noting that, amongst the different senior housing categories, memory care is experiencing the most construction on a percentage basis. This is - [The September Jobs Report and Its Impact on Seniors Housing](https://www.cambridgecap.com/blog/september-jobs-report-impact-seniors-housing/) - According to the Department of Labor, the economy created 248,000 in September and the unemployment rate fell from 6.1 percent to 5.9 percent. The debate now is whether these figures are enough to motivate the Federal Reserve to raise interest rates sooner than projected. While interest rates remain low, senior housing providers and investors seeking - [A Texas-Based Senior Living Provider Aims to Grow Through a Large Acquisition](https://www.cambridgecap.com/blog/texas-based-senior-living-provider-aims-grow-large-acquisition/) - One of the strategies that senior living providers are embarking upon in today’s era of low interest rates is to grow their portfolios through acquisitions. This recently became more apparent with the announcement by Dallas-based Buckner Retirement Systems (BRS) that it will seek to acquire or enter into an affiliation with Sears Methodist Retirement Systems, - [Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-7/) - Encouraged by increased valuations caused by low interest rates and strong demand for senior housing services, senior housing providers and investors continue to acquire properties at a rapid clip all across the country. Acquisition Activity Ramps Up in the West and Midwest In addition to recently launching a $250 million senior living platform, Chicago Pacific Founders - [Assisted Living Developers Concentrate on a Few Markets](https://www.cambridgecap.com/blog/assisted-living-developers-concentrate-markets/) - According to information released at the National Investment Center for Seniors Housing & Care Industry’s (NIC) annual conference in Chicago last week, assisted living development is currently concentrated in a few specific metro areas. Approximately 70 percent of new development is taking place in just ten metro markets across the country as senior housing developers - [Large REITs Discuss the Senior Housing Industry in Chicago](https://www.cambridgecap.com/blog/large-reits-discuss-senior-housing-industry-chicago/) - At the recently concluded National Investment Conference for Seniors Housing and Care in Chicago, the CEOs of some of the largest real estate investment trusts got together to discuss the current state of senior housing and what the future might hold. The Current State of Senior Housing The attendees of the conference included Debra Cafaro, - [Non-Traded REITs Remain Active in Senior Housing](https://www.cambridgecap.com/blog/non-traded-reits-remain-active-senior-housing/) - At this year’s National Investment Conference for Seniors Housing and Care that just wrapped up in Chicago, a number of discussions centered around the role of large real estate investment trusts and non-traded real estate investment trusts in the senior housing space. The other day we discussed the role of large REITs in the sector, - [Sale/Leasebacks Play a Role In Recent Senior Housing Acquisitions](https://www.cambridgecap.com/blog/saleleasebacks-play-role-recent-senior-housing-acquisitions/) - As 2014’s fourth-quarter gets underway and speculation on the timing of interest rate hikes by the Federal Reserve abounds, senior housing providers and investors continue to take advantage of today’s low interest rates by acquiring additional senior housing assets to boost their portfolios. Before the Federal Reserve does move to raise interest rates and the - [Local Governments Help Develop Senior Housing Communities](https://www.cambridgecap.com/blog/local-governments-help-develop-senior-housing-communities/) - The fourth quarter is now underway, and based on anecdotal evidence in the industry, senior housing communities are continuing to sprout up at a steady clip. At various times this year, some industry watchers expressed concern that too much development was taking place, and that this would eventually lead to a glut of supply in - [More News on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/news-senior-housing-acquisitions/) - Earlier this week we discussed how some senior housing participants are using sale/leasebacks to enhance their portfolios. In addition to this method, many senior housing providers and investors continue to take advantage of the market’s strong dynamics by engaging in standard acquisitions of senior housing assets. There are examples of this happening all across the - [A New Report Provides Valuable Information to Memory Care Providers](https://www.cambridgecap.com/blog/new-report-provides-valuable-information-memory-care-providers/) - A recent report from A Place for Mom includes valuable information that long-term care (“LTC”) providers can use to tailor their marketing efforts and improve occupancy rates. New memory care facilities across the country will also find the report helpful as they start opening their doors and targeting potential residents to move in. Higher occupancy - [Fed Officials Differ on Interest Rate Hikes – Part I of II](https://www.cambridgecap.com/blog/fed-officials-differ-interest-rate-hikes-part-ii/) - While members of the Federal Reserve continue to deliberate the timing of interest rate hikes behind closed doors, two members particular are increasingly making their views on this subject public. These two members are Charles Plosser, the outgoing President of the Federal Reserve Bank of Philadelphia, and Charles Evans, the President of the Federal Reserve - [Cambridge Provides A $14 Million HUD Loan To Refinance Alden Estates Of Northmoor Of Chicago, IL](https://www.cambridgecap.com/blog/cambridge-provides-a-14-million-hud-loan-to-refinance-alden-estates-of-northmoor-of-chicago-il/) - Cambridge Realty Capital Companies reports providing a $14,015,400 HUD Lean loan to refinance Alden Estates of Northmoor, a 198-bed skilled care nursing facility located in Chicago, IL. Jeffrey A. Davis, Cambridge President, said the fully-amortized, 32-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section - [Cambridge Provides A $12 Million HUD Loan To Refinance Alden Town Manor Of Cicero, IL](https://www.cambridgecap.com/blog/cambridge-provides-a-12-million-hud-loan-to-refinance-alden-town-manor-of-cicero-il/) - Cambridge Realty Capital Companies reports providing a $12,722,300 HUD Lean loan to refinance Alden Town Manor, a 249-bed skilled care nursing facility located in Cicero, IL. Jeffrey A. Davis, Cambridge President, said the fully-amortized, 35-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(a)(7) - [Cambridge Provides A $7 Million HUD Loan To Refinance Alden Princeton Rehabilitation And Health Care Of Chicago, IL](https://www.cambridgecap.com/blog/cambridge-provides-a-7-million-hud-loan-to-refinance-alden-princeton-rehabilitation-and-health-care-of-chicago-il/) - Cambridge Realty Capital Companies reports providing a $7,836,900 HUD Lean loan to refinance Alden Princeton Rehabilitation and Health Care Center of Chicago, IL, a 225-bed skilled care nursing facility located in Chicago, IL. Jeffrey A. Davis, Cambridge President, said the fully-amortized, 40-year loan was provided for the owner, an Illinois limited liability company, using the - [Cambridge Provides A $16,300,000 HUD Lean Loan To Refinance Anberry Transitional Care Located In Merced, CA](https://www.cambridgecap.com/blog/cambridge-provides-a-16300000-hud-lean-loan-to-refinance-anberry-transitional-care-located-in-merced-ca/) - Cambridge Realty Capital Companies reports providing a $16,305,100 HUD Lean loan to refinance Anberry Transitional Care, a 72-bed skilled nursing care facility, located in Merced, California. Jeffrey A. Davis, Cambridge President, said the fully amortized, 35-year loan was provided for the owner, a California limited partnership, using the HUD Section 232 pursuant to Section 223(f) - [Seniors Should Consider Making The Housing Transition Sooner Rather Than Later](https://www.cambridgecap.com/blog/seniors-should-consider-making-the-housing-transition-sooner-rather-than-later/) - Recently released statistics indicate that the cost of senior housing has not risen along with general inflation rates. "Right now, the senior housing marketplace is enjoying fairly stable rates," noted Cambridge Realty Capital President Jeffrey Davis. While housing prices in almost every other category have increased, senior housing is about the same as it was - [Cambridge Provides A $14 Million HUD Lean Loan To Refinance Alden Estates Of Barrington, IL](https://www.cambridgecap.com/blog/cambridge-provides-a-14-million-hud-lean-loan-to-refinance-alden-estates-of-barrington-il/) - Cambridge Realty Capital Companies reports providing a $14,100,000 HUD Lean loan to refinance Alden Estates of Barrington, a 150-bed skilled care nursing facility located in Barrington, IL. Jeffrey A. Davis, Cambridge President, said the fully-amortized, 40-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section - [Cambridge Provides An $11 Million HUD Lean Loan To Refinance Alden Lakeland Of Chicago, IL](https://www.cambridgecap.com/blog/cambridge-provides-an-11-million-hud-lean-loan-to-refinance-alden-lakeland-of-chicago-il/) - Cambridge Realty Capital Companies reports providing an $11,977,000 HUD Lean loan to refinance Alden Lakeland, a 300-bed skilled care nursing facility, located in Chicago, Il. Jeffrey A. Davis, Cambridge President, said the fully-amortized, 40-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(a)(7) funding - [Cambridge Provides A $12 Million HUD Lean Loan To Refinance Alden Village North Of Chicago, IL](https://www.cambridgecap.com/blog/cambridge-provides-a-12-million-hud-lean-loan-to-refinance-alden-village-north/) - Cambridge Realty Capital Companies reports providing a $12,960,000 HUD Lean loan to refinance Alden Village North, a 150-bed skilled care nursing facility located in Chicago, IL. Jeffrey A. Davis, Cambridge President, said the fully-amortized, 38-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(a)(7) - [Memory Care in Assisted Living Communities](https://www.cambridgecap.com/blog/memory-care-assisted-living-communities/) - Cambridge Realty Capital has created a video series entitled “Message From the Founders,” in which we answer common questions relating to senior housing finance. The most recent installment features Cambridge Realty Capital’s founder and CEO Jeffrey A. Davis discussing the current state of memory care in this country. This is an extremely important topic, as - [Cambridge Realty Capital Founder Reflects on How Cambridge Became a Leading Senior Housing Lender](https://www.cambridgecap.com/blog/cambridge-realty-capital-founder-reflects-cambridge-became-leading-senior-housing-lender/) - Cambridge Realty Capital celebrated its 30th anniversary in 2013. Thirty-two years ago, Chairman and Founder Jeffrey A. Davis decided to leave his Vice President position with one of the country’s oldest real estate brokerage firms and set out on his own to create Cambridge Realty Capital. Cambridge was founded “on the premise that a sole - [Interested in HUD’s Interest Rate Reduction Program? Talk to Cambridge Realty Capital](https://www.cambridgecap.com/blog/interested-huds-interest-rate-reduction-program-talk-cambridge-realty-capital/) - Late last month, Cambridge Realty Capital Companies arranged an $8.6 million HUD Lean loan to refinance the Riverside Nursing Center. Riverside is a 180-bed skilled nursing care facility in Dayton, Ohio. The loan was arranged using the HUD Section 232 pursuant to Section 223(f) funding program. Cambridge underwrote the transaction. When it comes to senior - [Cambridge Arranges $9 Million HUD Loan To Refinance Lakeland Rehabilitation Located In Effingham, IL](https://www.cambridgecap.com/blog/cambridge-arranges-9-million-hud-loan-refinance-lakeland-rehabilitation-located-effingham-il/) - Cambridge Realty Capital Companies reports arranging a $9,050,000 HUD Lean loan to refinance Lakeland Rehabilitation, a 141-bed skilled nursing care facility, located in Effingham, Illinois. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 35-year loan was arranged for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding - [Cambridge Arranges $32.7 Million HUD Loan To Refinance Zion Towers Located In Baltimore, MD](https://www.cambridgecap.com/blog/cambridge-arranges-32-7-million-hud-loan-to-refinance-zion-towers-located-in-baltimore-md/) - Cambridge Realty Capital Companies reports funding a $32,750,000 HUD insured loan to purchase and moderately rehabilitate Zion Towers, a 211-unit affordable elderly housing complex located in Baltimore, MD. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, non-recourse 35-year term loan was provided to the owner, a Delaware limited liability company, using the HUD Section 207 - [Cambridge Closes 3 HUD Loans Totaling $28,400,000 In Unique Collaboration With Both Lessee And Lessor To Help Facilitate Mutual Goals](https://www.cambridgecap.com/blog/cambridge-closes-3-hud-loans-totaling-28400000-in-unique-collaboration-with-both-lessee-and-lessor-to-help-facilitate-mutual-goals/) - Cambridge Realty Capital Companies reports arranging three loans to fund three Ohio properties owned by Continuing Healthcare. The deals included a $6,080,000 HUD Lean loan to refinance The Suites at Continuing Healthcare in Niles, OH; a $6,400,000 HUD Lean loan to refinance Continuing Healthcare of Milan in Milan, OH; and a $15,920,000 HUD Lean loan - [Cambridge Arranges A $4.1 Million HUD Loan To Refinance Cabot Cove Of Largo Located In Largo, FL](https://www.cambridgecap.com/blog/cambridge-arranges-a-4-1-million-hud-loan-to-refinance-cabot-cove-of-largo-located-in-largo-fl/) - Cambridge Realty Capital Companies reports arranging a $4,100,000 HUD Lean loan to refinance Cabot Cove of Largo, a 63-bed assisted living facility, located in Largo, Florida. Jeffrey A. Davis, Cambridge President, said the fully amortized, 33-year 8-month loan was arranged for the owner, a Florida limited liability company, using the HUD Section 232 pursuant to - [Cambridge Provides $24 Million In HUD Lean Loans To Refinance Two Ohio SNF Properties](https://www.cambridgecap.com/blog/cambridge-provides-24-million-in-hud-lean-loans-to-refinance-two-ohio-snf-properties/) - Cambridge Realty Capital Companies reports providing two HUD Lean loans totaling $24 million to refinance The Vista Care Center of Lisbon, OH and Vista Center at The Ridge of Mineral Ridge, OH. Jeffrey A. Davis, Cambridge President, said the fully amortized, 30 and 35-year loans were provided for the owner, an Ohio limited liability company, - [Cambridge Provides A $7 Million HUD Lean Loan To Refinance The Pontiac Supportive Living Located In Pontiac, IL](https://www.cambridgecap.com/blog/cambridge-provides-a-7-million-hud-lean-loan-to-refinance-the-pontiac-supportive-living-located-in-pontiac-il/) - Cambridge Realty Capital Companies reports providing a $7,600,000 HUD Lean loan to refinance Pontiac Supportive Living, a 60-bed supportive living facility, located in Pontiac, Illinois. Jeffrey A. Davis, Cambridge President, said the fully amortized, 35-year loan was provided for the owner, an Illinois limited liability, company using the HUD Section 232 pursuant to Section 223(f) - [Cambridge Provides A $9,800,000 HUD Loan To Refinance Laurel Manor Healthcare And Rehabilitation Center Located In Stratford, NJ](https://www.cambridgecap.com/blog/cambridge-provides-a-9800000-hud-loan-to-refinance-laurel-manor-healthcare-and-rehabilitation-center-located-in-stratford-nj/) - Cambridge Realty Capital Companies reports providing a $9,800,000 HUD Lean loan to refinance Laurel Manor Healthcare and Rehabilitation Center, a 104-bed skilled nursing care facility located in Stratford, New Jersey. Jeffrey A. Davis, Cambridge President, said the fully amortized, 30-year loan was provided for the owner, a New Jersey limited liability company, using the HUD - [Cambridge Provides A $12 Million HUD Lean Loan To Refinance Alden Alma Nelson Manor Located In Rockford, IL.](https://www.cambridgecap.com/blog/cambridge-provides-a-12-million-hud-lean-loan-to-refinance-alden-alma-nelson-manor-located-in-rockford-il/) - Cambridge Realty Capital Companies reports providing a $12,036,800 HUD Lean loan to refinance Alden Alma Nelson Manor, a 270-bed skilled nursing care facility located in Rockford, IL. Jeffrey A. Davis, Cambridge President, said the fully amortized, 35-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to - [Cambridge Provides A $3 Million HUD Lean Loan To Purchase Maple Creek Of Lakewood, Located In Lakewood, WA](https://www.cambridgecap.com/blog/cambridge-provides-a-3-million-hud-lean-loan-to-purchase-maple-creek-of-lakewood-located-in-lakewood-wa/) - Cambridge Realty Capital Companies reports providing a $3,111,000 HUD Lean loan to purchase Maple Creek of Lakewood, a 75-bed assisted living facility, located in Lakewood, WA. Jeffrey A. Davis, Cambridge President, said the fully amortized, 30-year loan was provided for the Oregon owner’s managing members, Maple Creek Venture, LLC and Dr. Christian A. Mason, using - [Momentum Continues Into 2021 For Cambridge](https://www.cambridgecap.com/blog/momentum-continues-into-2021-for-cambridge/) - Cambridge had a strong finish to 2020, and now the closing numbers for the first months of 2021 indicate that the momentum continues. In spite of the chaos produced by the COVID-19 pandemic and the hits taken by the economy, Cambridge closed 17 deals worth a total of $177 million. Cambridge Realty Capital President Jeffrey - [Long Term Relationships Indicative Of Cambridge’s Expertise And Partnership Mindset](https://www.cambridgecap.com/blog/long-term-relationships-indicative-of-cambridges-expertise-and-partnership-mindset/) - One of the truest tests of any business’s skill and professionalism is its performance and reputation over time. When Cambridge Realty Capital was first established in the 1980s, founder and President Jeffrey Davis set out to build a company that would not just stand the test of time but thrive and grow through relationship-building. When - [HUD Still Offers The Best Rates And Terms In The Marketplace, Say Cambridge Presidents](https://www.cambridgecap.com/blog/hud-still-offers-the-best-rates-and-terms-in-the-marketplace-say-cambridge-presidents/) - When Jeffrey Davis first started Cambridge Realty Capital in 1983, it served a broad real estate market, providing capital for all types of commercial real estate. Two years later, current President Andrew Erkes joined Davis in the young startup, bringing with him several years of experience working with HUD-insured multifamily and healthcare real estate loans. - [Cambridge Closes $150,000,000 In IRR Loans … Low Interest Rates Continue To Benefit Cambridge Borrowers](https://www.cambridgecap.com/blog/cambridge-closes-150000000-in-irr-loans-low-interest-rates-continue-to-benefit-cambridge-borrowers/) - Cambridge Realty Capital recently released its first quarter statistics, and the IRR trend has proved to continue into 2021. “It’s an extraordinary time for Cambridge’s business,” noted Cambridge President Jeffrey Davis. “The COVID-19 pandemic has changed so many things in everyone’s landscape and for Cambridge, it has meant a shift in focus to a product - [Senior Housing/Healthcare Lenders Have Voracious Appetite for Information](https://www.cambridgecap.com/blog/senior-housinghealthcare-lenders-voracious-appetite-information/) - The senior housing/healthcare industry may be on a roll, but this doesn’t mean borrowers will not be required to thoroughly explain their business plans and motives to their lender of choice. Cambridge Realty Capital Companies Senior Vice President Brent Holman-Gomez says borrowers seeking capital in the years ahead will find that successful lenders still have - [Compliance Documents Are Key to Happy-Ever-After Endings](https://www.cambridgecap.com/blog/compliance-documents-key-happy-ever-endings/) - It may sound like a dull topic, but working with well-conceived and thoughtfully structured Lease Compliance or Management Compliance documents in senior housing ownership can be the key to happily-ever-after endings for participants in senior housing /healthcare partnership arrangements. “This especially applies when property owners retain third-party management to operate senior housing businesses,” says Cambridge - [Cambridge Closes $441,000,000 In 46 IRR Loans During Last Nine Months Of 2020](https://www.cambridgecap.com/blog/cambridge-closes-441000000-in-46-irr-loans-during-last-nine-months-of-2020/) - The COVID-19 pandemic changed many things when it was first declared in early 2020, not the least of which is the way the world conducts business. Shifting from in-person to virtual exchanges was the first of many adjustments for businesses. Cambridge President Jeffrey Davis noted that much of Cambridge's focus shifted toward products that became - [Informed Clients Are Happy Clients, Cambridge Chairman Believes](https://www.cambridgecap.com/blog/informed-clients-are-happy-clients-cambridge-chairman-believes/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis has a theory regarding the best way to stay in a client’s good graces. “Being responsive is an important concept. Also, making certain your clients are well-informed can make a huge difference in the way things turn out,” he advises. As one of the nation’s leading senior - [Cambridge Testimonial – 2020 – A Banner Year For IRR Loans](https://www.cambridgecap.com/blog/cambridge-testimonial-2020-a-banner-year-for-irr-loans/) - In spite of the curveball that 2020 threw to senior living operators, it became the perfect year for HUD borrowers to take advantage of dropping interest rates through Cambridge’s IRR loan program. The IRR (Interest Rate Reduction) program allows existing HUD loan holders to modify their existing HUD loan in order to get a lower - [IRR Loans Continue To Dominate As Cambridge Enters Into 2021](https://www.cambridgecap.com/blog/irr-loans-continue-to-dominate-as-cambridge-enters-into-2021/) - IRR loans dominated Cambridge's landscape in 2020, and January's IRR closings are keeping pace. Cambridge President Jeffrey Davis is pleased with the momentum so far. "Though interest rates have risen, rates are still very attractive to borrowers," he commented. The IRR (interest rate reduction) loan is a unique product available to HUD 232 borrowers to - [HUD Still A Robust Program With An Inspiring Mission](https://www.cambridgecap.com/blog/hud-still-a-robust-program-with-an-inspiring-mission/) - News of a major HUD loan default by Rosewood Care Centers has filled senior living operators with questions. Plagued with issues for years, Rosewood has been missing payments since 2013 when it stopped paying the mortgage on its flagship property just a year after acquiring it. Yet, experts agree, only a very small percentage of - [A Robust Retirement Savings Plan Should Include Funds For Assisted Living, According To Cambridge President](https://www.cambridgecap.com/blog/a-robust-retirement-savings-plan-should-include-funds-for-assisted-living-according-to-cambridge-president/) - When most Americans think of their retirement years, they picture themselves driving a golf ball on a lush green course, relaxing on a warm beach, or hosting a backyard barbecue while the grandchildren play nearby. What they don't usually envision is a home healthcare aide dropping by twice a week to check their blood pressure, - [Little-Known Multi-Family Housing Lender Providing Stability And Best Rates During Ongoing Pandemic Crisis](https://www.cambridgecap.com/blog/little-known-multi-family-housing-lender-providing-stability-and-best-rates-during-ongoing-pandemic-crisis/) - One year into the pandemic and multi-family housing loan transactions are down and numbers remain flat. Those who are approaching renegotiation time face some tough demands, firstly as they must continue to operate at basic service level, and secondly as they must work diligently to keep residents safe from the Covid-19 pandemic, with the added - [Diakonos Group CFO Calls Cambridge IRR Program Win-Win](https://www.cambridgecap.com/blog/diakonos-group-cfo-calls-cambridge-irr-program-win-win/) - Diakonos Group Chief Financial Officer Jason Bush is used to jumping through hoops when it comes to obtaining financing. The Diakonos Group has worked with Cambridge Realty Capital on a number of HUD loans throughout the years according to Cambridge Senior Managing Director Sampada D’silva, and Bush recalled the process as exacting. But his recent - [COVID-19 Vaccine Is Good News, Says Cambridge CEO, But Also Raises More Questions Says Cambridge CEO](https://www.cambridgecap.com/blog/covid-19-vaccine-is-good-news-says-cambridge-ceo/) - Distribution and administration of the new COVID-19 vaccine is already underway, and while a majority of people are grateful for this breakthrough, there remain some who are skeptical. Many have questions about its efficacy and ability to turn the pandemic around. For his own part, Cambridge Realty Capital President Jeffrey Davis is thankful for a - [In Like a Lamb, Out Like A Lion: How A Global Pandemic Changed Business](https://www.cambridgecap.com/blog/in-like-a-lamb-out-like-a-lion-how-a-global-pandemic-changed-business/) - They say hindsight is 2020, and looking back, it is clearer now to see what may have been missed as the calendar flipped from 2019 to 2020. Labelled at the time simply as “coronavirus,” many Americans watched as a new and mysterious illness made thousands of people sick in China. And though it was alarming, - [Cambridge Closings In 4th Quarter Of For 2020 With $100 Million; $415 Million For Entire Year](https://www.cambridgecap.com/blog/cambridge-closings-in-4th-quarter-of-for-2020-with-100-million-415-million-for-entire-year/) - Cambridge Realty Capital has released its fourth-quarter closings report for 2020 of 13 transactions valued at $100 million, and Cambridge President Jeffrey Davis is happy, considering the current circumstances. “It has been anything but a so-called ‘normal’ year,” he stated, “so the fact that we are able to report the numbers we have is both - [Future For Senior Care Industry Looks Bright](https://www.cambridgecap.com/blog/future-senior-care-industry-looks-bright-2/) - Over the next 10 years, senior housing will leave its “niche” real estate status and become a major part of the commercial real estate landscape, Cambridge Realty Capital Companies Chairman and Founder Jeffrey A. Davis predicts. “Our business transitioned into financing and investing in senior housing and long-term care properties beginning in the early 1990s. - [$360 Million In Loans Closed Year-To-Date...Cambridge Continues To Fund Loans In Conjunction With The HUD 232 Program For Senior Housing And Skilled Nursing Facility Owners](https://www.cambridgecap.com/blog/360-million-in-loans-closed-year-to-date-cambridge-continues-to-fund-loans-in-conjunction-with-the-hud-232-program-for-senior-housing-and-skilled-nursing-facility-owners/) - After a slow start to the year, Cambridge Realty Capital is back to (almost) business as usual. Given the current global circumstances, the lag in business wasn't surprising to Cambridge Realty Capital President Jeffrey Davis. "Everyone was in survival mode in early 2020," Davis recalled. "Loans that were in process experienced delays, and everyone else - [Cambridge Provides $3.2 Million HUD Lean Loan To Refinance Kadie Glen Assisted Living Located In Wenatchee, WA](https://www.cambridgecap.com/blog/cambridge-provides-3-2-million-hud-lean-loan-to-refinance-kadie-glen-assisted-living-located-in-wenatchee-wa/) - Cambridge Realty Capital Companies reports providing a $3,240,000 HUD Lean loan to refinance Kadie Glen Assisted Living, a 62-bed assisted living facility located in Wenatchee, WA. Hymie Barber, Cambridge Realty Capital's National Originations Manager, said the fully-amortized, 32-year loan was provided for the owner, a Washington limited liability company, using the HUD Section 232 pursuant - [Even Oceans Apart, Cambridge Still Manages To Get The Job Done](https://www.cambridgecap.com/blog/even-oceans-apart-cambridge-still-manages-to-get-the-job-done/) - Even separated by continents, Cambridge Realty Capital managed to impress borrower Avraham Wagschal with the speed and efficiency with which it was able to complete a recent transaction. Wagschal, who currently resides in Israel, called his latest dealing with Cambridge “a most pleasant experience.” Cambridge President Jeffrey Davis was pleased, but not entirely surprised, to - [Cambridge Closes 16 IRR HUD Loans In First Half Of 2020](https://www.cambridgecap.com/blog/cambridge-closes-16-irr-hud-loans-in-first-half-of-2020/) - Cambridge Realty Capital Ltd. of Illinois announced that during the first half of 2020, it funded over $200,000,000 in loan modifications, resulting in a lower interest rate for the Borrowers of 16 healthcare facility mortgages which are currently insured by HUD. The healthcare facilities are located in Illinois, California, Ohio, Oklahoma, Texas, New Jersey, and - [Cambridge Clients Taking Advantage Of HUD Pandemic Abatement Measures: Joe Vince](https://www.cambridgecap.com/blog/cambridge-clients-taking-advantage-of-hud-pandemic-abatement-measures-joe-vince/) - The COVID-19 pandemic hit senior living operators like a punch in the gut. Not only were they scrambling to keep the virus from invading their facilities, they were also facing major supply chain disruptions and trying to replace sick staff members, all while trying to stay healthy themselves, and they were feeling the financial fallout. - [Cambridge Clients Taking Advantage Of HUD Pandemic Abatement Measures: Brian Haylor Of CHS](https://www.cambridgecap.com/blog/cambridge-clients-taking-advantage-of-hud-pandemic-abatement-measures-brian-haylor-of-chs/) - Earlier this year, HUD rolled out a series of abatement measures for HUD loan holders to help alleviate some of the stress that senior living operators are facing during the COVID-19 pandemic. “This was welcome news to us here at Cambridge Realty Capital, as well as to our operators,” Cambridge President Jeffrey Davis responded. Senior - [Who Will Be There When Seniors Need Senior Care?](https://www.cambridgecap.com/blog/will-boomers-need-senior-care/) - A recent study by the Center for Retirement Research (CRR) at Boston College has found that less than 20 percent of men and women in their 60s need care. However, by age 85, more than half will require assistance to perform such daily activities as cook meals, tie their shoes, and just get out of - [HUD More Flexible Than Some Might Imagine](https://www.cambridgecap.com/blog/hud-flexible-might-imagine/) - It’s not a well-kept secret. Obtaining approval for attractive HUD financing can be more time-consuming or problematic than some senior housing/healthcare borrowers care to abide by. “Flexibility is not a word borrowers usually associate with the FHA-insured product,” says Cambridge Realty Capital Vice President Tony Marino. Cambridge consistently is ranked among the top HUD lenders - [Cambridge Provides $3.9 Million Hud Lean Loan To Refinance Summer Meadows Located In Longview, TX](https://www.cambridgecap.com/blog/cambridge-provides-3-9-million-hud-lean-loan-to-refinance-summer-meadows/) - Cambridge Realty Capital Companies reports providing a $3,907,100 HUD Lean loan to refinance Summer Meadows, a 115-bed skilled nursing care facility located in Longview, Texas. Hymie Barber, Cambridge Realty Capital's National Originations Manager, said the fully amortized, 29-year loan was arranged for the owner, a New York limited liability company, using the HUD Section 232 - [Lowest Interest Rates In 50 Years Are “Silver Lining” In Pandemic](https://www.cambridgecap.com/blog/lowest-interest-rates-in-50-years-are-silver-lining-in-pandemic/) - These are unprecedented times. Undoubtedly, you’ve heard or read that sentence numerous times over the last few months. Interest rates haven’t been this low in fifty years. “Eventually we’ll be looking back at COVID-19 and the subsequent economic crash of 2020 and talking about it the way we used to talk about the 2008 recession,” - [Some Advice for Senior Housing/healthcare Owners: Put the Needs of Residents First](https://www.cambridgecap.com/blog/some-advice-for-senior-housing-healthcare-owners-put-the-needs-of-residents-first/) - Before anything else, successful senior housing/healthcare owners put the healthcare needs of residents first and foremost, says Cambridge Realty Capital Companies Operations and Asset Manager Brent Holman-Gomez, a senior vice president with the firm. Cambridge is one of the nation’s leading FHA-approved HUD lenders. The company’s principal investment strategy involves direct property acquisitions, sale leasebacks, - [HUD Makes Contingencies For Borrowers During Covid-19 Pandemic](https://www.cambridgecap.com/blog/hud-makes-contingencies-for-borrowers-during-covid-19-pandemic/) - As with millions of other businesses across the US, Cambridge Realty Capital is operating remotely during the COVID-19 pandemic. So while it’s not quite “business as usual,” it’s “about as close as it can be,” according to Cambridge President Jeffrey Davis. And he has some good news to offer to HUD borrowers who may be - [Staff Shortages Still Biggest Challenge Facing Senior Living Operations In 2020, According To New Survey Results](https://www.cambridgecap.com/blog/staff-shortages-still-biggest-challenge-facing-senior-living-operations-in-2020-according-to-new-survey-results/) - Occupancy rates, market competition, and technology are just a few of the most pressing issues currently plaguing the senior living industry, according to the 2020 Senior Housing Outlook Report, the results of a survey conducted by Senior Housing News. However, the issue that remains of greatest concern to operators remains that of staffing. This comes - [Cambridge Realty Capital President's Advice In Light Of Current Events](https://www.cambridgecap.com/blog/cambridge-realty-capital-presidents-advice-in-light-of-current-events/) - If there’s one phrase Cambridge Realty Capital President Jeffrey Davis has heard more than any other in his business, it’s this: “I’m waiting to see if interest rates drop...” Oft uttered by those who are either thinking of borrowing or have floating rates, they are frequently followed by words of regret over missed opportunities because - [Cambridge Rebrands Its CAPITAL WISDOM Series](https://www.cambridgecap.com/blog/cambridge-rebrands-its-capital-wisdom-series/) - Cambridge Realty Capital recently announced it will be rebranding its Capital Wisdom series of publications slightly, a change that will include the phasing out of its Capital Wisdom format altogether and a new release schedule for its Capital Wisdom Extra newsletter. The changes, although subtle, were introduced based on reader feedback and designed to better - [Cambridge President Believes Population Demographics A Key Influencer Of 2019 Increase In HUD 232 Loan Volume Over 2018](https://www.cambridgecap.com/blog/cambridge-president-believes-population-demographics-a-key-influencer-of-2019-increase-in-hud-232-loan-volume-over-2018/) - HUD loan stats were recently released for the 2019 fiscal year, and they seem to indicate a healthy senior living real estate market. The total amount of HUD loan funding granted for the year was $3,700,000,000 up from $3,600,000,000 the previous year. Cambridge Realty Capital Founder and President Jeffrey Davis believes the reason for the - [New HUD Data Points To A Healthy Senior Living New Construction Market](https://www.cambridgecap.com/blog/new-hud-data-points-to-a-healthy-senior-living-new-construction-market/) - Despite reports that construction of new senior housing is sluggish in some parts of the US, the HUD Lean program experienced growth this year. HUD recently released its 2019 fiscal year-end data showing $3.7 billion in loan volume, up from $3.6 million last year. The average loan size was $13 million, which set a new - [Cambridge President Jeffrey Davis Provides Expert Opinion For Senior Living Industry Publication "Multi-Housing News"](https://www.cambridgecap.com/blog/cambridge-president-jeffrey-davis-provides-expert-opinion-for-senior-living-industry-publication-multi-housing-news/) - Multi-Housing News, a respected industry publication, recently sought out Cambridge President Jeffrey Davis for comment for one of a series of MHN articles called Senior Housing Outlook. Davis addressed several aspects of the current state of senior housing as well as offering some predictions for the future of senior living and healthcare. Multi-Housing News has - [The Clock Is Ticking For 2020 HUD Loans According To Cambridge President](https://www.cambridgecap.com/blog/the-clock-is-ticking-for-2020-hud-loans-according-to-cambridge-president/) - As the New Year kicks off, Cambridge Realty Capital President Jeffrey Davis has a recommendation for senior living operators who are hoping to get a HUD loan in 2020: Act now. "It takes six months or more to get a HUD loan, so your deal needs to be moving forward sometime over the next 90 - ["Woulda, Coulda, Shoulda" Common Refrain Among Operators Who Wait Too Long To Move On Locking In Interest Rates](https://www.cambridgecap.com/blog/woulda-coulda-shoulda-common-refrain-among-operators-who-wait-too-long-to-move-on-locking-in-interest-rates/) - When low interest rates linger, it's easy to talk oneself into believing they have ample time to act on locking in their interest rates. In reality, though, "Nothing is permanent, especially low interest rates," says Cambridge Realty Capital President Jeffrey Davis. Getting lulled into complacency by ongoing low interest rates can be a dangerous game - [Avoid Seeking Interest Rate Advice From Other Operators, Says Cambridge President](https://www.cambridgecap.com/blog/avoid-seeking-interest-rate-advice-from-other-operators-says-cambridge-president/) - Cambridge Realty Capital President Jeffrey Davis has seen many senior living owners/operators take financial advice from other owner/operators, only to find themselves paying higher interest rates. "Avoid getting caught up in what other owner/operators say or do with regard to locking in interest rates," he cautions, adding that he has seen many an operator throughout - [Cambridge Client's Experience As A Seller Turned Him Into A Borrower](https://www.cambridgecap.com/blog/cambridge-clients-experience-as-a-seller-turned-him-into-a-borrower/) - Joseph Vince's first experience with Cambridge Realty Capital was as a seller. At the time, Cambridge was representing a buyer purchasing a facility from a company Vince works for. Vince quickly discovered that Cambridge knew its stuff. "I got a few phone calls from Cambridge," Vince stated. Usually, they were looking for paperwork of some - [Thorough Preparation Prevents Glitches From Becoming Roadblocks In HUD Application Process, Say Cambridge Clients](https://www.cambridgecap.com/blog/thorough-preparation-prevents-glitches-from-becoming-roadblocks-in-hud-application-process-say-cambridge-clients/) - Even in an uncomplicated transaction, glitches can and do sometimes happen with a HUD loan. "HUD puts up a lot of hoops for 232 applicants to jump through," admitted Cambridge Realty Capital Founder Jeffrey Davis. "But hoops don't have to equal roadblocks," he adds. "Thoroughly preparing for eventualities ahead of time minimizes the likelihood of - [The Best Financial Partner Is One With Partnerships](https://www.cambridgecap.com/blog/the-best-financial-partner-is-one-with-partnerships/) - The adage that "two heads are better than one" is true for many things, and that includes the institution that you borrow from. In fact, says Cambridge Realty Capital Founder Jeffrey Davis, a dozen (or more) are even better still. "Cambridge has become more and more convinced over the years that 'if you can't teach - [Cambridge Arranges Two Loans Totalling More Than Ten Million Dollars To Refinance Two Oklahoma Properties](https://www.cambridgecap.com/blog/cambridge-arranges-two-loans-totalling-more-than-ten-million-dollars-to-refinance-two-oklahoma-properties/) - Cambridge Realty Capital Companies reports arranging two loans for two properties owned by a single operator. A $2,400,000 HUD Lean loan was granted for North Country Senior Living of Collinsville, Oklahoma, a 125-bed skilled nursing and assisted living facility. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 26-year loan was arranged for the owner, an - [Government Shutdown Delay Is Good News For HUD 232 Borrowers, For Now](https://www.cambridgecap.com/blog/government-shutdown-delay-is-good-news-for-hud-232-borrowers-for-now/) - The government shutdown of 2018/2019 created a bit of a setback for HUD 232 borrowers, but there's no need to worry this year, at least, not yet. Cambridge Realty Capital President Jeffrey Davis is pleased that a continuing resolution was signed in late November, extending funding legislation until late December, meaning that HUD 232 applications - [Today's Senior Living "Wellness Programs" More Than Just Exercise Gyms And Spas](https://www.cambridgecap.com/blog/todays-senior-living-wellness-programs-more-than-just-exercise-gyms-and-spas/) - The definition of "wellness" continues to evolve in society-at-large and senior living facilities across the US are following suit, a prospect that Cambridge Realty Capital Companies Chairman Jeffrey Davis is enthusiastic about. "The old view of integrating wellness into a senior living facility was to offer a few weekly exercise classes in a common room - [Cambridge Pursues New Strategy To Provide Even More Options For Senior Living Operators](https://www.cambridgecap.com/blog/cambridge-pursues-new-strategy-to-provide-even-more-options-for-senior-living-operators/) - "If you can't teach them, join them" is a new twist on an old aphorism which Cambridge Realty Capital President Jeffrey Davis is putting into practice in Cambridge's business. It's a new direction for Cambridge, and it's all for the sake of providing more diverse, creative and accessible capital structures for its clients. "A 70-75% - [Navigating The SNF Operator/Landlord Relationship: Insider Advice From Cambridge President](https://www.cambridgecap.com/blog/navigating-the-snf-operator-landlord-relationship-insider-advice-from-cambridge-president/) - Nursing facility operators don't always see eye-to-eye with their landlord, which can (and sometimes does) lead to conflict. It is something Cambridge Realty Capital President Jeffrey Davis sees frequently. "Conflict" can range from minor disagreements to full-blown disputes and even contract termination threats. "Neither party wants to have conflict. All that each one wants is - [Cambridge And NIC: A Fruitful Courtship Since 1992](https://www.cambridgecap.com/blog/cambridge-and-nic-a-fruitful-courtship-since-1992/) - Common goals and interests drew Cambridge Realty Capital to the National Investment Center for Seniors Housing and Care (NIC) very early in both their years. NIC was just getting started in 1992, and Cambridge was still a relatively new firm and very newly accredited as a HUD 232 lender. "The timing was perfect," said Cambridge - [No Obstacle Too Insurmountable For Cambridge](https://www.cambridgecap.com/blog/no-obstacle-too-insurmountable-for-cambridge/) - Throughout its years in business, Cambridge Realty Capital Companies has established numerous relationships with clients that have turned into repeat business. However, it also deals with a lot of first-time clients who come to Cambridge because other conventional lenders won't work with them, or because their needs are so complex they don't even waste time - [Baby Boomers Least Prepared Generation To Enter Senior Years Since The 1960s](https://www.cambridgecap.com/blog/baby-boomers-least-prepared-generation-to-enter-senior-years-since-the-1960s/) - The outlook for the retirement years of baby boomers, those born between 1946 and 1964, is bleaker than that of previous generations. Studies indicate that baby boomers have less money to retire on than their predecessors. This doesn't come as a surprise to Cambridge Realty Capital President Jeffrey Davis, who knows firsthand the rising cost - [Government Benefits Means Realized Returns](https://www.cambridgecap.com/blog/government-benefits-means-realized-returns/) - Renewed in 2006, the Older Americans Act (OAA), in Title III of the United States Code, was authorized to promote infrastructure to protect the seniors of our country. Heavyweight special interest lobbying muscles behind the AARP and other parties have called upon Congress to reauthorize the Older Americans Act. Furthermore, as the AARP levers more - [Cambridge Realty Capital Seeks New Joint Ventures With Lender](https://www.cambridgecap.com/blog/cambridge-realty-capital-seeks-new-joint-ventures-with-lender/) - Cambridge Realty Capital is always on the lookout for new financial institutions and lenders to forge joint ventures with, says Cambridge President Jeffrey Davis. In fact, he adds, "A variety of different banks and lenders, including those who are active nursing home lenders, seek us out on a continual basis," pointing out that finding ways - [The Only Constant Is Change Motto Drives Cambridge Forward Into Tomorrow](https://www.cambridgecap.com/blog/the-only-constant-is-change-motto-drives-cambridge-forward-into-tomorrow/) - Change is not only inevitable: it's desirable. "Change is a constant," is one of Cambridge Realty Capital's operating mottos and something that President Jeffrey Davis embraces in business. "Change is what drives Cambridge forward. We've never shied away from change here." Indeed, Cambridge's business has evolved considerably from its founding as a lender for general - [Long-Term Relationships Are A Testament To Cambridge's Ability To Deliver Results](https://www.cambridgecap.com/blog/long-term-relationships-are-a-testament-to-cambridges-ability-to-deliver-results/) - Cambridge Realty Capital has been around since 1983, and has been specializing in HUD-insured funding since the 90's. Today, many years later, Cambridge founder Jeffrey Davis and Cambridge President Andrew Erkes are still leading the charge. Some of Cambridge's clients also go back to those early years. Alden Healthcare Management of Illinois Chairman Floyd A. - [Cambridge Executive Suggests Need to Consider Expansion Options](https://www.cambridgecap.com/blog/cambridge-executive-suggests-need-consider-expansion-options/) - Cambridge Realty Capital Companies Senior Vice President Brent Holman-Gomez notes that when a senior housing/healthcare property seems to be operating at its peak, owners often start casting about for new opportunities or ways to make money. This is still another variation on the “bird in the hand being worth two in the bush” theme. “A - [Is your lender the nosy type?](https://www.cambridgecap.com/blog/is-your-lender-the-nosey-type/) - Is this necessarily a BAD thing? Cambridge Realty Capital Companies Chairman Jeffrey Davis says borrowers are sometimes surprised when they learn how forthcoming their lender expects them to be. Get over it, he advises. Davis says lenders expect borrowers to be knowledgeable experts when describing their business. If the borrower hopes to get anywhere, they - [Business Remains Brisk At Cambridge Despite Construction Tariffs, Labor Shortage](https://www.cambridgecap.com/blog/business-remains-brisk-at-cambridge-despite-construction-tariffs-labor-shortage/) - The cost of construction has gone up since President Trump imposed tariffs on certain construction materials, including steel and aluminum. Meanwhile, a continuing skilled labor shortage in the construction industry has also added to the overall cost of building. Nevertheless, Cambridge Realty Capital President Jeffrey Davis remarks that "business is as strong as ever. Our - [HUD Rates One Thing Operators Can Count On In Construction Market Rife With Uncertainties](https://www.cambridgecap.com/blog/hud-rates-one-thing-operators-can-count-on-in-construction-market-rife-with-uncertainties/) - Senior living developers are feeling the squeeze from both recent new tariffs on building materials and the ongoing shortage of skilled laborers. Even though neither situation appears to be improving any time soon, Cambridge Realty Capital President Jeffrey Davis points out that HUD 232 loan interest rates are still highly competitive. Not only are they - [The Small Firm Advantage And Why Cambridge Is The Right Small Firm HUD Lender For You](https://www.cambridgecap.com/blog/the-small-firm-advantage-and-why-cambridge-is-the-right-small-firm-hud-lender-for-you/) - Sometimes HUD 232 borrowers assume that, because they're getting an FHA-insured loan, it doesn't matter what institution they work with. In fact, they may reason that a bigger institution, such as a national chain bank, will have more leverage, greater influence or more efficient processes that will be of some benefit to the borrower. In - [Looking Out For The Client’s Interests Is How Things Are Done At Cambridge](https://www.cambridgecap.com/blog/looking-out-for-the-clients-interests-is-how-things-are-done-at-cambridge/) - Here’s a true story that senior housing/healthcare borrowers may find impressive. A client called to inform Cambridge’s National Originations Manager Hymie Barber that he (the client) had just received an offer from a competitor promising to finance his properties at a rate that would save him lots of money. So why, the client wondered, had - [The World's Economic Impact On Senior Housing](https://www.cambridgecap.com/blog/world-economys-impact-senior-housing/) - What do falling oil prices, the currency crisis in Russia and Europe’s economic outlook back in 2014 have to do with the challenge of successfully managing senior care properties in America? “More than you might think,” says Cambridge Realty Capital Companies Chairman Jeffrey A. Davis. “In our global economy, dramatic headlines heralding significant economic developments - [The Importance of Experience When Vetting HUD Senior Housing Loans](https://www.cambridgecap.com/blog/importance-experience-vetting-hud-senior-housing-loans/) - Are you ready to apply for a HUD loan and in search of the right lender? Where do you start? What are you looking for in a lender? How high is experience on your list? Working with a knowledgeable and experienced lender should be a top priority. This will not just improve your chances for - [Cambridge President Explains Premise Behind HUD 232 And Similarities To HUD 221](https://www.cambridgecap.com/blog/cambridge-president-explains-premise-behind-hud-232-and-similarities-to-hud-221/) - Cambridge Realty Capital Ltd. of Illinois was a young startup when seasoned financier and now-President of this unit, Andrew Erkes, joined its staff in the late 1980s. Prior to his time with Cambridge, Erkes had served as Vice President and Loan Officer with Percy Wilson Mortgage and Finance Group. Erkes was also a HUD-insured lender - [Cambridge Arranges HUD Lean Loan To Refinance Stratford Manor Care And Rehabilitation Located In West Orange, NJ](https://www.cambridgecap.com/blog/cambridge-arranges-hud-lean-loan-to-refinance-stratford-manor-care-and-rehabilitation-located-in-west-orange-nj/) - Cambridge Realty Capital Companies reports arranging a HUD Lean loan to refinance Stratford Manor Care and Rehabilitation, a 131-bed skilled nursing care facility located in West Orange, New Jersey. Hymie Barber, Cambridge National Originations Manager, said the fully amortized, 33-year loan was arranged for the owner, a New Jersey limited liability company, using the HUD - [One-Stop Shopping Not Always Best Choice For Senior Housing Financing, Says Cambridge Exec](https://www.cambridgecap.com/blog/one-stop-shopping-not-always-best-choice-for-senior-housing-financing-says-cambridge-exec/) - Cambridge Realty Capital's Senior Vice President of Originations/Operations and Asset Management Brent Holman-Gomez cautions senior living borrowers about the allure of "one-stop shopping" when it comes to loan products. Big institutions sell potential borrowers on the idea of convenience, being able to get all of your financial needs met in a single location, but this - [Cambridge Arranges $5.3 Million Loan To Refinance Crystal Pines, located in Crystal Lake, Illinois](https://www.cambridgecap.com/blog/cambridge-arranges-5-3-million-loan-to-refinance-crystal-pines-located-in-crystal-lake-illinois/) - Cambridge Realty Capital Companies reports providing a $5,323,500 HUD-Insured loan to refinance Crystal Pines Rehabilitation and Health Care Center, a skilled nursing facility located in Crystal Lake, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 24-year term loan was issued to the owner, a Missouri limited liability company. The loan was underwritten in - [Boost in Lending is Good News for the Economy](https://www.cambridgecap.com/blog/boost-lending-good-news-economy/) - As we discussed last week, the Federal Reserve’s most recent loan survey indicates bank lending picked up in numerous categories during the second quarter. Economists believe this is good news for the financial industry, as it indicates increasing demand for loan products. It is also good news for the economy, since loan growth is often a - [A Major Transaction Takes Place in Senior Housing](https://www.cambridgecap.com/blog/major-transaction-takes-place-senior-housing/) - As senior housing M&A activity continues to occur at a robust pace, another large deal recently drew attention in the industry. California-based Skilled Healthcare Group Inc. announced it is merging with Pennsylvania-based Genesis HealthCare. The new company will operate under the Genesis name from Genesis’ offices in Pennsylvania. It is poised to become a significant - [Federal Reserve Official Pushes for Rate Increases](https://www.cambridgecap.com/blog/federal-reserve-official-pushes-rate-increases/) - Esther George, president of the Federal Reserve Bank of Kansas City, is known as one of the more hawkish members at the Federal Reserve. On a number of occasions, she has publicly stated that, after keeping its benchmark federal funds rate near zero since December 2008, the time is fast approaching for the Federal Reserve to - [Jackson Hole Gathering Provides Some Insight on the Future of Monetary Policy](https://www.cambridgecap.com/blog/jackson-hole-gathering-provides-insight-future-monetary-policy/) - Each year, the Federal Reserve Bank of Kansas City plays host to a gathering of central bankers in Jackson Hole, Wyoming. Economists from around the world watched this year’s conference, which recently concluded, to see whether the Fed would provide insight into the future of monetary policy. Most Fed watchers expect the central bank to - [Economists Search for Clues on the Future of Monetary Policy](https://www.cambridgecap.com/blog/economists-search-clues-future-monetary-policy/) - As central bankers from around the world return home from the Federal Reserve’s annual conference in Jackson Hole, Wyoming, economists are analyzing the speeches for clues on the future of monetary policy. The most scrutinized statements are those by Federal Reserve Chairwoman Janet Yellen, whose speech focused on labor markets. Fed Chairwoman Emphasizes Unemployment Chairwoman - [Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-5/) - Low interest rates and strong demand for senior housing services are driving an increase in senior housing acquisitions this year. Interest rates remain low relative to historical norms, demand for senior housing services continues to rise across the country, and acquisition activity in the space remains strong. Providers and investors interested in taking advantage of the strong - [Skilled Nursing Facilities Can Take Steps to Improve Medicare Payment Rates](https://www.cambridgecap.com/blog/skilled-nursing-facilities-can-take-steps-improve-medicare-payment-rates/) - According to the Centers for Medicare & Medicaid Services (CMS), a primary cause of improper Medicare payments to skilled nursing facilities (SNFs) is the submission of incorrect certification and recertification statements to Medicare. SNFs must complete these documents accurately to avoid disputes over payment, and thereby continue generating the revenue necessary to provide quality care - [Construction in the Senior Housing Industry Demonstrates Continued Growth](https://www.cambridgecap.com/blog/construction-senior-housing-industry-demonstrates-continued-growth/) - The numerous acquisitions taking place in the senior housing sector, and the large amount of ongoing construction in the industry, continues to demonstrate the appeal of senior housing assets. Senior housing construction is taking place all across the country as providers and investors try to meet increased demand caused by the nation’s demographic changes. Low - [Large REIT Deals Spark Conversations in the Senior Housing Industry](https://www.cambridgecap.com/blog/large-reit-deals-spark-conversations-senior-housing-industry/) - The Big Three healthcare real estate investment trusts (REITs), Health Care REIT Inc., HCP Inc., and Ventas Inc., are all very active in the senior housing market this year. Health Care REIT recently announced a multi-billion dollar deal with HealthLease Properties REIT and Mainstreet Property Group; Ventas is acquiring American Realty Capital Healthcare for $2.6 - [Recent Court Decision Has Implications for Long-Term Care Providers](https://www.cambridgecap.com/blog/recent-court-decision-implications-long-term-care-providers/) - Earlier this year, the Centers for Medicare and Medicaid Services (CMS) temporarily suspended its recovery audit contractor (RAC) program while it clears up a lengthy backlog of Medicare claim appeals. Long-term care (LTC) providers immediately cheered the suspension, as they believe the program’s auditors are overly aggressive and issue questionable findings resulting in payment disruptions and - [The August Jobs Report and Its Impact on Senior Housing](https://www.cambridgecap.com/blog/august-jobs-report-impact-senior-housing/) - The Department of Labor released its August jobs report, and the numbers are substantially lower than economists projected. Since the Federal Reserve considers labor market growth a primary factor when deciding monetary policy, job figures are especially important. Fed Chairwoman Janet Yellen often voices her concern on job growth, and cites high unemployment figures and low - [The Federal Reserve’s August Beige Book and Its Impact on Senior Housing](https://www.cambridgecap.com/blog/federal-reserves-august-beige-book-impact-senior-housing/) - The Federal Reserve just released its August Beige Book, which summarizes economic activity in the central bank’s twelve districts. The summary was positive, if somewhat underwhelming. The Beige Book plays an important role in the Fed’s discussions on monetary policy, including with respect to interest rates. Positive reports from the Beige Book support higher interest rates, - [How Strong Finances Can Improve a Community’s Access to Capital](https://www.cambridgecap.com/blog/strong-finances-can-improve-communitys-access-capital/) - As more senior housing communities are built to meet growing demand for their services, competition in the sector is increasing. Communities are taking different avenues to address this. Some communities are choosing to compete on price, while others are attempting to compete by differentiating themselves with capital improvements, such as building new wings with fitness - [Growth in Memory Care Leads to Opportunities for Senior Housing Providers](https://www.cambridgecap.com/blog/growth-memory-care-leads-opportunities-senior-housing-providers/) - Because of the continued aging of the nation’s population, demand for senior housing is increasing across the country, and is projected to do so for many years to come. This dynamic is giving senior housing providers the opportunity to generate greater returns through increased occupancy rates and higher fees. Moreover, because memory care units generate - [Projected Increases in Healthcare Spending Could Be a Boon for LTC Providers](https://www.cambridgecap.com/blog/projected-increases-healthcare-spending-boon-ltc-providers/) - With more Americans gaining health insurance under the Affordable Care Act, and with the nation’s population continuing to get older, many analysts project increases in healthcare spending in the coming years, particularly in the long-term care sector. The Centers for Medicare and Medicaid Services’ (CMS) Office of the Actuary believes spending on nursing care and - [Income Changes Present Opportunities in Senior Housing](https://www.cambridgecap.com/blog/income-changes-present-opportunities-senior-housing/) - It is well known that the aging of the population is driving demand for senior housing services. What is less well known is that a significant number of those seniors do not have the financial resources necessary to transition into many senior housing units available today. This provides an opportunity for senior housing providers to - [Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-6/) - Senior housing acquisitions continue to occur at a face pace, thanks in part to demographic changes that are boosting demand for their services. Before the Federal Reserve raises interest rates, as it is projected to do sometime next year, senior housing providers and investors seeking capital should contact the Chicago-based financing firm Cambridge Realty Capital to - [Update on Senior Housing Construction](https://www.cambridgecap.com/blog/update-senior-housing-construction/) - Providers and developers are ramping up construction of new communities to satisfy the growing demand for senior housing services. Building new communities is easier today thanks to low interest rates that are decreasing the cost of capital. Before interest rates rise, senior housing providers and investors seeking capital to refinance debt, acquire properties, or for - [Joint Ventures Stay Active in Senior Housing](https://www.cambridgecap.com/blog/joint-ventures-stay-active-senior-housing/) - Earlier this week, we discussed how robust acquisition and construction activity in senior housing continues to demonstrate the appeal of the sector for investors. Today, we will discuss how joint ventures in the space are demonstrating the attractiveness of senior housing assets and the market’s strong fundamentals. Industry professionals seeking capital to enter into joint ventures - [Accountable Care Organizations and Their Impacts on Senior Housing Providers](https://www.cambridgecap.com/blog/accountable-care-organizations-impacts-senior-housing-providers/) - According to a fact sheet from the Centers for Medicare and Medicaid Services (CMS), Accountable Care Organizations (ACOs) in Medicare’s Pioneer ACO Model and Medicare Shared Savings Program (SSP) are performed well to date. This is resulting in improved care for beneficiaries and cost savings for the Accountable Care Organizations and Medicare. Senior housing providers play - [Senior Housing Providers Receive Valuable Advice on New Developments](https://www.cambridgecap.com/blog/senior-housing-providers-receive-valuable-advice-new-developments/) - One of the topics that was discussed at the National Investment Center for Seniors Housing & Care’s (NIC) annual conference earlier this month was the type of analysis that senior housing providers conduct when deciding in which town or city to build a new facility. According to speakers at the conference, despite years of experience in - [Senior Housing Deal Activity Remains Strong Going Into the Fourth Quarter](https://www.cambridgecap.com/blog/senior-housing-deal-activity-remains-strong-going-fourth-quarter/) - As strong as the market for senior housing merger and acquisition activity was in 2013, the market for 2014 is shaping up even better. Strong demand for senior housing services and low interest rates continue to drive plentiful deal activity in the space. Going forward, demand for senior housing services is projected to remain high - [Senior Housing Projections Help Explain the Market’s Strength](https://www.cambridgecap.com/blog/senior-housing-projections-help-explain-markets-strength/) - In yesterday’s blog post we discussed how merger and acquisition activity in the senior housing space could set a record by the end of the year. A report that was recently published by the commercial real estate brokerage Marcus & Millichap provides some insight into why the senior housing market is so strong, and why these - [Challenges and Opportunities in Senior Housing](https://www.cambridgecap.com/blog/challenges-opportunities-senior-housing/) - Earlier this week we discussed how the growing economy and projected increases in occupancy rates and monthly rents are helping to drive the senior housing market. Throughout the year, senior housing owners and investors have been taking advantage of this dynamic to acquire additional properties for their portfolios. Before interest rates rise, as they are - [An Update on Commercial Real Estate Lending](https://www.cambridgecap.com/blog/update-commercial-real-estate-lending/) - According to the industry group Mortgage Bankers Association (MBA), commercial real estate (CRE) lending has made significant gains recently thanks to an improving economy and increased demand for loans. Increased loan activity is exactly what the Federal Reserve hoped would happen when it lowered its benchmark federal funds rate to its current near zero level - [An Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-8/) - In recent articles we have discussed how a growing economy, occupancy gains, and rent increases are all helping to fuel a strong senior housing market. Industry participants are taking advantage of this dynamic by adding additional senior housing properties to their portfolios in order to strengthen them. One of the primary companies that is engaging - [The Federal Reserve Releases New Data on Economic Growth](https://www.cambridgecap.com/blog/federal-reserve-releases-new-data-economic-growth/) - The Federal Reserve just released its October Beige Book summarizing economic conditions in the central bank’s twelve districts. The Beige Book is extremely important because it is one of the tools that the Fed uses when deliberating the timing of interest rate hikes. Favorable economic conditions increases the likelihood that the Federal Reserve will raise interest - [How Global Economic Changes Could Affect Interest Rates](https://www.cambridgecap.com/blog/global-economic-changes-affect-interest-rates/) - The global economy experienced a bit of a slowdown earlier this month. In addition to causing a decline in the stock market, the slowdown also affected the Federal Reserve’s deliberations on interest rates. Most Fed watchers still expect the central bank to raise interest rates sometime during the middle of next year, but the situation - [Fed Officials Differ on Interest Rate Hikes – Part II of II](https://www.cambridgecap.com/blog/fed-officials-differ-interest-rate-hikes-part-ii-ii/) - To date we have discussed how the Federal Reserve used its Beige Book and the slowdown in the global economy during its deliberations on future interest rate hikes. The timing and pace of these hikes is very important to a number of different industries, including senior housing. Senior housing mergers and acquisitions have been on a tear - [Senior Housing Assets Continue to Remain Attractive to Buyers](https://www.cambridgecap.com/blog/senior-housing-assets-continue-remain-attractive-buyers/) - Earlier this week the Federal Reserve’s Open Market Committee got together to discuss monetary policy and the timing of interest rate hikes. The Federal Reserve has kept its benchmark federal funds rate at near zero for approximately six years in an effort to spur economic growth. These low rates also helped drive merger and acquisition - [The Federal Reserve Ends its Quantitative Easing Program](https://www.cambridgecap.com/blog/federal-reserve-ends-quantitative-easing-program/) - After six years in existence, the Federal Reserve announced last week that it was officially ending its quantitative easing bond buying program, QE3. QE3 was one of the stimulus measures that the Federal Reserve implemented after the financial crisis to help boost the economy and expand the labor market. The program was supposed to do - [New Economic Data Shows Continued Growth](https://www.cambridgecap.com/blog/new-economic-data-shows-continued-growth/) - Last week, the United States Commerce Department announced that the nation’s gross domestic product(GDP), the broadest measure of economic output, increased at an annual rate of 3.5 percent during the third quarter. Although this is just an initial estimate and will undergo revision twice in the coming months as the Department collects more information, it is - [A Major Merger Takes Place in Senior Housing](https://www.cambridgecap.com/blog/major-merger-takes-place-senior-housing/) - Boosted by strong demand for senior housing services and low interest rates, merger and acquisition activity in the sector is on a record setting pace this year. And now, one can add the recently announced mega-merger between Omega Healthcare Investors and Aviv REIT to that tally. While the improving economy and the nation’s changing demographics - [An Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-9/) - In an earlier post, we discussed the recently announced merger between Omega Healthcare Investors and Aviv REIT. Merger and acquisition activity in senior housing has taken place at a rapid pace this year because of the industry’s strong fundamentals and continued low interest rates, which drove down the cost of capital and increased the value - [Senior Housing Communities Continue to Sprout Up](https://www.cambridgecap.com/blog/senior-housing-communities-continue-sprout/) - In addition to the rapid pace of M&A activity that is taking place in senior housing this year, continued construction in the space is also demonstrating the strong demand that exists for senior housing across the country. While demand for senior housing remains high and interest rates remain low, senior housing providers and investors who - [How the Midterm Elections Could Impact Senior Housing](https://www.cambridgecap.com/blog/midterm-elections-impact-senior-housing/) - Last Tuesday, Republicans made significant gains in the midterm elections. When all was said and done, they increased the size of their majority in the House of Representatives and retook control of the Senate. The Republicans now control both chambers of Congress for the first time since 2007, and are eager to advance their agenda - [The October Jobs Report and its Impact on Senior Housing](https://www.cambridgecap.com/blog/october-jobs-report-impact-senior-housing/) - The Commerce Department has released the jobs numbers for October, and according to the October jobs report, the economy added 214,000 jobs during the month. This caused the unemployment rate to drop from 5.9 percent to 5.8 percent. This is important for the senior housing industry because job growth translates into more people with income to - [How a Proposed MedPac Rule Could Benefit Skilled Nursing Facilities](https://www.cambridgecap.com/blog/proposed-medpac-rule-benefit-skilled-nursing-facilities/) - Earlier this month, members of the Medicare Payment Advisory Commission (MedPac) recommended that observation status be eliminated as a way for hospitals to classify patients. This is important for skilled nursing facilities (SNFs) because Medicare Part A will only reimburse beneficiaries who are discharged from a hospital to a SNF if they spent at least - [NIC Notes](https://www.cambridgecap.com/blog/nic-notes/) - Some observations that Cambridge Realty Capital Companies Chairman Jeffrey A. Davis took away from last month’s National Investment Center (NIC) conference in Chicago: The popularity of senior housing is at an all-time high, as evidenced by the record turnout of 2,800 attendees. There is an abundance of new construction activity right now, but many of - [Update on Senior Housing Development](https://www.cambridgecap.com/blog/update-senior-housing-development/) - Every year about 16,000 new senior housing properties are developed. However, demand for senior housing services is so high that by some estimates, developers would need to build more than 40,000 properties each year in order to avoid a supply shortage in the future. Fortunately for those seniors that will transition to senior housing communities - [Federal Reserve Officials Differ on Interest Rate Hikes](https://www.cambridgecap.com/blog/federal-reserve-officials-differ-interest-rate-hikes/) - Earlier we discussed how Wall Street, Federal Reserve members, and Fed futures traders all have different opinions on when interest rates will rise and by how much. This lack of consensus should come as no surprise when considering that opinions differ markedly within the Federal Reserve itself. At the Fed, opinions run the gamut from raising - [A Federal Reserve Member Takes a Middle of the Road Path on Interest Rates](https://www.cambridgecap.com/blog/federal-reserve-member-takes-middle-road-path-interest-rates/) - In an earlier article we discussed how it is not surprising that Wall Street, the futures market, and the Federal Reserve all differ in their opinions on when the Federal Reserve will raise interest rates because there are differences of opinion within the Fed itself on this subject. For example, while William Dudley, the President - [Just When Exactly Will the Federal Reserve Raise Interest Rates?](https://www.cambridgecap.com/blog/just-exactly-will-federal-reserve-raise-interest-rates/) - The vast majority of Federal Reserve watchers, economists, and financial analysts believe that the Federal Reserve will raise interest rates sometime next year. For the senior housing industry, this means that acquiring senior housing assets could become noticeably more expensive in the near future. Accordingly, senior housing investors and other industry participants who are seeking - [How a New Rule Could Impact Demand for Skilled Nursing Facilities](https://www.cambridgecap.com/blog/new-rule-impact-demand-skilled-nursing-facilities/) - For decades, some states have found ways to meet the care needs of seniors and the disabled using Medicaid without sending them to skilled nursing facilities (SNF). This led to a drop in the number of people in SNFs over the past decade, even though the number of seniors in the U.S. grew significantly during - [The Outlook for Senior Housing in 2015 – Part 1](https://www.cambridgecap.com/blog/outlook-senior-housing-2015-part-1/) - 2014 was a banner year for senior housing, as low interest rates and increased demand for senior housing services helped propel development, asset values, and mergers and acquisitions in the space to ever greater heights. With the year winding down, providers and investors are now starting to look ahead to 2015, and many of them - [Analysts Debate Why Senior Housing Mergers Continue at a Fast Pace](https://www.cambridgecap.com/blog/analysts-debate-senior-housing-mergers-continue-fast-pace/) - As more data on senior housing mergers is collected, new reasons for increased activity among both non-profit and for profit providers is becoming more apparent. For example, according to a report by the investment bank Ziegler, succession planning is increasingly driving merger activity in the sector. Every day thousands of baby boomers retire, and this - [Wall Street Predicts Interest Rate Hikes in 2015](https://www.cambridgecap.com/blog/wall-street-predicts-interest-rate-hikes-2015/) - After years of keeping its benchmark federal funds rate at near-zero to stimulate the economy, the Fed is finally poised to raise them sometime next year. The timing of any interest rate hike is crucial to the senior housing industry because of the effect it will have on borrowing costs and, by extension, property values - [Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-11/) - As the year winds down, senior housing acquisitions are still taking place at a fast clip. Examples of this can be found all across the country but especially in the West where a string of high-profile acquisitions have recently taken place. In Abilene, Texas, the Covenant Group and Sagora Senior Living have joined forces to - [Update on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/update-senior-housing-acquisitions-10/) - As the year winds down, senior housing acquisitions are still taking place at a fast clip. Examples of this can be found all across the country, but especially in the West, where a string of high-profile acquisitions recently took place. In Abilene, Texas, the Covenant Group and Sagora Senior Living joined forces to purchase the - [A West Coast Operator Expands its Investment Operations](https://www.cambridgecap.com/blog/west-coast-operator-expands-investment-operations/) - Thanks to a combination of low interest rates, an aging population, and increased demand for senior housing services, senior housing investment activity continued at a rapid pace this year. Providers and operators are taking notice of this, and some of them are now making special efforts to expand their investments in the sector as well. - [Senior Housing Insights from NAREIT’s Annual Convention](https://www.cambridgecap.com/blog/senior-housing-insights-nareits-annual-convention/) - The National Association of Real Estate Investment Trusts recently held its annual All Things REIT convention. Unsurprisingly, one of the main topics of conservation at the event was the outlook for senior housing investments in 2015. Overall, the convention’s participants believe that investors will continue to be attracted to senior housing next year for a - [New Data Points to Growth Opportunities in Senior Housing](https://www.cambridgecap.com/blog/new-data-points-growth-opportunities-senior-housing/) - As another successful year in the senior housing industry starts to wind down, the senior housing market continues to grow at a fast clip, showing no signs of slowing down before the year is up. Not only is investment activity continuing at a rapid clip, but developers are also building new communities all across the - [A Glimpse at the Future of Senior Housing](https://www.cambridgecap.com/blog/glimpse-future-senior-housing/) - Because of the country’s changing demographics, an improving economy, and low interest rates, the senior housing industry is seeing a wave of construction activity, occupancy gains, mergers and acquisitions, and other activity during the last few years. As the industry continues to grow and evolve, senior housing participants are doing their best to analyze where - [The IMPACT Act and its Effect on Senior Housing](https://www.cambridgecap.com/blog/impact-act-effect-senior-housing/) - Skilled nursing facilities (SNFs) across the country are taking steps to satisfy new requirements that are mandated by the recently enacted Improving Medicare Post-Acute Transformation Act, or IMPACT Act. SNFs that fall under the Act’s jurisdiction should do their best to make sure that they are in compliance in order to avoid any penalties. In - [Demographic Changes Present Opportunities in Senior Housing](https://www.cambridgecap.com/blog/demographic-changes-present-opportunities-senior-housing/) - Every day roughly 10,000 baby boomers retire, and this is projected to continue for many years. In some states, the number of seniors that they have is growing so quickly that they refer to this phenomenon as “the gray wave.” This trend presents an opportunity for the senior housing space which will have a growing - [Latest Fed Survey Highlights CRE Lending](https://www.cambridgecap.com/blog/latest-fed-survey-highlights-cre-lending/) - Part of the fallout from the last housing crisis was a sudden tightening of the credit market as banks and other lenders who had previously loosened their lending standards quickly reversed course and tightened them in an effort to avoid lending funds to parties that might default on them later. However, since the end of - [Senior Living Providers Step Up to Meet Increased Demand](https://www.cambridgecap.com/blog/senior-living-providers-step-meet-increased-demand/) - As the nation’s aging population continues to increase demand for senior housing services, providers across the country are working hard to satisfy this demand by developing communities in underserved areas. For example, demand for senior housing services is particularly strong in Texas, so providers in the area are ramping up construction to take advantage of - [How Skilled Nursing Facilities Will be Impacted by HHS’s 2015 Work Plan](https://www.cambridgecap.com/blog/skilled-nursing-facilities-will-impacted-hhss-2015-work-plan/) - The Department of Health and Human Services Office of Inspector General (OIG) just released its Work Plan for the 2015 fiscal year and it contains information that skilled nursing facilities (SNFs) will find useful. The Work Plan describes specific areas and entities that the OIG will be focusing on, including Medicare, Medicaid, hospitals and skilled nursing - [More News on Senior Housing Acquisitions](https://www.cambridgecap.com/blog/news-senior-housing-acquisitions-2/) - A number of senior housing purchases recently took place as providers and investors continue to take advantage of low interest rates to add these assets to their portfolios. Industry participants who are seeking capital to make purchases of their own should continue to look to Cambridge Realty Capital for financing these and other senior housing transactions - [Cambridge Arranges $11 Million HUD Lean Loan To Refinance Pine Acres Healthcare & Rehabilitation Center Located In Madison, NJ](https://www.cambridgecap.com/blog/cambridge-arranges-11-million-hud-lean-loan-to-refinance-pine-acres-healthcare-rehabilitation-center-located-in-madison-nj/) - Cambridge Realty Capital Companies reports arranging an $11,139,500 HUD Lean loan to refinance Pine Acres Healthcare & Rehabilitation Center, a 102-bed skilled nursing care facility located in Madison, NJ. Hymie Barber, Cambridge Realty Capital's National Originations Manager, said the fully amortized, 30-year loan was arranged for the owner, a New Jersey limited liability company, using - [Federal Reserve to Raise Interest Rates in 2015](https://www.cambridgecap.com/blog/federal-reserve-raise-interest-rates-2015/) - For years now, the Federal Reserve has been implying that a rise in interest rates may be on the horizon. As reported in earlier posts on Cambridge Realty Capital’s blog, the Fed’s December meeting and subsequent statements gave only clues as to the Fed’s plans leaving plenty of room for speculation. Anticipated Interest Rate Increase - [Change on the Horizon for Nursing Home Rating System](https://www.cambridgecap.com/blog/change-horizon-nursing-home-rating-system/) - Choosing a nursing home for one’s self or family members is a difficult decision. Individuals and families place a great deal of trust in facilities to care for themselves or their loved ones when they are most vulnerable. Knowing what questions to ask and what to look for can feel overwhelming for these consumers. The - [CAMBRIDGE ARRANGES $16.8 MILLION HUD LEAN LOAN TO REFINANCE NEW VISTA POST ACUTE CARE CENTER LOCATED IN LOS ANGELES, CA.](https://www.cambridgecap.com/blog/cambridge-arranges-16-8-million-hud-lean-loan-refinance-new-vista-post-acute-care-center-located-los-angeles-ca/) - Cambridge Realty Capital Companies reports arranging a $16,800,000 HUD Lean loan to refinance the New Vista Post Acute Care Center located in Los Angeles, CA. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 26-year loan was arranged for the owner, a California limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding - [Caring for Dementia and Alzheimer’s Patients](https://www.cambridgecap.com/blog/caring-dementia-alzheimers-patients/) - Dementia is an umbrella term that describes the group of brain diseases that cause a long-term decline in cognitive abilities, especially memory. Alzheimer’s disease is the most common cause of dementia. In 2005,Sandra Day O’Connor stepped down from the U.S. Supreme Court to help transition her husband to a care facility. She described the disease - [How 1031 Exchanges May Help your Senior Housing Development](https://www.cambridgecap.com/blog/1031-exchanges-may-help-senior-housing-development/) - Some active developers in real estate thrive on doing 1031 exchanges as an alternative for traditional real estate transactions that involve the typical grind of budgeting hard and soft costs, exposing themselves to higher levels of risk, and leveraging debt on what is often a new (ground-up or major repositioning) or speculative project. However, certain - [CAMBRIDGE ARRANGES $28.8 MILLION HUD LEAN LOAN TO REFINANCE REGENCY PARK FAIR OAKS LOCATED IN PASADENA, CA.](https://www.cambridgecap.com/blog/cambridge-arranges-28-8-million-hud-lean-loan-refinance-regency-park-fair-oaks-located-pasadena-ca/) - Cambridge Realty Capital Companies reports arranging a $28,880,000 HUD Lean loan to refinance Regency Park Fair Oaks, an assisted living facility located in Pasadena, CA. Hymie Barber, the National Originations Manager for Cambridge and the Managing Director of Catalyst/Cambridge Health Care Finance in Los Angeles, said the fully-amortized, 33-year loan was arranged for the owner, - [Affordable Senior Housing](https://www.cambridgecap.com/blog/affordable-senior-housing/) - Affordable senior housing has become both necessary and newsworthy. As noted in earlier entries on Cambridge Realty Capital’s blog, seniors on the whole are living longer but with less savings. This means, essentially, that they need more for less. Thus, that affordable senior housing has become a hot topic seems quite natural, and exceptional projects - [Location, Location, Location](https://www.cambridgecap.com/blog/location-location-location/) - Location is one of the key factors in determining the success of a senior housing project. Cambridge Realty Capital understands that choosing the right location sometimes feels more like magic than science but there are some techniques that can be used to maximize the likelihood of a successful decision. Don’t Reinvent the Wheel There is - [FAQ: Is it Better to Buy or Lease Facilities?](https://www.cambridgecap.com/blog/faq-better-buy-lease-facilities/) - Cambridge Realty Capital has established a strong reputation in the industry – both among clients and the industry as a whole. In October, Cambridge Realty Capital presented a webinar for the American Health Care Association (AHCA) and the National Center for Assisted Living (NCAL). The full presentation can be heard here. The bottom line: there - [Top Nursing Facility Deficiencies](https://www.cambridgecap.com/blog/top-nursing-facility-deficiencies/) - Nursing facilities are heavily regulated by both federal and state authorities. Compliance is crucial, but not easy. Deficiencies increase the facility’s risk of a lawsuit and decreases the likelihood of a successful outcome. Opposing attorneys love pointing to facility deficiencies noted during state surveys. Compliance also impacts the value of a facility to prospective purchasers. - [Cambridge Arranges $10.3 Million Loan To Refinance Four Facilities Located In Oklahoma](https://www.cambridgecap.com/blog/cambridge-arranges-10-3-million-loan-refinance-four-facilities-located-oklahoma/) - Cambridge Realty Capital Companies reports arranging a $10,300,000 conventional loan to refinance four Oklahoma facilities: the Heartsworth Center for Nursing & Rehab and Heartsworth House Assisted & Independent Living in Vinita, OK, and the North County Center for Nursing & Rehab and North County Assisted Living in Collinsville, OK. Jeffrey A. Davis, Cambridge Chairman, said - [Avoid Bad Publicity for CCRCs](https://www.cambridgecap.com/blog/avoid-bad-publicity-ccrcs/) - As we’ve written about in earlier Cambridge Realty Capital blogs, CCRCs are continuing care retirement communities, communities that offer a range of levels of care for aging seniors designed to accommodate them from the assisted living stage through the nursing facility stage. It’s a great concept that allows seniors to choose one community to meet - [You’ve Got Options When Financing Your Facility](https://www.cambridgecap.com/blog/youve-got-options-financing-facility/) - Owners and operators of the healthcare facilities, ranging from nursing homes to acute care hospitals to assisted living facilities, come from a range of backgrounds. Not infrequently, owners and operators have a background in healthcare administration that is invaluable in running the daily operations of a healthcare facility, but owners may sometimes lack a comprehensive - [Quantifying the Benefits of Senior Housing](https://www.cambridgecap.com/blog/quantifying-benefits-senior-housing/) - Senior housing owners, operators, and administrators have an intimate knowledge of the benefits of senior housing. They see first-hand how the resources and sense of community available in a senior housing community benefit the physical and mental health of seniors. When talking to prospective new residents they can tell anecdotal stories regarding current residents and - [Room for Success of Senior Living Housing Providers of All Sizes](https://www.cambridgecap.com/blog/room-success-senior-living-housing-providers-sizes/) - The current and anticipated continued growth of the senior housing market has been well-established. Much of the recent industry news seems to focus on the projects and mergers of very large-scale operations, like the $2.8 billion Brookdale Senior Living and Emeritus Senior Living merger. The opportunities and growth of these large operations is undeniable, but - [New Senior Housing Developments Continue to Demonstrate the Sector’s Appeal](https://www.cambridgecap.com/blog/new-senior-housing-developments-continue-demonstrate-sectors-appeal/) - As the fourth-quarter draws to a close, new senior housing facilities continue to develop at a rapid pace. The fast pace of construction in the industry demonstrates the appeal of these assets as investors are drawn to them for a variety of reasons, including the strong demand for senior housing services taking place as a result - [Acquisitions Continue in Senior Housing](https://www.cambridgecap.com/blog/acquisitions-continue-senior-housing/) - November’s positive jobs report and the encouraging Beige Book that was just released by the Federal Reserve have some Fed watchers thinking that the Federal Reserve might raise its benchmark federal funds rate during the first-quarter of 2015. And although acquisitions in the senior housing space are already occurring at a fast clip, the possibility - [The Federal Reserve’s Beige Book and its Impact on Senior Housing](https://www.cambridgecap.com/blog/federal-reserves-beige-book-impact-senior-housing/) - Earlier this month we discussed November’s positive jobs report and its potential impact on interest rates. Today we will discuss the Federal Reserve’s most recent Beige Book and its potential impact on interest rates. The Federal Reserve has kept interest rates near historic lows since 2008 to help stimulate the economy, but now economists are expecting - [The Latest Jobs Report and its Impact on Senior Housing](https://www.cambridgecap.com/blog/latest-jobs-report-impact-senior-housing/) - The Bureau of Labor Statistics just released November’s jobs report, and the numbers are much better than what economists projected. With the debate over the timing of interest rate hikes growing more intense with each new bit of information, the positive jobs report is likely to increase calls for the Federal Reserve to raise interest rates - [The Outlook for Senior Housing in 2015 – Part 2](https://www.cambridgecap.com/blog/outlook-senior-housing-2015-part-2/) - In an earlier article we discussed how post-acute care and innovation in senior housing are expected to play big roles in the industry next year. Providers are also expecting opportunities to arise in other areas of senior housing. Those providers that are able to take advantage of opportunities in these areas should be rewarded with - [Capitalizing on Trends in Senior Housing](https://www.cambridgecap.com/blog/capitalizing-trends-senior-housing/) - It’s been said that the only constant is change. Those in the senior housing business understand this more than most. It’s an industry that must almost constantly reinvent itself to adjust to changes in the aging consumer’s demands and government regulations. The following are a few industry trends that those in the business can capitalize - [Senior Housing & the ADA](https://www.cambridgecap.com/blog/senior-housing-ada/) - Developers of senior housing should be aware of the numerous construction factors in improving the quality of seniors who may ultimately reside there. A wise investor will also influence the outcome of the project to facilitate later operation and maintenance of the facility by trained staff members to avoid the risks of claims based on - [Crowd-Sourced-Financing through P2P Lending](https://www.cambridgecap.com/blog/crowd-sourced-financing-p2p-lending/) - Previously unheard of only eight years ago, national and major banks and firms that act as lending intermediaries are slowly facing elimination by the “Peer-to-Peer Lending” model, which involves a reverse-auction approach. The market of P2P lending involves matching up debtors and creditors directly to engage in the exchange of loans. The P2P network will - [Cambridge Realty Capital – Dealbook](https://www.cambridgecap.com/blog/cambridge-realty-capital-dealbook/) - At Cambridge Realty Capital, we consider ourselves deal-makers, and we strive to make deals that benefit our senior housing and healthcare properties. We’ve been successful, and, as a result, have a track record of clients that return time and again. (Check out our media center to understand more about why customers return.) The following are - [Senior Housing Recreation Spaces for Sound Body and Mind](https://www.cambridgecap.com/blog/senior-housing-recreation-spaces-sound-body-mind/) - Medical studies have revealed that there are increased efforts to promote an active lifestyle in the senior communities across America. This may include considerations such as developing more space for recreation beyond the predictable gym within senior housing development. Maybe a rock-climbing wall may prove unnecessary, but a yoga studio for meditation programs or gentle - [Cheaper Borrowing for New Construction But Demand is Key](https://www.cambridgecap.com/blog/cheaper-borrowing-new-construction-demand-key/) - Low Interest Rates Continue We continue to see low interest rates. Should this be of concern? No. On the contrary, real estate developers and investment firms continue to monitor lower interest rates as a good sign for senior housing. In addition to borrowing money from banks, low interest rates make construction costs more affordable both - [Understanding a Product within Senior Housing: Continuing Care Retirement Communities](https://www.cambridgecap.com/blog/understanding-product-within-senior-housing-continuing-care-retirement-communities/) - To further understand the trends of senior housing development as a product type within the greater scheme of thereal estate investments, it’s important to understand the term Continuing Care Retirement Community, commonly called CCRCs, because an increasing number of jurisdictions for zoning are codifying this term. These are designated as facilities that have tiered services - [An Update on New Senior Housing Developments](https://www.cambridgecap.com/blog/update-new-senior-housing-developments/) - Earlier we looked at some of the latest acquisitions that have taken place in senior housing as providers and investors continue to take advantage of low interest rates to purchase additional properties for their portfolios. However, investments and acquisitions aren’t the only transactions that providers have been engaging in during the year’s final quarter. Industry - [Senior Housing Investments and Acquisitions Finish the Year Strong](https://www.cambridgecap.com/blog/senior-housing-investments-acquisitions-finish-year-strong/) - Propelled by low interest rates and strong demand for senior housing services, senior housing investments and acquisitions are finishing up the year strong. Parties that are seeking capital to take advantage of this dynamic and acquire properties of their own should contact Cambridge Realty Capital to learn more about the many differentfinancing options that it - [What to Expect from Senior Housing in 2015](https://www.cambridgecap.com/blog/expect-senior-housing-2015/) - In an earlier post, we discussed some of the reasons why senior housing performed so well this past year. Today we will discuss how industry analysts feel the sector will perform next year and the reasons why they feel this way. Mergers and Acquisitions in the New Year 2014 turned out to be a huge - [2014: The Year in Senior Housing](https://www.cambridgecap.com/blog/2014-year-senior-housing/) - 2014 was another banner year for senior housing as the industry saw its value rise to around $300 billion, investment and acquisition activity remained strong, new developments continued to sprout up and demand for senior housing services stayed robust as well. Accordingly, as the year draws to a close, we thought it would be instructive - [An Update on Commercial Real Estate Lending](https://www.cambridgecap.com/blog/update-commercial-real-estate-lending-2/) - The United States’ Office of the Comptroller of the Currency (OCC) has released its 20th Annual Survey of Credit Underwriting, providing valuable insight into bank lending of all types in 2014, including commercial real estate (CRE) lending. Senior housing construction has been booming this year in large part because of low interest rates and strong - [Is the Federal Reserve Changing its Tune on Interest Rates?](https://www.cambridgecap.com/blog/federal-reserve-changing-tune-interest-rates/) - Because of the impact that increased interest rates will have on senior housing, industry participants paid close attention to the Federal Reserve’s December meeting to see if the central bank would give any clues regarding when it might raise interest rates. And although the Fed didn’t announce significant shifts in policy after its meeting, it - [Update on Investments and Acquisitions in Senior Housing](https://www.cambridgecap.com/blog/update-investments-acquisitions-senior-housing/) - According to recent reports, investments and acquisitions in senior housing continue to take place at a rapid clip as the year winds down. Investors are increasingly seeking out senior housing assets because of their positive track record in generating strong returns, and buyers of senior housing properties continue to take advantage of low interest rates - [How Increased Development Costs Could Impact Senior Housing](https://www.cambridgecap.com/blog/increased-development-costs-impact-senior-housing/) - Senior housing construction has kept up a torrid pace in recent years as providers and developers try to build enough communities to satisfy the ever increasing demand for senior housing services. As fast as these facilities are built, developers still need to pick up the pace in order to satisfy all of demand that is - [State-Run Veterans Facilities Reaching Capacity, Shows Need for New Construction](https://www.cambridgecap.com/blog/state-run-veterans-facilities-reaching-capacity-shows-need-new-construction/) - Nebraska’s department of health and human services reports one veterans’ home only has capacity for only 117 of its residents. Many others report that the state-run veterans facilities in various jurisdictions are in need of new construction and that new buildings may receive advance reservations. The outpouring of demand for increased veterans’ care is another - [Whatever Your Politics on “Obamacare,” Senior Housing is the Best Bet for Investors](https://www.cambridgecap.com/blog/whatever-politics-obamacare-senior-housing-best-bet-investors/) - The Government Monitors America’s Aging Population The Department of Health and Human Services (HHS) measures data on growth of elderly populations seeking assisted living care. For smart investors, HHS data is not just government data thrown online, but it is interpreted as a flagged market for growth and demand for senior living. In 2004, HHS - [When Government Sees Shortfalls, Private Investors See Gains](https://www.cambridgecap.com/blog/government-sees-shortfalls-private-investors-see-gains/) - With the exception of just a few federally operated facilities, the private market for senior housing is wide open, leaving private development to fill the gaps to serve the community. Because development of such critical senior housing is sensitive to a growing population in need that it will serve, Cambridge Realty Capital provides expertise financial - [Smartening the Senior Housing Facility Design](https://www.cambridgecap.com/blog/smartening-senior-housing-facility-design/) - In addition to being subject to medical healthcare certifications, structural certifications, food service certifications, and compatibility of special-needs patients, federal agencies maintain concurrent jurisdiction to both inspect and evaluate a senior living facility. OSHA Compliance The Occupational Safety and Health Administration (OSHA) has conducted studies of mishaps involving both staff and residents in senior housing. - [Technology and the Senior Housing Market](https://www.cambridgecap.com/blog/technology-senior-housing-market/) - Technology is a major consideration in senior housing, and Cambridge knows this should not be overlooked by developers or investors. For example, tablets afford many benefits to senior housing facility residents, including portability for reading, flexibility for immediate communication with family members, and overall operational ease of use for residents within the facility. Not Just - [Poised Development for Senior Mobility](https://www.cambridgecap.com/blog/poised-development-senior-mobility/) - The recent drop in oil prices may only be temporary relief, as gas ranging in prices of $5-$6 per gallon is a virtual certainty. In 2011, some market reports indicated gas could rise to $6 per gallon in the future. Seniors are not exempt from the long-term projections for the cost of fuel, and other - [Social Media in Nursing Homes](https://www.cambridgecap.com/blog/social-media-nursing-homes/) - Social media in nursing homes is not something that often comes to mind, but adults who were 40 years old when internet became “mainstream” are now turning 70 in America. Some reports state that social media in nursing homes has no place, but ignoring the specter of social media concerns in caring for the elderly - [Construction and Environmental Risk Fundamentals in Senior Housing](https://www.cambridgecap.com/blog/construction-environmental-risk-fundamentals-senior-housing/) - In developing senior housing projects there are common pitfalls to avoid, and Cambridge Realty Capital is an expert on how to avoid these seemingly easy traps. Senior housing can mix industrial, commercial, and residential designs within a single project to attract all types of backgrounds of senior residents, and navigating the process from development to - [Why Development of Senior Housing in a New Zipcode May Be Smart](https://www.cambridgecap.com/blog/development-senior-housing-new-zipcode-may-smart/) - The benefits to developing senior housing in an “essential community” abound: potentially cheaper land prices, increased quiet enjoyment for the residents, and reduced congestion. But there is another incentive you may not have considered: attaining federal recognition as an “essential community provider” under federal regulation. Essential Community Providers While underserved communities of elderly are in - [How To Make Your Senior Housing Facility Website One of the Best](https://www.cambridgecap.com/blog/make-senior-housing-facility-website-one-best/) - Every year, Seniorhomes.com, a website designed to help consumers find the perfect senior living facility for themselves or a family member, comes out with its list of top provider websites. This past year, 2014, it divided its list into two categories: large providers and small providers. The lists are worth perusing and you can see - [Senior Housing in the News: Brookdale HCP to Acquire 35 Chartwell Retirement Communities for $849 Million](https://www.cambridgecap.com/blog/senior-housing-news-brookdale-hcp-acquire-35-chartwell-retirement-communities-849-million/) - The first quarter of 2015 has not yet ended, but it looks like a big year for real estate investment in senior housing. Chartwell Retirement Residents, an Ontario-based company, plans to exit the U.S. market by selling its entire U.S.-based senior housing portfolio to a joint venture between Brookdale Senior Living, Inc. and REIT HCP, - [Attracting Residents: Marketing Challenges for Senior Housing](https://www.cambridgecap.com/blog/attracting-residents-marketing-challenges-senior-housing/) - One of the biggest challenges for senior living executives is demonstrating the value of an assisted living facility. According to a recent study conducted by Merrill Lynch, 85% of retirees said they would prefer to receive care in their own homes, compared to only 10% who stated a preference for an assisted living facility. This - [Employee Retention a Problem for Assisted Living Communities](https://www.cambridgecap.com/blog/employee-retention-problem-assisted-living-communities/) - Assisted living communities are facing challenges with human capital management, including employee retention and satisfaction, scheduling enough employees to meet the communities’ needs, and finding and recruiting qualified candidates. High employee turnover is a common epidemic across the assisted living industry, with the constant changes in staff negatively affecting the residents’ satisfaction with the community. - [Appointing a Financial Power of Attorney](https://www.cambridgecap.com/blog/appointing-financial-power-attorney/) - Creation of a power of attorney allows you or your aging loved one to appoint an agent to act on his or her behalf should they become incapacitated and unable to make financial decisions on their own. Appointing a power of attorney provides your loved one with the assurance that someone they trust will be - [Under Construction](https://www.cambridgecap.com/blog/under-construction/) - February is a month short on days but not on action in the senior housing industry. The following are a few notablerenovations or expansions that kicked off or wrapped up last month. We continue to see owners and operators follow the trends in senior housing like adding memory care facilities and developing campuses and CCRCs - [Acquisitions Continue But Construction Presents Alternative](https://www.cambridgecap.com/blog/acquisitions-continue-construction-presents-alternative/) - In 2014, senior housing real estate transactions surpassed the $25 billion mark. Further, there were a number of high profile mergers and acquisitions, most notably the $2.8 billion Emeritus/Brookdale merger, which gained widespread media attention both within and outside of the senior housing industry. The reasons for the merger were plentiful. The merger expanded the - [Risk Management Issue in Focus: Data Breaches](https://www.cambridgecap.com/blog/risk-management-issue-focus-data-breaches/) - Recently, Senior Housing News published an article related to Senior Housing Technology entitled “Why Senior Living is a Prime Target for Hackers.” The article focused on the business-side risk of data hacks and breaches, but in senior housing, there’s also a risk that seniors will unwittingly be duped into giving away their own personal information. - [Refresher Course: HUD Lean 232 FAQ](https://www.cambridgecap.com/blog/refresher-course-hud-lean-232-faq/) - What is HUD Lean 232? HUD Lean 232 can be broken down into two parts. HUD 232 refers to the agency’s program of mortgage insurance for skilled nursing and assisted living facilities. The program is now administered by its owner office, The Office of Residential Care Facilities (ORCF). The Lean aspect refers to a series - [Using Technology to Improve the Senior Living Experience](https://www.cambridgecap.com/blog/using-technology-improve-senior-living-experience/) - Technology advances at an exponential rate, improving quality of life and efficiency across all sectors. Healthcare technology is hot right now, but technology tailored for skilled nursing and other senior housing facilities has been lagging. Facility owners and operators that can identify and implement useful technologies now may be able to set themselves apart from - [Boost Employee Morale While Increasing Industry Reputation](https://www.cambridgecap.com/blog/boost-employee-morale-increasing-industry-reputation/) - Employee morale is a crucial, though sometimes de-emphasized ingredient of a successful senior living housing facility. Higher employee morale in all industries is linked to improved employee effectiveness and business success. That link is even more pronounced in the senior living facility context where poor morale is linked to adecrease in the quality of care - [Industry Finance Updates](https://www.cambridgecap.com/blog/industry-finance-updates/) - The following are a few recent notable loan transactions in the senior housing industry. Jointly they illustrate the many financing options available to senior housing and facility providers. California Affordable Senior Living Facility Refinances Sunset Normandie Towers, a section 8 facility in California, recently secured a $13.6 million refinance loan. By taking advantage of HUD’s - [Are You Capitalizing on all Potential Lead Sources for Your Facility?](https://www.cambridgecap.com/blog/capitalizing-potential-lead-sources-facility/) - Traditionally, skilled nursing and long-term care facilities relied upon referrals from hospitals. Yet, as Bob Dylan once said, “the times, they are a-changin.” With widespread and increasing use of the internet, on computers and cell phones, among all demographics, facilities have a new means of reaching prospective patients and their families. Yet many facilities continue - [Finance News Briefs](https://www.cambridgecap.com/blog/finance-news-briefs/) - The phrase “we live in a global economy” is used ad nauseam. Yet it is true. Everything is connected. For example, what happens in markets across the globe can have a ripple effect that impacts small businesses in the United States. With this global interconnectedness in mind, the real estate capital experts at Cambridge Capital - [Providing LGBT Friendly Facilities](https://www.cambridgecap.com/blog/providing-lgbt-friendly-facilities/) - Articles and analysis regarding the aging U.S. population often lump everyone over the age of 65 into one category: seniors. This type of lump categorization tends to oversimplify seniors and the market for senior housing. Seniors, like all groups, are diverse. Their backgrounds, socioeconomic status, ethnicities, interests, and even ages vary and create different wants - [When It Comes to Senior Living Facilities, Form Matters](https://www.cambridgecap.com/blog/comes-senior-living-facilities-form-matters/) - When it comes to senior living, whether assisted living, continuing care retirement communities, or nursing facilities, function is essential. It is crucial that a facility be able to provide the care promised to residents and their families. That care may be as simple as nutritious, on-time meals in an assisted living community or providing on-time - [Reduce Risk for Your Business and Your Long Term Care Residents](https://www.cambridgecap.com/blog/reduce-risk-business-long-term-care-residents/) - Vaccination has been the controversial topic of many news headlines lately. Despite research that has conclusively established that vaccines do not cause autism and that the decline in vaccinations due to this misconception has resulted in a of a number of diseases, there are those who contend that vaccines may be unsafe and whether or - [Choosing the Right Retirement Community](https://www.cambridgecap.com/blog/choosing-right-retirement-community/) - Choosing the appropriate retirement community for yourself or a family member is a difficult process. It can be a difficult financial decision, as well as an emotional one. This is particularly true if the reason you or your loved one needs to make the move is declining health. The good news is that there are - [Conventional Loans Becoming Harder To Obtain For Skilled Nursing Facilities, But HUD Remains A Viable Option](https://www.cambridgecap.com/blog/conventional-loans-becoming-harder-to-obtain-for-skilled-nursing-facilities-but-hud-remains-a-viable-option/) - Financial institutions have grown increasingly wary of lending money to operators of skilled nursing facilities, according to Cambridge Realty Capital Companies' Chairman Jeffrey Davis. However, "HUD loans still remain a viable option for these operators," he notes. Generally speaking, operating costs have reached a historic high for skilled nursing facilities. The rising cost of providing - [Experts Divided On Outlook For Senior Housing In 2019 But Agree On One Point](https://www.cambridgecap.com/blog/experts-divided-on-outlook-for-senior-housing-in-2019-but-agree-on-one-point/) - Industry forecasts are as routine at the beginning of a new year as New Year's resolutions, regardless of the industry. The senior living and care industry is no exception, and a variety of experts have weighed in on their predictions about the senior living market in 2019, including Cambridge Realty Capital President Jeffrey Davis. Davis - [It's Not Always About Getting The Best Rate](https://www.cambridgecap.com/blog/its-not-always-about-getting-the-best-rate/) - When you're in the market for a loan, getting a low interest rate is typically a priority. While no one wants to pay more than they have to, for some senior living owners and developers, getting the best rate is not necessarily the number one criterion. "Our borrowers are extremely astute," says Cambridge President and - [Government Shutdown Delays Texas Operator's HUD Loan Closing But Operator Is Pleased With Outcome Nonetheless](https://www.cambridgecap.com/blog/government-shutdown-delays-texas-operators-hud-loan-closing-but-operator-is-pleased-with-outcome-nonetheless/) - Glitches in loan applications are more often the norm than the exception, especially when it comes to dealing with government entities. However, according to the owner of Traditions Senior Living & Memory Care, Cambridge fields glitches like a pro. Traditions Senior Living & Memory Care is owned by a small, family-run company and was looking - [Market Rife With Opportunity For Developers Catering To Middle-Income Seniors In Coming Decade](https://www.cambridgecap.com/blog/market-rife-with-opportunity-for-developers-catering-to-middle-income-seniors-in-coming-decade/) - The coming of age of the baby boomer generation has raised the issue of a potential senior housing shortage crisis. Now, a recent report seems to suggest that not only is a shortage a real possibility, but a strong contingent of baby boomers may not even be able to afford the kind of housing that - [New Study Reveals Fostering Camaraderie Crucial To Senior Living Residents' Quality Of Life Satisfaction Shares Cambridge Founder](https://www.cambridgecap.com/blog/new-study-reveals-fostering-camaraderie-crucial-to-senior-living-residents-quality-of-life-satisfaction-shares-cambridge-founder/) - A recent report indicates that assisted living residents rate "sense of camaraderie" as the most important factor influencing their overall satisfaction with their quality of life at the facilities in which they live. The report, People, Place, Programming: Quality of Life in Assisted Living, is based on a study conducted by ProMatura Group on behalf - [Patience Still Important Part of HUD Funding Process, Expert Says](https://www.cambridgecap.com/blog/patience-still-important-part-hud-funding-process-expert-says/) - No one likes to be kept waiting, which is why Cambridge Realty Capital Companies Managing Director Sampada D’silva suggests that senior housing/healthcare borrowers should be motivated to swiftly respond to their lender’s requests for additional documentation when needed. Effectively, heeding this advice is the best way borrowers can make sure they’re not left waiting impatiently - [Cambridge Seeing More Operators Adopting Smart Technology To Prevent Falls In Senior Facilities](https://www.cambridgecap.com/blog/cambridge-seeing-more-operators-adopting-smart-technology-to-prevent-falls-in-senior-facilities/) - Technology has come a long way since the days of nursing home in-room emergency pull-cords and lanyards for seniors with manual-activation emergency alert buttons. Fall detection and prevention systems are becoming more commonplace in nursing homes and seniors residences. It is a trend that Cambridge Realty Capital President Jeffrey Davis is seeing, both with new - [Cambridge Arranges $4.6 Million HUD Lean Loan To Refinance Traditions Senior Living And Memory Care Located In Sherman, TX](https://www.cambridgecap.com/blog/cambridge-arranges-4-6-million-hud-lean-loan-to-refinance-traditions-senior-living-and-memory-care-located-in-sherman-tx/) - Cambridge Realty Capital Companies reports arranging a $4,645,000 HUD Lean loan to refinance Traditions Senior Living & Memory Care, an assisted living and memory care facility, located in Sherman, Texas. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 30-year loan was arranged for the owner, a Texas limited liability company, using the HUD Section 232 - [Why Jumping Through Hoops is Necessary to Obtain Senior Housing/Healthcare Mortgage Loan](https://www.cambridgecap.com/blog/jumping-hoops-necessary-obtain-senior-housinghealthcare-mortgage-loan/) - It’s not unusual for senior housing/healthcare borrowers to come away with the impression that the lender underwriting their loan has created a complex and perplexing series of hoops through which they must jump in order to receive the funding they desire. “Problem is, when it’s time to refinance or acquire a new property, borrowers must - [Nursing Home Resilience A Hot Topic Among Senior Living Stakeholders](https://www.cambridgecap.com/blog/nursing-home-resilience-a-hot-topic-among-senior-living-stakeholders/) - Safety and emergency preparedness has always been an important part of nursing home operations. Every facility in the US is mandated to have some type of emergency plan and certain emergency equipment in place. However, Cambridge Realty President Jeffrey Davis notes that, in light of recent catastrophic events, "the ability of a facility to respond - [Cambridge Arranges $22 Million HUD Loan To Finance The Views At Marion Located In Marion, IA](https://www.cambridgecap.com/blog/cambridge-arranges-22-million-hud-loan-finance-views-marion-located-marion-ia/) - Cambridge Realty Capital Companies reports arranging a $22,267,500 HUD Lean loan to finance The Views Senior Living at Marion, a 112-bed assisted living and skilled nursing care facility located in Marion, Iowa. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, non-recourse, 22-month construction loan term plus 40-year permanent loan term was arranged for the owner, - [Cambridge Arranges $5.3 Million Loan To Refinance Highland Nursing and Rehabilitation Center, located in Kansas City, Missouri](https://www.cambridgecap.com/blog/cambridge-arranges-5-3-million-loan-to-refinance-highland-nursing-and-rehabilitation-center-located-in-kansas-city-missouri/) - Cambridge Realty Capital Companies reports providing a $4,021,700 HUD-Insured loan to refinance Highland Nursing and Rehabilitation Center, a skilled nursing facility located in Kansas City, Missouri. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 25-year term loan was issued to the owner, a Missouri limited partnership. The loan was underwritten in December 2016 by - [Why Jumping Through Hoops is Necessary to Obtain Senior Housing/Healthcare Mortgage Loan](https://www.cambridgecap.com/blog/jumping-hoops-necessary-obtain-senior-housinghealthcare-mortgage-loan-2/) - It’s not unusual for senior housing/healthcare borrowers to come away with the impression that the lender underwriting their loan has created a complex and perplexing series of hoops through which they must jump in order to receive the funding they desire. “Problem is, when it’s time to refinance or acquire a new property, borrowers must - [Cambridge President Not Worried About New Construction Slowdown Prediction](https://www.cambridgecap.com/blog/cambrige-president-not-worried-about-new-construction-slow-down-prediction/) - With the crest of the Silver Tsunami ostensibly another 10 years away, a joint report by Senior Housing News and Plante Moran of Chicago (The Five-Year Senior Housing Development Forecast) suggests that senior housing starts will slow down in the next five years before they pick up steam closer to the 10-year mark. It's all - [Making Conference Calls More Productive is Important Priority](https://www.cambridgecap.com/blog/making-conference-calls-productive-important-priority/) - Your telephone may have more bells and whistles these days, but are you making the most of this rapidly morphing communications tool? Cambridge Realty Capital Companies Senior Vice President Brent Holman-Gomez believes it may be possible to improve upon what the technology was created to accomplish in the first place. Specifically, with effort, it’s possible - [Cambridge Wants Your Business, But Won't String You Along To Get It, Says Developer And Client](https://www.cambridgecap.com/blog/cambridge-wants-your-business-but-wont-string-you-along-to-get-it-says-developer-and-client/) - Andrew Delman is the owner of National Preservation Housing Partners (NPHP) and a long-time client of Cambridge Realty Capital. According to Cambridge founder and President Jeffrey Davis, Delman's company has closed approximately 25 loans worth $200 million over several years. "We have a very strong, dynamic relationship with NPHP," he stated. NPHP is a well-known - [For Senior Housing Healthcare Borrowers, Attention to Detail Not an Option](https://www.cambridgecap.com/blog/senior-housing-borrowers-attention-detail-not-option/) - For a lot of very good reasons, senior housing/healthcare borrowers rarely chance sending information to lenders that they know to be inaccurate. “But,” says Cambridge Realty Capital Companies Chairman Jeffrey A. Davis, “it’s not uncommon for borrowers to submit data that’s incomplete, which can lead to unwanted problems.” Cambridge is one of the nation’s leading - [Investors Discovering Upside for Senior Housing Properties](https://www.cambridgecap.com/blog/investors-discovering-upside-for-senior-housing-properties/) - Investors familiar with commercial real estate typically find they need to look at senior housing investment opportunities through a different lens. “When they focus on the big picture, what they invariably see is that senior housing has an extensive upside to capture but very low data correlation with the macro-economic factors that impact commercial real - [Cambridge Arranges $11 Million HUD Lean Loan To Refinance Glenwood Healthcare And Rehabilitation In Glenwood, IL](https://www.cambridgecap.com/blog/cambridge-arranges-11-million-hud-lean-loan-to-refinance-glenwood-healthcare-and-rehabilitation-in-glenwood-il/) - Cambridge Realty Capital Companies reports arranging a $11,600,000 HUD Lean loan to refinance Glenwood Healthcare and Rehabilitation, a 162-bed skilled care facility located in Glenwood, Illinois. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 30-year loan was arranged for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) - [Patience and Determination Leads to Happy Ending for ALF Owner in Florida](https://www.cambridgecap.com/blog/patience-and-determination-leads-to-happy-ending-for-snf-owner-in-florida/) - You can’t blame owner/operators of smaller, independently-owned senior care properties for feeling picked on from time to time. It happens that rules sometimes appear to be stacked against them. For example, in Florida, the owner of a 55-bed assisted living property wanted to refinance his property with a $4 million HUD 232 mortgage loan. But - [Experienced Borrowers Say Success Hinges On Experienced Lenders](https://www.cambridgecap.com/blog/experienced-borrowers-say-success-hinges-on-experienced-lenders/) - No one knows better the importance of working with an experienced service provider than an experienced consumer. This is true for a variety of circumstances, whether you are shopping for a new vehicle or you're in the market for a loan. Naturally, Cambridge Realty Capital wants to be your senior living loan provider. However, Cambridge - [Cambridge Arranges $3 Million HUD Loan To Refinance McGill Terrace In Chicago, IL](https://www.cambridgecap.com/blog/cambridge-arranges-3-million-hud-loan-to-refinance-mcgill-terrace-in-chicago-il/) - Cambridge Realty Capital Companies reports arranging a $3,262,400 HUD loan to refinance McGill Terrace, a 48-unit apartment building located in Chicago, IL. Jeffrey A. Davis, Cambridge President, said the fully-amortized, 35-year loan was arranged for the owner, an Illinois limited partnership, using the HUD Section 207 pursuant to Section 223(f) funding program. Underwriting the transaction - [Cambridge Arranges $13 Million HUD Lean Loan To Refinance Jasmin Terrace At El Molino, Located In Pasadena, CA](https://www.cambridgecap.com/blog/cambridge-arranges-13-million-hud-lean-loan-to-refinance-jasmin-terrace-at-el-molino-located-in-pasadena-ca/) - Cambridge Realty Capital Companies reports arranging a $13,050,000 HUD Lean loan to refinance Jasmin Terrace, a 150-bed assisted living facility located in Pasadena, California. Hymie Barber, National Originations Manager, said the fully-amortized, 30-year loan was arranged for the owner, a California limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding program. - [Problem Properties Are Not An Automatic Strike In Cambridge's Books](https://www.cambridgecap.com/blog/problem-properties-are-not-an-automatic-strike-in-cambridges-books/) - With more and more conventional lenders getting out of the business of senior living lending, where has this left developers looking to rehabilitate problem properties and flip them for profit? According to Cambridge Realty Capital President Jeffrey Davis, boutique institutions like Cambridge Realty Capital are still funding "problem properties" thanks to HUD. In fact, Davis - [Four Of Cambridge's Greatest Strengths As Identified By Cambridge Clients](https://www.cambridgecap.com/blog/four-of-cambridges-greatest-strengths-as-identified-by-cambridge-clients/) - An accurate measure of any company's strengths is best told by its customers. Consumers trust other consumers, and it's a fact that Cambridge Realty Capital's Founder and President Jeffrey Davis doesn't take lightly. "We are serious about doing right by our clients," he stated, although that commitment goes deeper than merely a desire to get - [Cambridge Makes A Difficult Process Easier When It Comes To HUD Funding](https://www.cambridgecap.com/blog/cambridge-makes-a-difficult-process-easier-when-it-comes-to-hud-funding/) - No matter how you slice it, the HUD application process can be onerous. "We don't sugarcoat it," says Cambridge Realty Capital Founder and President Jeffrey Davis. "When a client makes inquiries about applying for a HUD loan, we are very straightforward about what is involved and what they will need to bring to the table - [Cambridge Stands The Test Of Comparison Shopping](https://www.cambridgecap.com/blog/cambridge-stands-the-test-of-comparison-shopping/) - Even after shopping around for a HUD loan provider, borrowers keep coming back to Cambridge Realty Capital. It is something that Cambridge Founder and President Jeffrey Davis has seen time and again over Cambridge's thirty-plus years in business. Shopping around is prudent and makes sound business sense. But as it turns out, "Cambridge is often - [Video Teaser: Cambridge's Senior Housing Investment & Finance Program](https://www.cambridgecap.com/blog/video-teaser-cambridges-senior-housing-investment-finance-program/) - Message From the Founders Series Cambridge Realty Capital has a unique investment strategy, and it has evolved in significant ways over the years. Cambridge founder Jeffrey A. Davis talks about how it has changed since he started Cambridge Realty Capital in 1983 in an informative video entitled "Cambridge's Senior Housing Investment and Finance Program." Cambridge - [Latest Interest Rate Hike Will Motivate Fence Sitters To Action](https://www.cambridgecap.com/blog/latest-interest-rate-hike-will-motivate-fence-sitters-to-action/) - If you're a senior living developer, owner or operator who has been thinking about refinancing or obtaining a new construction loan, now is the time to act, according to Cambridge Realty Capital President and Founder Jeffrey Davis. This is his advice in light of the Federal Reserve's most recent interest rate hike. The Fed raised - [Cambridge Doesn't Waste Clients' Time, Says Commercial Real Estate Mortgage Broker](https://www.cambridgecap.com/blog/cambridge-doesnt-waste-clients-time-says-commercial-real-estate-mortgage-broker/) - If there is one thing that is a more valuable commodity than money, it's time. For many, time is money. However, time is also availability for for family, leisure activities and personal growth. So when you find a business ally that not only values your money but also respects your time, it's a win for - [Cambridge Provides $21 Million HUD Lean Loan To Refinance The Abington Of Glenview, Located In Glenview, IL.](https://www.cambridgecap.com/blog/cambridge-provides-21-million-hud-lean-loan-to-refinance-the-abington-of-glenview-located-in-glenview-il/) - Cambridge Realty Capital Companies reports providing a $21,200,000 HUD Lean loan to refinance The Abington of Glenview, a skilled care nursing home located in Glenview, IL. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 35-year loan was arranged for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) - [The Government May Be Closed, But Cambridge Is Still Open For Business](https://www.cambridgecap.com/blog/the-government-may-be-closed-but-cambridge-is-still-open-for-business/) - The federal government may be at a standstill, but that doesn't mean your loan application has to wait. "The government can shut down, but Cambridge will always remain open," stated Jeffrey Davis, President and Founder of Cambridge Realty Capital. "Be it hail, snow, blizzards, or frigid Midwest winters, the company is there to address capital - [Changes To Section 232 Have Made HUD Funding More Accessible And Available To More Borrowers](https://www.cambridgecap.com/blog/changes-to-section-232-have-made-hud-funding-more-accessible-and-available-to-more-borrowers/) - Changes to HUD Section 232 funding which came into effect in January of 2017 have made it possible for more senior living owners to access HUD funding. In fact, even some non-owner/operators and applicants who have been previously denied HUD funding have been able to qualify under the new regulations. In the nearly two years - [How Cambridge Gets The Deal Done When Other Lenders Can't](https://www.cambridgecap.com/blog/how-cambridge-gets-the-deal-done-when-other-lenders-cant/) - When it comes to getting a deal done, Cambridge Realty Capital shines in three major areas, according to satisfied clients: savvy investing, a positive reputation with HUD and a widespread and diverse network of operators and financial contacts within the senior care industry. Savvy Investing "Primarily, Cambridge is focused on [investing in] properties with turnaround - [Cambridge Speaks The Language Of The Layperson…And The Experienced Owner/Operator](https://www.cambridgecap.com/blog/cambridge-speaks-the-language-of-the-laypersonand-the-experienced-owner-operator/) - Navigating the waters of the loan market, with all of its unique and idiosyncratic terminology plus its myriad of options and products, is daunting enough for those in the senior living business. Imagine you are a senior living owner or operator who is now trying to convey this information to a lay board of directors - [Clients Appreciate Cambridge's Impeccable Timing When It Comes To Getting Deals Done](https://www.cambridgecap.com/blog/clients-appreciate-cambridges-impeccable-timing-when-it-comes-to-getting-deals-done/) - Time is money, no matter what business you are in, and that includes senior living and healthcare. Cambridge Realty Capital knows that saving a client's time means they are helping them save money, and it is a commitment that Cambridge takes seriously when it comes to the expedient processing of loan applications. In fact, it - [HUD Vs. Bank Construction Loan For Senior Housing Development What's Best For You](https://www.cambridgecap.com/blog/hud-vs-bank-construction-loan-for-senior-housing-development-whats-best-for-you/) - HUD loans are well known in the marketplace for providing competitive rates and favorable terms, and many senior living operators have taken advantage of these throughout Cambridge's decades of involvement with HUD lending. In fact, HUD loans for existing facilities make up a significant portion of Cambridge's total HUD lending. However, as Cambridge President Jeffrey - [New Development in Senior Housing/Healthcare Properties Looks Strong for 2019](https://www.cambridgecap.com/blog/new-development-in-senior-housing-healthcare-properties-looks-strong-for-2019/) - The current development cycle could prove to be a windfall for senior housing/healthcare operators who know how to interact with developers, funding expert Jeffrey A. Davis believes. Mr. Davis is Chairman of Chicago-based Cambridge of Cambridge Realty Capital Companies. The company is one of the nation’s leading senior housing/healthcare lenders and acquires properties through its - [Not All Senior Care Investment Opportunities Are Created Equal](https://www.cambridgecap.com/blog/not-all-senior-care-investment-opportunities-are-created-equal/) - Here’s a word of caution for investors considering a foray into the bustling senior housing/healthcare investment marketplace: “Business is booming, but not all deals in this dynamic industry are created equal or have the same chance for success,” says Cambridge Realty Capital Companies Chairman Jeffrey A. Davis. “Invariably, the success of any investment in this - [Senior Housing Market Experiences a Relatively Weak First Quarter](https://www.cambridgecap.com/blog/senior-housing-market-experiences-relatively-weak-first-quarter/) - It is no secret that demand for senior housing is on the rise as the American population ages. Senior housing companies are trying to develop and expand to meet this demand, but some markets under-performed in the first quarter of this year. According to the National Investment Center for Seniors Housing and Care, those underper-forming - [Hospitality Innovations Help Providers Differentiate From Competitors](https://www.cambridgecap.com/blog/hospitality-innovations-help-providers-differentiate-competitors/) - As new investors enter the senior housing and healthcare market, one group of new entrants stands out – those former or current leaders in the hospitality market. Hospitality leaders are making their mark on the senior housing industry and helping senior housing communities stand out from the pack with innovations in operations, development, and design. - [In Senior Housing, Choosing the Right Market and Partner are Essential to Success](https://www.cambridgecap.com/blog/senior-housing-choosing-right-market-partner-essential-success/) - Recent data has pointed to overbuilding in some markets. It is therefore vital that senior housing providers take a more disciplined and strategic approach to development. The decisions made today will determine whether or not a company will thrive in the future. Success in a new market requires not just an eye on the current senior - [Investing Opportunities in Assisted Living Real Estate](https://www.cambridgecap.com/blog/investing-opportunities-assisted-living-real-estate/) - A recent U.S. News article highlighted the investing opportunities in assisted living real estate. The article highlighted the fact that investment in assisted living is not just attractive for large senior living companies, but can also prove quite lucrative for individual investors. It is no secret that the baby boomer population is aging, with the - [Healthcare Expert Believes Cambridge Is Prime Example Of A Forward-Thinking Company That Is Attuned To Technology Changes](https://www.cambridgecap.com/blog/healthcare-expert-believes-cambridge-is-prime-example-of-a-forward-thinking-company-that-is-attuned-to-technology-changes/) - Keeping pace with clinical and regulatory change in the senior housing/healthcare industry isn’t getting any easier, but some small entrepreneurial investors are finding inventive ways to stay ahead of the curve. So says Trissie Copses Farr, a Senior Vice President and head of the Formation Healthcare Group (FHG) of Alpharetta, GA, an Atlanta suburb. The - [Multi-Facility Conventional Funding Program Drawing Interest From Senior Housing/Healthcare Borrowers](https://www.cambridgecap.com/blog/multi-facility-conventional-funding-program-drawing-interest-from-senior-housing-healthcare-borrowers/) - Cambridge Realty Capital Companies reports an up-tick of interest in a conventional funding program that owners and operators of multi-facility congregate retirement apartments, assisted living facilities and nursing homes are using to refinance or acquire properties for existing portfolios or capitalize new construction. Chairman Jeffrey A. Davis said the company’s Multi-Facility Plus conventional financing program - [Veteran's Benefits and Options Matter to Cambridge](https://www.cambridgecap.com/blog/veterans-benefits-and-options-matter-to-cambridge/) - Cambridge Realty Capital staff members spend a great deal of their time working on various aspects related to the financing of assisted living facilities for seniors. While this business is ultimately all about the seniors who benefit from the care they receive in those facilities, Cambridge doesn't often get to see that side of the - [Glossary of Terms Aids Borrowers on Cambridge Website](https://www.cambridgecap.com/blog/glossary-terms-aids-borrowers-cambridge-website/) - What do you do when you chance upon a word, phrase or acronym you don’t recognize? An option for senior housing/healthcare industry professionals is to check with a Glossary of Terms posted on the Cambridge Realty Capital Companies corporate website, www.cambridgecap.com. Here alphabetically arranged definitions for everything from a haircut to a kicker to a - [Study Shows Consumers Not Keeping Pace With Changes In Senior Care Housing](https://www.cambridgecap.com/blog/study-shows-consumers-not-keeping-pace-with-changes-in-senior-care-housing/) - A new study by the Conversation Research Institute (CRI) confirms something senior housing/ healthcare owners and operators have suspected for a very long time. “The research shows that those looking for care for a loved one do not understand the various types of care options available in the market today. Rapid progress has apparently outpaced - [Cambridge Staff "Readily Available" For $28,000,000 Three-Property HUD Loan Closing, According To Continuing Healthcare Vice President](https://www.cambridgecap.com/blog/cambridge-staff-readily-available-for-28000000-three-property-hud-loan-closing-according-to-continuing-healthcare-vice-president/) - Ben Parsons, General Counsel and Vice President of Continuing Healthcare Solutions of Ohio, says Cambridge Realty Capital staff members were "readily available" throughout a recent deal. The entire process took about nine months and involved obtaining three HUD Lean loans for three separate properties. Parsons worked closely with Cambridge Vice President Anthony Marino and Managing - [Hurricanes, Labor Shortages Driving Up The Cost Of New Senior Housing, Cambridge Sees More Opportunity For Existing Buildings](https://www.cambridgecap.com/blog/hurricanes-labor-shortages-driving-up-the-cost-of-new-senior-housing-cambridge-sees-more-opportunity-for-existing-buildings/) - The possibility of new building of senior living slowing down has those with a stake in the senior living industry concerned about the future. The beginning of 2018 saw lumber prices up 13% over 2017, the result of the very active and destructive hurricane season, as well as possible tariffs on wood imported from Canada. - [Skilled Nursing Facilities Finding Stability In HUD First Mortgage Loans For Future Fixed-Rate Financing](https://www.cambridgecap.com/blog/skilled-nursing-facilities-finding-stability-in-hud-first-mortgage-loans-for-future-fixed-rate-financing/) - Cambridge Realty Capital Chairman Jeffrey Davis predicts that the demand for HUD loans by skilled nursing facility owners will grow in the coming years. "The financial landscape is changing for skilled nursing facilities." Faced with a skilled labor shortage, rising interest rates and the cost of providing health services growing faster than inflation, owners/operators are - [HUD Stays True To Its Original Mission Even In Uncertain Markets](https://www.cambridgecap.com/blog/hud-stays-true-to-its-original-mission-even-in-uncertain-markets/) - Skilled nursing facility owners are re-evaluating their plans in the face of an uncertain financial future. However, says Cambridge Realty Capital Chairman Jeffrey Davis, HUD financing has not changed and remains as accessible as ever to borrowers in the skilled nursing facility sector. "Conventional lenders have begun 'red flagging' skilled nursing facilities," says Davis. It - [To Own or Lease – For Senior Housing/Healthcare Businesses, That is the Question!](https://www.cambridgecap.com/blog/to-own-or-lease-for-senior-housing-healthcare-businesses-that-is-the-question/) - Those pondering the advisability of owning or leasing the real estate that houses their senior housing/healthcare business typically find there’s not a world of difference between the options. There are more similarities than differences when comparing these choices, says Cambridge Realty Capital Companies Chairman Jeffrey A. Davis. Cambridge is one of the nation’s leading senior - [Lack Of Affordable Housing Keeping Baby Boomers From Retiring](https://www.cambridgecap.com/blog/lack-of-affordable-housing-keeping-baby-boomers-from-retiring/) - The so-called "Silver Tsunami," referring to the baby boom generation that is just beginning to reach retirement age, hasn't even crested. Nevertheless, baby boomers are already starting to feel the pinch when it comes to housing. However, seniors aren't the only ones who will suffer. "The impact will be felt across the country," predicts Jeffrey - [Neither Interest Rate Hikes Nor Inflation Having A Negative Impact On Cambridge's Business](https://www.cambridgecap.com/blog/neither-interest-rate-hikes-nor-inflation-having-a-negative-impact-on-cambridges-business/) - At its May meeting, the Federal Reserve took the position that it won't panic if inflation stays slightly above the normally-desired 2 percent rate, presumably at least until its June 12 meeting. All signs seem to point to another interest rate hike at that time. Although the Fed's seemingly nonchalant approach to the current inflation - [Senior Living Deal May Open Doors To HUD Funding For Unlicensed Facilities Catering To Senior Living](https://www.cambridgecap.com/blog/senior-living-deal-may-open-doors-to-hud-funding-for-unlicensed-facilities-catering-to-senior-living/) - HUD 232 funding has traditionally been thought of as a product that is available strictly to licensed senior care facilities. However, a recent senior living deal in Florida may have opened the door for unlicensed facilities to access HUD funding, according to Cambridge Realty Capital chair Jeffrey Davis. The Florida facility owner tapped into an - [Cambridge Makes Complex Deals Happen](https://www.cambridgecap.com/blog/cambridge-makes-complex-deals-happen/) - Obtaining financing for the purchase of a senior care facility is complicated even when all contributing factors are straightforward. However, not all circumstances can fit into a nice, neat box. Sometimes owners/operators come to Cambridge Realty Capital Companies on a second or third try because their situation has so many variables and complexities that conventional - [Cambridge Not a One-Trick Pony, Chairman Says](https://www.cambridgecap.com/blog/cambridge-not-one-trick-pony-chairman-says/) - In a decade marred by over-building and credit woes, the management team at Cambridge Realty Capital Companies made a critical strategic move. “We decided to focus our energies exclusively on the senior care industry,” Chairman Jeffrey A. Davis explains. Cambridge was founded in 1983 and during the decade of the 1980s financed commercial real estate - [Why High Acuity Senior Care Facilities Need HUD Loans And Why Cambridge Is The Place To Get One](https://www.cambridgecap.com/blog/why-high-acuity-senior-care-facilities-need-hud-loans-and-why-cambridge-is-the-place-to-get-one/) - When the FHA loan (which later became the "HUD" loan) was first created, it was designed with a two-fold mission: to put American families into their own homes, and to stimulate a near-stagnant construction industry. Today, the HUD loan is still associated with that original mission. However, over the last three decades, "the HUD loan - [Thorough Understanding Of State Regulations Key To Building New Senior Housing Facilities, Says Cambridge Founder](https://www.cambridgecap.com/blog/thorough-understanding-of-state-regulations-key-to-building-new-senior-housing-facilities-says-cambridge-founder/) - The Empire State is known to be one of the hardest markets to break into when it comes to new senior housing builds, although it is certainly not due to lack of need, particularly for low to moderate-income seniors. In 2016, the number of people waiting for affordable senior housing was estimated to be approximately - [What Clients Have To Say About Cambridge: An Atypical Borrower Gets An Atypical Approach With Cambridge Realty Capital](https://www.cambridgecap.com/blog/what-clients-have-to-say-about-cambridge-an-atypical-borrower-gets-an-atypical-approach-with-cambridge-realty-capital/) - All business is complicated, but when it comes to the senior housing industry, some businesses are less "typical" than others. It's one thing to be a senior living operator. It's even more complex when you're in the business of both operating a facility and owning the property on which the facility is located. The Sandy - [What Cambridge Clients Have To Say: Cambridge Went Out On A Limb For Me](https://www.cambridgecap.com/blog/what-cambridge-clients-have-to-say-cambridge-went-out-on-a-limb-for-me/) - Transcendent Healthcare is a reputable, well-established healthcare facility operator in Indiana. However, it wasn't long ago when Transcendent was a small start-up company with a handful of employees and a founder with big dreams. Tom O'Niones developed both his strong work ethic and his passion for the senior care industry at a young age. He - [Fed Rates Raised To 1.75 Percent With More Hikes To Come](https://www.cambridgecap.com/blog/fed-rates-raised-to-1-75-percent-with-more-hikes-to-come/) - As expected, the Federal Open Market Committee (Fed) raised its rate to 1.75 percent (up from 1.5 percent) at its most recent meeting March 20 and 21. The hike came in spite of warnings and predictions of disaster and doom by some financial heavy-hitters. Under former chair Janet Yellen, the Fed was able to meet - [Illinois Ranks 33 Out Of 50 States For Cost Of Being A Senior](https://www.cambridgecap.com/blog/illinois-ranks-33-out-of-50-states-for-cost-of-being-a-senior/) - If your parents retire in Illinois, they'll be better off than retirees in Hawaii (in spite of getting the shorter end of the climate stick). However, they will be worse off than their counterparts in Oklahoma, where senior care is cheap and abundant, and the overall cost of living is among the lowest in the - [Senior Facility Investors Favor Continuum Of Care Model According To Recent Survey](https://www.cambridgecap.com/blog/senior-facility-investors-favor-continuum-of-care-model-according-to-recent-survey/) - Results from a recent survey* on senior housing indicate that investors favor a continuum-of-care model as most desirable. The survey, conducted by JLL of Chicago, is the first of what is planned to become a semi-annual survey of real estate and senior housing investors. Cambridge Realty Capital Founder and Chairman Jeffrey Davis agrees with the survey's - [Changing of the Guard at The Fed: No Surprises Predicted for Economy](https://www.cambridgecap.com/blog/changing-of-the-guard-at-the-fed-no-surprises-predicted-for-economy/) - As expected, Fed Governor Jerome Powell was overwhelmingly voted in as the new Federal Reserve Chairperson in January. Even Democrats were largely in favor of his leadership. In spite of Trump's aggressive talk on loosening some of the restraints on businesses in the US, Powell is not expected to make any radical changes, at least, - [Rising Interest Rates Will Hit Variable Rate Loan Holders Hardest](https://www.cambridgecap.com/blog/rising-interest-rates-will-hit-variable-rate-loan-holders-hardest/) - 2017 has been a record-breaking year in a several key areas which stand to significantly impact loan renewals. Unemployment is lower than it has been for several decades, inflation is in check and the stock market is soaring while also experiencing less volatility than any time in the last thirty years. The economy is strong, - [Fed's Recent Interest Rate Hike Comes As No Surprise](https://www.cambridgecap.com/blog/feds-recent-interest-rate-hike-comes-as-no-surprise/) - For months now, all signs have been pointing to an end-of-2017 interest rate hike, so the decision by the Federal Reserve to make the jump from 1.25 percent to 1.5 percent on December 13 did not come as a surprise to economy-watchers. The Fed also did not deviate from its plan to raise interest rates - [What Some Clients Say About Cambridge](https://www.cambridgecap.com/blog/what-some-clients-say-about-cambridge/) - Here’s something many clients say they like about Cambridge Realty Capital: the company’s results-oriented loan origination scoring system, which assures that the HUD loan applications the company agrees to process and fund have an exceptionally high probability of success. “Since HUD reorganized and centralized its operation in 2009, Cambridge has had a 100 percent success - [Cambridge Again Ranks In The Top 10 US HUD 232 Lenders For 2017!](https://www.cambridgecap.com/blog/cambridge-again-ranks-in-the-top-10-us-hud-232-lenders-for-2017/) - Cambridge Realty Capital again placed in the Top 10 in the US for total amount of HUD 232 loan money granted in 2017. The data for the annual list is compiled and published by the US Federal Housing Administration. It examines the activity of all HUD 232 lenders in the US. What makes Cambridge's Top - [Cambridge Arranges $10 Million HUD Loan To Refinance Birchwood Suites Located In East Northport, NY](https://www.cambridgecap.com/blog/cambridge-arranges-10-million-hud-loan-to-refinance-birchwood-suites-located-in-east-northport-ny/) - Cambridge Realty Capital Companies reports arranging a $10,372,300 HUD Lean loan to refinance a 92-bed assisted living/memory care/independent living facility located in East Northport, NY. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 26-year loan was arranged for the owner, a New York limited liability company, using the HUD Section 232 pursuant to Section 223(f) - [Aging Baby Boomer Generation to Increase Demand for Senior Housing](https://www.cambridgecap.com/blog/aging-baby-boomer-generation-increase-demand-senior-housing/) - The Baby Boomer generation is aging. Out of the 23 million single baby boomers, 15 million do not have children. According to the recent retirement study conducted by Merrill Lynch, 52 percent of adults aged 75 and older live alone, while among those 85 and older approximately 75% find normal daily activities challenging to perform. - [Data Breaches and Senior Living](https://www.cambridgecap.com/blog/data-breaches-senior-living/) - We live in a world where we are extremely vulnerable to hackers and security breaches. That is the risk of the electronic age. With huge companies such as Target and Home Depot falling victim to data breaches, where millions of customers’ credit card information was leaked, and Sony Picture’s recent hacking, it is apparent that - [Should Senior Living Operators Make AEDs Available?](https://www.cambridgecap.com/blog/senior-living-operators-make-aeds-available/) - AEDs, or automated external defibrillators, have gained widespread use as emergency resuscitation devices to treat cardiac arrest. The devices help evaluate the distressed individual’s cardiac rhythm and determine whether a shock is needed to help restart a regular rhythm. The devices are widely available in public and private establishments ranging from airports to fitness centers. - [REITs Continue to Make Headlines](https://www.cambridgecap.com/blog/reits-continue-make-headlines/) - REITs, or “real estate investment trusts,” are a hot topic in the healthcare finance industry. While some caution(and have done so for years) that they can’t maintain their current rapid growth rate, healthcare REITs seem to continue to do just that: grow and expand. Healthcare REIT Record Public Offering This past week, for example, Health - [Is Over 55 Housing Illegally Discriminatory?](https://www.cambridgecap.com/blog/55-housing-illegally-discriminatory/) - A common question related to senior housing, particularly senior housing that has minimum age requirements, asks whether that violates anti-discrimination laws. The short answer is usually no, but there remains reason for senior housing owners and operators to proceed cautiously and ensure consultation with appropriate attorneys and governmental authorities. The main federal law that is - [Avoiding Pressure Sores and Litigation](https://www.cambridgecap.com/blog/avoiding-pressure-sores-litigation/) - It is estimated that nearly 43% of the U.S. population now 65 and older will reside in nursing homes during their lifetime. It means those in the senior housing industry can continue to expect nursing home properties to be a large source of business. However, because of the compromised physical state of many seniors residing - [Social Security Changes for 2015 and Myths Debunked](https://www.cambridgecap.com/blog/social-security-changes-2015-myths-debunked/) - The rules of Social Security benefits are incredibly complex and confusing for many. Over the years, myths have developed about many aspects of the program, some containing kernels of truth, while some are completely false. We’d like to debunk some of these myths today. Myth: Throughout your career when you work and contribute to Social - [The Results are In: Top Ten Senior Living Providers for 2015](https://www.cambridgecap.com/blog/results-top-ten-senior-living-providers-2015/) - Merger and acquisition activity in the senior living sector shattered records in 2014, with transactions worth $8.7 billion in the fourth quarter alone. The year overall saw approximately 280 transactions together worth $25.75 billion. This marks a 27% increase in the fourth quarter of 2014, and 121% merger and acquisition growth for the year overall. - [Senior Living Marketing to the Community, Consumer, and Health Care Providers](https://www.cambridgecap.com/blog/senior-living-marketing-community-consumer-health-care-providers/) - The number of retirees in the country is growing rapidly, and with the growth in the older American population comes an increase in options for senior living. With so many options available to seniors, it is important that senior living communities begin marketing at the development phase. Before breaking ground, senior living facilities must gain - [Senior Housing Real Estate Transactions Push Past the $25 Billion Mark in 2014](https://www.cambridgecap.com/blog/senior-housing-real-estate-transactions-push-past-25-billion-mark-2014/) - Led by quite a few high profile mergers and acquisitions, senior housing real estate transactions in 2014 passed the $25 billion mark. There are no signs of slowing down in the coming year. Scott Brinker, Executive Vice President and Chief Investment Officer at Health Care REIT, Inc. remarked “there’ll be lots of acquisition activity in - [Building a Relationship with your Senior Housing Lender](https://www.cambridgecap.com/blog/building-relationship-senior-housing-lender/) - Relationships are important in all aspects of business, and the relationship with your lender is no different. Senior housing providers may wish to listen to the words of Cambridge Realty Capital’s Managing Director Sampada D’silva – “Establishing a positive, long term relationship with a lender is important to the borrower for many reasons, most obviously - [Protecting the Integrity of Medicare Act (2015) Passes Ways and Means Committee](https://www.cambridgecap.com/blog/protecting-integrity-medicare-act-2015-passes-ways-means-committee/) - Protecting the Integrity of Medicare Act (PIMA) of 2015 was introduced by Health Subcommittee Chairman Kevin Brady (R-TX) and Ranking Member Jim McDermott (D-WA). The bill has passed the approval of the Ways and Means Committee and is now awaiting introduction to the floor. Currently, the act has 31 co-sponsors – 20 Republicans and 11 - [Honor Raises $20 Million from Investors](https://www.cambridgecap.com/blog/honor-raises-20-million-investors/) - Honor is a startup that has been likened to Uber, an app that allows people to request transportation on demand and automatically pay. The company has raised $20 million from investors. Honor is a new model for in-home senior care invented by Seth Sternberg, co-founder and CEO of Meebo (acquired by Google for $100 million - [Senior Living Search Trends](https://www.cambridgecap.com/blog/senior-living-search-trends/) - Google recently released a survey of search engine trends entitled 2014: A Year in Search. This survey included in part a look into how Baby Boomers and their parents utilize the internet to search for senior living communities. Google surveyed over 2,000 younger and older Baby Boomers in the age categories of 50-58 and 59-68. - [Senior Living Finance in the News: Wells Fargo Creates New Senior Housing Finance Group to Address Demand for Assisted Living](https://www.cambridgecap.com/blog/senior-living-finance-news-wells-fargo-creates-new-senior-housing-finance-group-address-demand-assisted-living/) - As the population of Americans aged 65 and older grows, demand for senior living options is rapidly on the rise. The Baby Boomer generation is aging, and the senior housing and healthcare industries are already feeling the effects. The U.S. Census Bureau projects that the 65 and older population in the United States is expected - [Cambridge Realty Capital Removes the Complexity from the HUD Loan Process](https://www.cambridgecap.com/blog/cambridge-realty-capital-removes-complexity-hud-loan-process/) - Here at Cambridge Realty Capital, we have been hard at work streamlining the HUD loan process for our clients. Specifically, we have been working on launching a new loan servicing website that generates paperless mortgage documents for our HUD clients, as well as working to make the HUD appraisal process for senior living and healthcare - [Cambridge’s Most Recent HUD Loan Success Demonstrates Why Cambridge is a Top HUD Lender](https://www.cambridgecap.com/blog/cambridges-recent-hud-loan-success-demonstrates-cambridge-top-hud-lender/) - Cambridge Realty Capital has arranged a $5,941,500 HUD loan for the refinancing of the Olivenhain Guest Home in Encinitas, California. The 30-year loan was arranged using the HUD Section 232 pursuant to Section 223(f) funding program. The Olivenhain Guest Home provides its residents with memory care and assisted living services. Specializing specifically in senior housing - [Memory Care: An Evolving Market](https://www.cambridgecap.com/blog/memory-care-evolving-market/) - As we have discussed previously, the American population is aging. With the baby boomer generation getting older, we are already seeing the demand for senior housing and assisted living increasing. Senior living companies are preparing for the increase in demand with new construction projects and expansions. The companies are investing in all areas of senior - [Own Vs. Lease in Senior Housing?](https://www.cambridgecap.com/blog/vs-lease-senior-housing/) - The latest Cambridge “Message from Our Founders” addresses the issue of whether it is better for Senior Housing Operators to own or lease their communities. Jeffrey A. Davis, Chairman and CEO of Cambridge Realty Capital answers clients’ questions in the latest YouTube video installment. Whether Owning or Leasing Is Right for Your Community Depends on - [The Latest in Senior Housing Investments and Transactions](https://www.cambridgecap.com/blog/latest-senior-housing-investments-transactions/) - We are now well into the second quarter of 2015, and senior housing investments and transaction deals show no signs of slowing down. Some of the latest transactions include the following: Brentmoor Retirement Community Acquired by Titan SenQuest Management, Inc. The deal was facilitated by Greystone, a real estate investment and advisory company. The property - [Top Reasons to Look to Cambridge For Your HUD Lending Needs](https://www.cambridgecap.com/blog/top-reasons-look-cambridge-hud-lending-needs/) - Cambridge Realty Capital is consistently a leader in HUD lending. Our managing director Sampada D’Silva can list many reasons why you should consider Cambridge as your HUD Lender: Cambridge Realty Capital has spent years as a top HUD lender, as well as a top choice for any other senior housing/healthcare financing needs, with more than - [Cambridge Realty Capital is Committed to Superior Client Service](https://www.cambridgecap.com/blog/cambridge-realty-capital-committed-superior-client-service/) - This week, Cambridge Realty Capital arranged for a $6 million HUD Lean loan for the refinancing of the Olivenhain Guest Home in Encinitas, California. Continuing its tradition of excellence and expertise in HUD lending, Cambridge arranged for a fully-amortized, 30 year HUD Section 232 pursuant to Section 223(f) loan for the owner of the Olivenhain - [Latest Senior Housing and Healthcare Acquisitions](https://www.cambridgecap.com/blog/latest-senior-housing-healthcare-acquisitions/) - On June 18, Health Care REIT and Revera, Inc. announced plans to acquire Regal Lifestyle Communities, Inc. in a $623 million deal. The two parties already have an existing 75/25 joint venture. Regal Lifestyle Communities is a Toronto-based company that owns and operates 23 senior housing communities with over 3,600 units. The portfolio includes 13 - [The Latest in Senior Housing Investment Transactions](https://www.cambridgecap.com/blog/latest-senior-housing-investment-transactions/) - Legend Senior Living Acquires Five Communities from Signature Senior Living Legend Senior Living has recently acquired five assisted living and memory care communities in Texas formerly operated by Signature Senior Living. The communities have a combined 375 housing units, and have all been built in the last four years. Legend Senior Living is planning to - [Recent Bridge Loan Arranged By Cambridge Demonstrates Our Commitment to Client Service](https://www.cambridgecap.com/blog/recent-bridge-loan-arranged-cambridge-demonstrates-commitment-client-service/) - The Diakonos Group LLC, specializes in the redevelopment of underperforming facilities. The company currently owns and operates five skilled nursing homes, six assisted living communities, an independent living community, and five smaller intermediate care facilities for adults with developmental disabilities. The Diakonos Group is so committed to service that its company name literally means “servant” - [The Fed and the Interest Rate](https://www.cambridgecap.com/blog/fed-interest-rate/) - There has been speculation for some time as to when the Fed will raise the benchmark federal-funds interest rate. Since the economic recession the Fed has kept the interest rate low at almost zero percent in order to stimulate the economy. With the recent uptick and substantial growth seen in the markets, many economists believe it - [The Fed’s Retreat](https://www.cambridgecap.com/blog/the-feds-retreat/) - Every year the leaders of the Federal Reserve, important policy makers, and economists flock to Jackson Hole, Wyoming for an annual retreat sponsored by The Federal Reserve Bank of Kansas City. The retreat began in 1982 and has been held in Jackson Hole for the simple reason that the Fed Chair at the time, Paul - [Senior Housing Providers Prepare for a Higher Demand for Memory Care](https://www.cambridgecap.com/blog/senior-housing-providers-prepare-higher-demand-memory-care/) - The number of Americans with memory impairments or dementia is expected to continue to grow every year, as the senior population in this country continues to rise. It is projected that by 2025, the number of seniors affected by Alzheimer’s disease will reach 7.1 million, which is a 40% increase from those affected presently. It - [Nonprofit Acquisition Activity Heating Up in the Senior Living and Healthcare Market](https://www.cambridgecap.com/blog/nonprofit-acquisition-activity-heating-senior-living-healthcare-market/) - Senior living acquisition activity has been heating up in recent years. Some of this new spike in merger and acquisition activity has come from an unexpected place – nonprofit senior living organizations. In 2011, there were less than 20 transactions involving nonprofit owners or sponsors. In 2014, there were just over 50 merger and acquisition - [Staying Relevant in an Increasingly Competitive Senior Housing Market](https://www.cambridgecap.com/blog/staying-relevant-increasingly-competitive-senior-housing-market/) - The senior living industry is becoming an increasingly competitive market, as new developers enter the market and existing developers continually improve their communities. Construction is rapidly on the rise – currently there are 12,000 independent living units under construction, and 20,000 assisted living units are being built. In order to stay relevant, this means creating - [Senior Living and Home Health Joint Venture Capitalizes on Senior Care Market](https://www.cambridgecap.com/blog/senior-living-home-health-joint-venture-capitalizes-senior-care-market/) - Many older Americans say they would prefer to remain in their homes as long as possible, and a growing number of senior living providers are working to capitalize on this. A number report success in adding a home and community-based services sector to their company offering. Ziegler reports that 32.5% of senior living providers are - [Senior Housing in the News: Latest Investments and Transactions](https://www.cambridgecap.com/blog/senior-housing-news-latest-investments-transactions/) - There is much activity in the world of senior housing real estate transactions these days. Highlights from last month include: Pennsylvania: 3 Senior Living Communities Acquired in a 15.7 Million Transaction Lake Erie College of Osteopathic Medicine (LECOM) acquired three senior living communities for $15.7 million. LECOM purchased Parkside Senior Living Communities. Parkside’s communities include: - [Unit Conversion Can Result in Huge Occupancy Gains](https://www.cambridgecap.com/blog/unit-conversion-can-result-huge-occupancy-gains/) - One way that senior living providers are addressing the need for greater assisted living occupancy is through unitconversion. Conversion is enabling housing providers to adapt to the evolving needs of the seniors as well as respond to market changes, increasing the demand for skilled nursing and memory care units. Converting housing units to cater to - [Lender and Borrower Working Together is the Key to A Successful Loan Application](https://www.cambridgecap.com/blog/lender-borrower-working-together-key-successful-loan-application/) - Cambridge Realty Capital knows how to deliver a successful loan application, and is dedicated to providing clients with support throughout the entire process. One example of Cambridge’s superior client service happened recently. A client telephoned Cambridge’s National Origins Manager Hymie Barber that he had just received an offer from Cambridge’s competitor that promised to finance - [Drever Capital Management Investing Heavily in Affordable Senior Housing](https://www.cambridgecap.com/blog/drever-capital-management-investing-heavily-affordable-senior-housing/) - With the senior population in this country on the rise, and the demand for senior housing of all types climbing, many senior housing companies have attempted to create a more affordable senior housing product for those who cannot afford the high rates of the average senior living monthly rent or buy-in fees. Many of those - [HUD and The FHA](https://www.cambridgecap.com/blog/hud-and-the-fha/) - FHA-insured loans The U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), provides FHA-approved lenders with mortgage insurance for a variety of loans. The loans can range from single-family homes to hospitals. The FHA is the single largest issuer of mortgages in the world. It was created as a part - [The Connection Between the Chinese Cool Down and Bay Area Markets](https://www.cambridgecap.com/blog/connection-chinese-cool-bay-area-markets/) - The real estate market in the U.S. has been booming for some time now. More and more people are buying homes across the United States. These purchases are driven by the recent uptick in the economy, the strength of the dollar, and the continued historic low interest rate of the FED. This is especially true - [Getting ‘Real’ With Cambridge Realty Capital](https://www.cambridgecap.com/blog/getting-real-cambridge-realty-capital/) - It’s time to refinance your senior housing/healthcare property (or properties). If realistic expectations are what you’re shopping for, Andrew Delman has a suggestion. Mr. Delman is owner of National Preservation Housing Partners (NPHP), a Deerfield, Ill., business that is exclusively focused on the purchase, rehabilitation and preservation of low-income, Section 8 housing. Since the turn - [Senior Housing Industry in the News: Latest Financial Activity](https://www.cambridgecap.com/blog/senior-housing-industry-news-latest-financial-activity/) - This month, Ziegler, another underwriter for senior living provider financing, has secured $145,055,000 in financing to build a new retirement community in Gig Harbor, Washington to be named Heron’s Key. Heron’s Key is a community that will hold 282 independent living units, 45 skilled nursing units, and 32 memory care units after construction is complete. - [The Stock Market Rally](https://www.cambridgecap.com/blog/stock-market-rally/) - The Slump On August 24th of 2015 the U.S. stock market, reeling from China’s grim economic outlook, plunged substantially. Sell-offs happened throughout the day with the Dow falling around 1,000 points. European markets also suffered throughout the week. Our world and markets are growing ever more dependent and reactionary to each other. Although the week - [China’s Enforcement of its Market](https://www.cambridgecap.com/blog/chinas-enforcement-market/) - Since the its recent decline, the Chinese Government has greatly interfered with its market by forbidding the sharing of stocks, buying up stocks to prop up the market, and even sending the police force to check up on investment firms. The crackdown has been so extreme that a journalist was jailed for a negative article - [Fed Chair Janet Yellen Cautions Against Attempting To Discern Precise Timing For When The Fed Will Eventually Raise Short-Term Interest Rates](https://www.cambridgecap.com/blog/fed-chair-janet-yellen-cautions-attempting-discern-precise-timing-fed-will-eventually-raise-short-term-interest-rates/) - Does it really matter exactly when the Fed raises short-term interest rates? Fed Chair Janet Yellen keeps urging anyone within earshot that they shouldn’t put so much effort into discerning the precise timing of the Fed’s decision to raise rates. What really matters, she assures everyone listening, is what happens after that. “What should matter - [March Jobs Report Shows Continued Labor Market Growth](https://www.cambridgecap.com/blog/march-jobs-report-shows-continued-labor-market-growth/) - According to the Department of Labor, the economy created 192,000 jobs in March. This figure was significantly greater than January’s and February’s initial jobs numbers and seems to indicate that the labor market has recovered after experiencing sub-par growth in those months. A growing labor market is a sign of a growing economy, which benefits all - [Video Teaser: Cambridge’s History in Senior Housing](https://www.cambridgecap.com/blog/video-teaser-cambridges-history-in-senior-housing/) - Cambridge Realty Capital clients are often surprised to discover the real reason that Cambridge founder Jeffrey A. Davis made the decision to focus singularly on senior housing. Davis shares a candid account of that monumental decision with viewers in a video interview entitled “Cambridge’s History in Senior Housing.” Cambridge Realty Capital has created an informative - [Intergenerational Programming The Way Of The Future In Senior Housing](https://www.cambridgecap.com/blog/intergenerational-programming-the-way-of-the-future-in-senior-housing/) - Brent Holman-Gomez, Senior Vice President of senior housing lender Cambridge Realty Capital Companies, believes that "There is a great deal of evidence to suggest that facilitating socialization between seniors and younger generations in a controlled but casual environment has a positive affect on the emotional and physical health of seniors and children alike." Until recently, - [What Some Clients Like About Working With Cambridge](https://www.cambridgecap.com/blog/clients-like-working-cambridge/) - After applying for an FHA-insured HUD loan and agreeing to put themselves through a process that can have its tedious moments, the last thing any borrower wants to put up with is attitude, indifference or incompetence. As J.P. Bailey, the entrepreneurial developer and owner of the Trinity Station continuing care retirement center in Flatwoods, KY., - [Why It’s Important For Borrowers To Explain Their Motives](https://www.cambridgecap.com/blog/why-its-important-for-borrowers-to-explain-their-motives/) - Here are some important things senior housing/healthcare borrowers should keep in mind when applying for popular HUD financing programs. “It’s important that borrowers be prepared to thoroughly explain their business plans and motives. The need lenders have for information can appear to be insatiable at times,” says Cambridge Realty Capital Companies Managing Director Sampada D’silva. - [Commitment to Senior Housing/Healthcare Finance Pays off for Cambridge Realty Capital](https://www.cambridgecap.com/blog/commitment-to-senior-housinghealthcare-finance-pays-off-for-cambridge-realty-capital/) - What a difference a few decades makes. Flash back to the closing days of the last century. At this time, lenders weren’t exactly tripping over themselves to get in on the senior housing/healthcare action as they are today, says funding expert Sampada D’silva. Ms. D’silva is Managing Director of Chicago-based Cambridge Realty Capital Companies, one - [Cambridge Arranges $26,625,000 Bridge Loan To Finance The Ide Management Group Ten-Facility Portfolio](https://www.cambridgecap.com/blog/cambridge-arranges-26625000-bridge-loan-finance-ide-management-group-ten-facility-portfolio/) - Cambridge Realty Capital Companies reports arranging a $26,625,000 loan to finance ten skilled care nursing facilities in Indiana and Iowa. The properties are part of a 14-facility portfolio which the Ide Management Group of Indiana currently operates. Ide was acting on a purchase option agreement it held with the owners to purchase the 14 properties - [Nation's Largest Senior Living Association Identifies Workforce Development As Critical To Future Of Senior Housing Lenders And Investors](https://www.cambridgecap.com/blog/nations-largest-senior-living-association-identifies-workforce-development-critical-future-senior-housing-lenders-investors/) - "In a comprehensive report entitled Getting to 2025: A Senior Living Roadmap, Argentum, one of the nation's leading senior living associations, cited 'workforce development' as the number one issue critical to the future of senior living," notes Cambridge Realty Capital Companies Chairman Jeffrey Davis. The report, which was compiled after in-depth research and consultation with - [New Housing Trend Created For Millennials Attracting Baby Boomers Instead](https://www.cambridgecap.com/blog/new-housing-trend-created-millennials-attracting-baby-boomers-instead/) - In a bid to thrive in the New York City rental market, where competition is stiff and property scarce, one property management and investment company is shining. The NYC-based Ollie created "micro-housing" with parallels to the hotel and hospitality industry and targeting millennials. "Micro-housing" refers to small, compact, efficient apartments that take up minimal precious - [Cambridge Does More Than HUD](https://www.cambridgecap.com/blog/cambridge-does-more-than-hud/) - When Cambridge Realty Capital began, it dealt mainly with conventional loans on a variety of commercial property types. The firm added to its expertise with a HUD lending unit in 1985. Today, Cambridge is well-known in the market as a HUD loan specialist for senior living operators. However, “sometimes people don’t even realize that Cambridge - [Senior Living/University Partnerships May Be The Way Of The Future, Says Cambridge Founder Davis](https://www.cambridgecap.com/blog/senior-living-university-partnerships-may-way-future-says-cambridge-founder-davis/) - A recent report published by Senior Housing News is causing senior living developers and operators to consider the value of senior housing/university partnerships. Inside the Future of University Partnerships in Senior Living is a comprehensive, 27-page, research-based report with the goal of educating senior living stakeholders on the benefits of such collaborations. Cambridge Realty Capital - [Cambridge Gets A New Home And A Fresh Look](https://www.cambridgecap.com/blog/cambridge-gets-new-home-fresh-look/) - After 11 years at 125 S. Wacker Drive, Cambridge Realty Capital gets a new "home" in a new Chicago neighborhood. According to Cambridge founder and Chairman Jeffrey Davis, the move came about for a few reasons. "Our former location was no longer able to serve our present needs," Davis stated. Since settling at the old - [Senior Living Execs Cite Staffing Shortages As The Biggest Challenge Facing Senior Living Quality In 2018](https://www.cambridgecap.com/blog/senior-living-execs-cite-staffing-shortages-biggest-challenge-facing-senior-living-quality-2018/) - Discussions have been going on at the management and executive levels in the senior housing industry for years about future critical staff shortages. While there is no single cause or solution to the problem, everyone agrees that the issue needs to be addressed now rather than later. Brainstorming is one thing, but putting off aggressive - [Cambridge Arranges $20,000,000 Signature Bridge Loan And $1,000,000 Asset-Based Loan To Finance Acquisition Of The Abington Of Glenview, IL](https://www.cambridgecap.com/blog/cambridge-arranges-20000000-signature-bridge-loan-1000000-asset-based-loan-finance-acquisition-abington-glenview-il/) - Cambridge Realty Capital Companies reports arranging a $20,000,000 Signature Bridge Loan and $1,000,000 asset based loan (ABL) to finance the acquisition of The Abington, a 192-bed skilled care facility located in Glenview, Illinois. Cambridge Chairman Jeffrey Davis said the loans were arranged for the borrower, who wanted to exercise their purchase option to acquire the - [Cambridge Provides Creative Funding Solutions For Senior Care Clients in Five States](https://www.cambridgecap.com/blog/cambridge-provides-creative-funding-solutions-senior-care-clients-five-states/) - Since the start of the year, Cambridge Realty Capital Companies National Originations Manager Hymie Barber reports the company has provided over $60 million in conventional funding for 16 skilled nursing and assisted living properties located in the states of Washington, Iowa, New Jersey, Pennsylvania and California. "Cambridge structured creative funding solutions for six clients in - [Cambridge Arranges $3.5 Million HUD Loan To Refinance Country Gardens Assisted Living Located In Muskogee, OK](https://www.cambridgecap.com/blog/cambridge-arranges-3-5-million-hud-loan-refinance-country-gardens-assisted-living-located-muskogee-ok/) - Cambridge Realty Capital Companies reports arranging a $3,520,000 HUD Lean loan to refinance Country Gardens, a 48-bed assisted living facility, located in Muskogee, Oklahoma. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 35-year loan was arranged for the owner, a Missouri limited liability company, using HUD Section 232 pursuant to Section 223(f) funding program, which - [Cambridge Arranges $3.3 Million HUD Loan To Refinance Blythe Post-Acute Care Center Located In Blythe, CA](https://www.cambridgecap.com/blog/cambridge-arranges-3-3-million-hud-loan-to-refinance-blythe-post-acute-care-center/) - Cambridge Realty Capital Companies reports arranging a $3,372,900 HUD Lean loan to refinance Blythe Post-Acute Care Center, a 48-bed skilled care facility located in Blythe, California. Hymie Barber, Cambridge’s National Originations Manager, said the fully-amortized, 26-year loan was arranged for the owner, a California limited liability company, using the HUD Section 232 pursuant to Section - [Where to Build Senior Housing/Healthcare Properties Considered](https://www.cambridgecap.com/blog/build-senior-housing-healthcare-properties-considered-2/) - What metric(s) should senior housing/healthcare providers consider when deciding to build a new facility? “Many use demographics, population statistics, income analysis and penetration rates to help them decide where to build a new facility. But this may not be enough,” advises Cambridge Realty Capital Companies Chairman Jeffrey A. Davis. Cambridge is one of the nation’s - [Why Choose Cambridge: Pioneers In A Sector Other Lenders Wouldn't Touch](https://www.cambridgecap.com/blog/pioneers-in-a-sector-other-lenders-wouldnt-touch/) - When Jeffrey Davis first founded Cambridge Realty Capital in 1983, Cambridge was an all-purpose lender working with a variety of commercial properties. Since 1995, Cambridge has emerged as one of the top senior housing loan firms in the US. So how did this shift take place, and what does it mean for senior housing operators - [Video Teaser: Senior Housing for Today and the Future](https://www.cambridgecap.com/blog/video-teaser-senior-housing-for-today-and-the-future/) - In a market that changes frequently, can a senior housing facility operator make a confident decision when it comes to financing capital? What difference does experience make when looking for a capital provider? How does the ever-changing market play into a facility owner's choice in lenders and lending options? Cambridge Realty Capital has created an - [Cambridge Arranges $9 Million HUD Lean Loan To Refinance Culver West Health Center Located In Los Angeles, CA](https://www.cambridgecap.com/blog/cambridge-arranges-9-million-hud-lean-loan-refinance-culver-west-health-center-located-los-angeles-ca/) - Cambridge Realty Capital Companies reports arranging a $9,200,000 HUD Lean loan to refinance Culver West Health Center, a 91-bed skilled nursing care facility located in Los Angeles, California. Hymie Barber, Cambridge National Originations Manager, said the fully-amortized, 33-year loan was arranged for the owner, a California limited liability company, using the HUD Section 232 pursuant - [Cambridge Arranges $4 Million HUD Lean Loan To Refinance The Californian Located In Pasadena, CA](https://www.cambridgecap.com/blog/cambridge-arranges-4-million-hud-lean-loan-refinance-californian-located-pasadena-ca/) - Cambridge Realty Capital Companies reports arranging a $4,697,200 HUD Lean loan to refinance The Californian, a 65-bed skilled nursing care facility, located in Pasadena, California. Hymie Barber, Cambridge National Originations Manager, said the fully-amortized, 30-year loan was arranged for the owner, a California limited liability company, using the HUD Section 232 pursuant to Section 223(f) - [Publicist Reports on What Clients Believe Makes Cambridge Special](https://www.cambridgecap.com/blog/publicist-reports-clients-believe-makes-cambridge-special/) - What’s so special about Cambridge Realty Capital? Cambridge publicist Edward Snow has been publicizing news and events at the senior housing/healthcare lender since 1986. Over the years he has written hundreds of Cambridge news releases and articles for placement in industry trade magazines, and he also writes copy for the company’s Capital Wisdom newsletter and - [Baby Boomers Spending Time On The Internet, Google Study Reveals](https://www.cambridgecap.com/blog/baby-boomers-spending-time-internet-google-study-reveals/) - A Google survey on search engine trends reveals that, on average, the Baby Boomer generation (those born between 1946 and 1964) spend about three hours a day surfing the internet. A PulsePoints blog post on the Cambridge Realty Capital Companies corporate website notes that Google’s 2014: A Year In Search survey reports that most of - [Cambridge Marketing Communications Makeover Almost Complete](https://www.cambridgecap.com/blog/cambridge-marketing-communications-makeover-almost-complete/) - One of the nation’s leading senior housing/healthcare lenders has announced details for a new corporate identity program that involves the redesign, thrust and focus of the company’s corporate website and other marketing communication tools. Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says the Chicago-based funding specialist is redesigning its corporate website to better anticipate - [Rate Hikes Leave Some Businesses Smiling](https://www.cambridgecap.com/blog/rate-hikes-leave-businesses-smiling/) - Not everyone is down in the mouth about the Federal Reserve Board’s decision to once again start incrementally raising interest rates, a Bankrate Economic survey of many of the nation’s leading economists suggests. Some describe “unintended benefits” that could prove advantageous to many business owners, including the owners and operators of senior housing/healthcare properties, says - [Federal Reserve Board Dovish on Short-Term Rate Hike](https://www.cambridgecap.com/blog/federal-reserve-board-dovish-short-term-rate-hike/) - Market watchers were hardly surprised when the Federal Reserve Board’s Open Market Committee (FOMC) voted not to raise the Fed Funds Rate at its April 16 meeting. In a unanimous 9-1 decision the committee voted to hold the rate in a target range near .25 percent. Earlier this year, there was speculation the Fed might - [Correspondent Agreement Gains Momentum at Cambridge](https://www.cambridgecap.com/blog/correspondent-agreement-gains-momentum-cambridge/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis reports that the company continues to add new “tier one” brokers to a growing list of businesses that have signed the Cambridge Origination Correspondent Agreement successfully rolled out by the company in April, 2012. To date, 56 correspondents nationwide have signed the agreement, a number that is - [Experience Matters in Complex Senior Care Deals](https://www.cambridgecap.com/blog/experience-matters-complex-senior-care-deals/) - This isn’t disputed: Some senior housing/healthcare property loans are easier to make happen than others. Experience matters. Cambridge Realty Capital Companies Assistant Vice President Zachary Scardina reports that decades of experience as senior housing/healthcare lending specialists were skillfully focused on the job at hand when the company was asked to conventionally refinance a $65 million - [Economists Speculate On Effect Recent Events Will Have On Federal Funds Target Rate, Says Cambridge Founder Davis](https://www.cambridgecap.com/blog/economists-speculate-effect-recent-events-will-federal-funds-target-rate-says-cambridge-founder-davis/) - At its most recent meeting, the Federal Open Market Committee (Fed) neither adjusted the federal funds target rate nor indicated an adjustment in the immediate future. In a statement released following its July 25-26, 2017 gathering, it stated: In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the - [Fed's Decision To Sell Off Portfolio Described By Yellen As "Good News"](https://www.cambridgecap.com/blog/feds-decision-sell-off-portfolio-described-yellen-good-news/) - At its late September meeting, the Fed announced it would begin selling off the assets it amassed after the financial crash of 2007. The purchase of approximately $4.5 trillion in bonds and other securities was initiated to mitigate the losses incurred during the crash and to keep interest rates near zero. The plan, according to - [Brookdale Vastly Expands Its Service Offerings](https://www.cambridgecap.com/blog/brookdale-vastly-expands-service-offerings/) - Brookdale Senior Living is currently working to vastly expand its service offerings in order to stay on top of the senior housing game. The company recently acquired Emeritus, the country’s largest memory care and assisted living provider. Emeritus also offers on-call nurses, allowing Brookdale to add home health care to their portfolio. Brookdale’s Emeritus acquisition - [Cambridge Arranges $14 Million HUD Loan To Refinance Wood Glen Nursing Center](https://www.cambridgecap.com/blog/cambridge-arranges-14-million-hud-loan-refinance-wood-glen-nursing-center/) - Cambridge Realty Capital Companies reports arranging a $14,160,000 HUD Lean loan to refinance the Wood Glen Nursing Center, a 148-bed skilled care facility located in Dayton, Ohio. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 30-year loan was arranged for the owner, an Ohio limited liability company, using the Section 232 pursuant to Section 223(f) - [Choosing Cambridge (Repeatedly!)](https://www.cambridgecap.com/blog/choosing-cambridge-repeatedly/) - Repeat clients make up a significant percentage of Cambridge Realty Capital’s business. Cambridge Vice President Anthony T. Marino believes one of the major reasons for this is Cambridge’s ability to forge and maintain relationships and develop open communication with its clients. Marino explains how Cambridge staff strives for ongoing, lasting relationships in a video entitled “Choosing - [Cambridge’s Capital Solutions Advisor Group Focuses on Building Client Relationships](https://www.cambridgecap.com/blog/cambridges-capital-solutions-advisor-group-focuses-building-client-relationships/) - Earlier this decade, FHA-approved HUD 232 loan processing slowed to a crawl due to the infamous queue. Many senior housing and healthcare operators still believe this to be the case. Many seeking financing do not realize that HUD has made vast improvements and that the loan approval process is now much faster. Brian Riordan, Manager - [Cambridge Executive Predicts Positive Outlook for Senior Housing/Health Care Industry](https://www.cambridgecap.com/blog/cambridge-executive-predicts-positive-outlook-senior-housinghealth-care-industry/) - Hymie Barber, Cambridge Realty Capital’s National Originations Manager, believes that the future of the senior housing and healthcare industry looks bright. Mr. Barber believes that there are many variables affecting the market these days, but the long term future is looking positive. “There are many things impacting the capital market these days. Also, operators are - [Understanding China’s Currency Devaluation](https://www.cambridgecap.com/blog/understanding-chinas-currency-devaluation/) - Adding to the already crazy financial year thus far, China recently devalued its currency by around 4.4%. This devaluation has been the most dramatic since the country set up its modern exchange system back in 1994. Stock markets around the globe reacted to this recent devaluation, but none of them reeled as much as some - [New Look Newsletter Introduced by Cambridge](https://www.cambridgecap.com/blog/new-look-newsletter-introduced-cambridge/) - Cambridge Realty Capital Companies says Cambridge Capital Wisdom, a new email newsletter that the company is introducing with this edition, has been designed with client information needs upper-most in mind. “Newsletter content will be timely, informative and easy to digest. And it will be easy to access as well,” says Chairman Jeffrey A. Davis. Cambridge - [Data from the Eldercare Locator Report Demonstrates Trends in the Senior Housing and Healthcare Industry](https://www.cambridgecap.com/blog/data-eldercare-locator-report-demonstrates-trends-senior-housing-healthcare-industry/) - America’s population is getting older, and because of this population shift, housing and healthcare is a growing concern. The Eldercare locator, a federally-funded help line for the senior population, was set up to take calls to assist seniors in determining their best senior living options. The Eldercare locator reported that in 2014, seniors across the - [Cambridge in the News: Latest HUD Lean Transactions](https://www.cambridgecap.com/blog/cambridge-news-latest-hud-lean-transactions/) - Cambridge Realty Capital is consistently ranked among the country’s top five FHA-insured HUD lenders. Cambridge has been active in HUD Lean lending this quarter, reinforcing our reputation as a leader in HUD Lean financing. One of the company’s latest transactions involved arranging a $12,270,900 HUD Lean loan for the refinancing of Knolls West Post-Acute in - [Cambridge Helps Couple Realize Dream Through HUD Lean Loan](https://www.cambridgecap.com/blog/cambridge-helps-couple-realize-dream-hud-lean-loan/) - Cambridge Realty Capital helped a couple achieve their dream. Hank and Suzanne Kurtz, owners of the Olivenhain Guest Home in Encinitas, California, aspired to build a community that “provides love, laughter, song, and dance for its memory-impaired residents – no matter how handicapped they become.” The community was purchased with improvements and expansions in 2010. - [Senior Housing and Big Data](https://www.cambridgecap.com/blog/senior-housing-big-data/) - In recent years more and more industries are benefiting from the use of big data. Big data is simply the process of examining large amounts of various types of data including markets, statistics, etc. Big Data Analytics is using that data to discover patterns, correlations, trends, preferences, and other business information that can be beneficial - [The Rise of Fintech](https://www.cambridgecap.com/blog/the-rise-of-fintech/) - Financial regulations are in place to make the markets safe and secure. Since the economic downturn, policy-makers have tried to ensure that what happened in 2008 will not happen again. The financial downturn also brought another force into the spotlight – the tech revolution. Venture capitalists and start-ups have for the past years disrupted industry - [Cambridge in the News: Latest HUD Lean Transactions](https://www.cambridgecap.com/blog/cambridge-news-latest-hud-lean-transactions-2/) - Cambridge Realty Capital has been extremely active in HUD Lean lending this July, reinforcing our reputation as a leader in HUD Lean financing. Cambridge is consistently ranked among the country’s top five FHA-insured HUD lenders. One of our latest transactions included arranging a $10,905,000 HUD Lean loan to refinance Manor Court in Peoria, Illinois. Manor - [How Services Pricing Can Affect a Senior Living Community’s Bottom Line](https://www.cambridgecap.com/blog/services-pricing-can-affect-senior-living-communitys-bottom-line/) - Many senior living providers utilize amenities and services to help distinguish their communities from the competition, particularly in the current market. Those same amenities can also silently wreak havoc on revenue and quietly drain cash flow if they are not priced correctly. In the currently market, senior living providers strive to provide the best care - [Overbuilding in the Senior Housing Industry?](https://www.cambridgecap.com/blog/overbuilding-senior-housing-industry/) - Research suggests that industry researchers’ fears about overbuilding in the senior housing sector could be coming true. Supply is beginning to usurp demand, as new senior housing inventory is currently at its highest level since 2009. Many new developments are in the works, so this situation is not likely to reverse anytime in the near - [HUD Lean Loan is Perfect Solution For Iowa Commercial Mortgage Broker](https://www.cambridgecap.com/blog/hud-lean-loan-perfect-solution-iowa-commercial-mortgage-broker/) - Commercial real estate mortgage broker Denny Howell is founder and CEO of Howell Investment Finance in Ames, Iowa and believes he’s found the perfect long-term solution for senior housing/healthcare borrowers looking to refinance a skilled nursing home, memory care or assisted living property. “In the current cycle, popular HUD Lean financing has enabled record numbers of - [New Investors and Developers Shake Up Senior Housing Market](https://www.cambridgecap.com/blog/new-investors-developers-shake-senior-housing-market/) - The Senior Housing and Healthcare industry is becoming more and more attractive to investors and developers, as the demand increases with the aging population. Senior housing and healthcare is drawing investment interest from management and development companies with little to no experience in the industry, particularly from the multifamily and hospitality sectors. Senior living industry - [Guiding Error-Free Loans through HUD’s Application Process](https://www.cambridgecap.com/blog/guiding-error-free-loans-huds-application-process/) - What happens when you combine a commitment to excellence with more than 20 years of experience underwriting FHA-insured HUD senior housing healthcare mortgage loans? “Something’s terribly wrong if you’re not getting a whole lot better at guiding error-free loans through the HUD application process,” says Cambridge Realty Capital Companies Managing Director Sampada D’silva. Chicago-based Cambridge - [Will Greece’s Financial Tragedy Affect Fed’s Efforts to Raise Short-Term Interest Rates?](https://www.cambridgecap.com/blog/will-greeces-financial-tragedy-affect-feds-efforts-raise-short-term-interest-rates/) - Tempest in a teapot? The financial calamity that is Greece is the latest reason why borrowers in America are being told that the Federal Reserve Board may not make good on threats to raise short-term interest rates in September – or any time this year. “As ever, senior housing/healthcare borrowers have a stake in how - [Cambridge Chairman To Participate As Panelist During Interface Seniors Conference In Atlanta](https://www.cambridgecap.com/blog/cambridge-chairman-participate-panelist-interface-seniors-conference-atlanta/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis will participate in a Capital Markets Update panel discussion at the 2nd Annual InterFace Seniors Housing Southeast Conference Aug. 26-27 at the Westin Buckhead Hotel in Atlanta. Cambridge is a conference sponsor and will have an exhibit at the event. Panelists in the Capital Markets Update discussion - [Black(ish) Monday and What it Means](https://www.cambridgecap.com/blog/blackish-monday-means/) - On Monday, August 24, 2015, the markets opened to quite a shock. The Dow dropped substantially and many investors freaked out. There is wide speculation as to the cause of this dramatic drop, and the market was so concerned about this development that it enacted Rule 48, which allows market makers to not be required - [Video Teaser: HUD Loans vs. Conventional Loans](https://www.cambridgecap.com/blog/video-teaser-hud-loans-vs-conventional-loans/) - Cambridge Realty Capital has developed a reputation throughout the years as a HUD lender. With the popularity of HUD funding increasing, thanks in part to the streamlined HUD Lean program, Cambridge is poised to provide even more HUD funding in the years to come. However, HUD funding is not Cambridge’s only financial product. Cambridge Realty - [Close Owner/Management Accord Apparent In Successful Turn-Around Of Four Assisted Living Properties In El Paso](https://www.cambridgecap.com/blog/close-ownermanagement-accord-apparent-successful-turn-around-four-assisted-living-properties-el-paso/) - From the start, 12 Oaks Senior Living Senior Vice President Bruce Bucher realized it was going to be different this time around. The Dallas-based company is an experienced senior housing management company that owns or manages 11 assisted living properties in Dallas and other Texas cities. But entry into the El Paso market loomed as - [Cambridge Executives to Participate as Panelists at First IMN Real Estate Private Equity Conference on Senior Housing](https://www.cambridgecap.com/blog/cambridge-executives-participate-panelists-first-imn-real-estate-private-equity-conference-senior-housing/) - Cambridge Realty Capital Companies is among the bronze sponsors for the inaugural International Management Network (IMN) Real Estate Private Equity Conference on Senior Housing scheduled Sept. 17-18 at the Fairmont Hotel and Bungalows in Santa Monica, Calif. Two senior executives from the firm, Chairman Jeffrey Davis and Managing Director Hymie Barber of Catalyst/Cambridge Healthcare Finance - [High Frequency Trading](https://www.cambridgecap.com/blog/high-frequency-trading/) - When you think of the stock market you may think of the line of numbers at the bottom of the TV screen, the traders on the floor of the NY stock exchange, or of Wall Street itself. What you probably do not think of is large computers and servers. However, recently that is what the - [Turbulence in the Marketplace](https://www.cambridgecap.com/blog/turbulence-in-the-marketplace/) - August has been an atypical month in the investing world. This has reflected in the markets, especially in the last few weeks of August and spilling over into the first weeks of September. Although the market recovered and in fact rallied there has still be volatility in the markets. There are many aspects that may - [Chinese Shares Sliding Even More](https://www.cambridgecap.com/blog/chinese-shares-sliding-even/) - The Chinese market slowdown has reverberated across Asia, affecting Japan, South Korea, Australia, and Indonesia. This slowdown has been compounded by a slow manufacturing output that was reported this past week. Asian markets have continued to slide. Australian stocks have hit a two year low. Australia counts China as its number one export market. Hearing - [Who has Permanent Voting Rights on the Fed?](https://www.cambridgecap.com/blog/permanent-voting-rights-fed/) - The Federal Reserve has 17 members with five permanent voting members and two potential new members that affect the policy of the Fed and what the fed ultimately decides to do. This past month those members discussed and decided to keep the interest rate at near zero. Below is an analysis of those permanent members - [Accessible Decision Makers a Rare Commodity, Real Estate Broker Says](https://www.cambridgecap.com/blog/accessible-decision-makers-rare-commodity-real-estate-broker-says/) - Every commercial real estate broker has experienced the thrill of having a deal hang by a thread while indecisive decision makers weigh in on the transaction’s merits. “It’s an understandable part of doing business. In the brokerage industry, more often than not, the client you’re working with is unable to say yes to anything but - [Increasing Demand Means Looser Regulations in China’s Senior Housing Market](https://www.cambridgecap.com/blog/increasing-demand-means-looser-regulations-chinas-senior-housing-market/) - The struggle to best provide necessary housing and care options for a changing demographic is not an issue isolated to the United States. For example, the demand for senior housing developments in China is growing at a rapid clip as China’s senior population is increasing. As discussed in a recent Senior Housing News article, theelderly - [Senior Housing Recreation Spaces for Sound Body and Mind](https://www.cambridgecap.com/blog/senior-housing-recreation-spaces-sound-body-mind-2/) - Medical studies have revealed that there are increased efforts to promote an active lifestyle in senior communities across America. This may include considerations such as developing more space for recreation beyond the predictable gym within a senior housing development. Maybe a rock-climbing wall may prove unnecessary, but a yoga studio for meditation programs or gentle classes - [Video Teaser: The Current HUD Financing Environment](https://www.cambridgecap.com/blog/video-teaser-current-hud-financing-environment/) - It’s a Done Deal Series Since the introduction of the HUD Lean program, HUD financing has become an even more desirable funding option for senior facility operators. The streamlined HUD Lean program means faster and more efficient processing of borrowers’ applications, a fact that indicates that HUD financing is likely to become more appealing to - [Video Teaser: Our 30th Year and the Future in Senior Housing](https://www.cambridgecap.com/blog/video-teaser-30th-year-future-senior-housing/) - Cambridge Realty Capital celebrated 30 years in business in 2013, and founder Jeffrey A. Davis used the occasion to reflect on Cambridge’s success. “Our 30th Year and the Future in Senior Housing” features an insightful conversation with Davis discussing what he believes has helped set Cambridge Realty Capital apart from other capital providers for more - [More Changes Ahead for Senior Housing/Healthcare Industry](https://www.cambridgecap.com/blog/changes-ahead-senior-housinghealthcare-industry/) - What does the New Year have in store for senior housing/healthcare operators? “Expect more change. And expect the outlook to continue to improve for those seniors who will populate the many new and refurbished properties that open for business in 2016,” says Cambridge Realty Capital Companies Chairman Jeffrey A. Davis. “A few decades have made - [Why Registration with Eldercare.gov Matters](https://www.cambridgecap.com/blog/registration-eldercare-gov-matters/) - Eldercare Locator has been in service for 20 years and is a critical marketing tool for senior housing developments once in the operating phase. The Eldercare Locator, a public service of the Administration on Aging, U.S. Department of Health and Human Services, is a nationwide service that connects older Americans and their caregivers with information - [The Assisted Living Conversion Program (ALCP) and its Impact on Senior Housing](https://www.cambridgecap.com/blog/assisted-living-conversion-program-alcp-impact-senior-housing/) - In the search for viable financing options to meet the ever-increasing demand of senior housing projects, a somewhat unknown program is beginning to get attention, allowing many senior housing project developers, especially in the non-profit space, to exponentially increase their impact on senior housing. The Assisted Living Conversion Program (ALCP) “provides grants to nonprofit owners - [Low Federal Interest Rates and the Uncertainty Associated with the EB-5 Investment and Visa Program](https://www.cambridgecap.com/blog/low-federal-interest-rates-uncertainty-associated-eb-5-investment-visa-program/) - When it comes to the uncertainty related to the long-term investment and capital prospect of senior housing facility development, there are typically two issues involved. The first is the significant unknowns related to the extent that the U.S. Federal Reserve Bank will continue to hold down interest rates. The second issue is the now uncertain - [Value Added Factors in Senior Housing Development](https://www.cambridgecap.com/blog/value-added-factors-senior-housing-development/) - When it comes to maximizing investment returns and value in regards to senior housing development and construction, the focus remains on trying to extract value and capitalize on such investment vehicles. As one article has recently highlighted, there are a number of specific value added factors to consider when looking to senior housing development and - [Demand for Senior Housing Management Professionals Highlights Boom](https://www.cambridgecap.com/blog/demand-senior-housing-management-professionals-highlights-boom/) - There are a number of substantive signs that the demand for senior housing and living facilities continues to rise and will continue to increase over the course of the next year. Probably one of the most significant indicators of such growth is the ongoing and increased demand for senior property housing management positions in this - [Senior Housing Market Attempting to Capitalize on Environmental Sustainability](https://www.cambridgecap.com/blog/senior-housing-market-attempting-capitalize-environmental-sustainability/) - Recent polling data suggests what many professionals in the senior housing industry have suspected for quite some time – that the current class of senior citizens and individuals seeking senior living housing have a huge preference for housing that incorporates environmental sustainability or is eco-friendly. The increased demand for senior based housing is not only - [Simple Checklists are Creating Cost-Effective Senior Housing](https://www.cambridgecap.com/blog/simple-checklists-creating-cost-effective-senior-housing/) - As the increased demand for senior housing continues, investors, developers, and senior housing management professionals are looking at ways to become more cost-effective, while maintaining a consistent level and quality of senior living standards. One way in which senior housing developers and management companies are seeking to become cost effective is through their use of - [U.S. Housing and Urban Development (HUD) and Residential Care Facilities](https://www.cambridgecap.com/blog/u-s-housing-urban-development-hud-residential-care-facilities/) - For the vast majority of Senior Citizens, the role of HUD as it relates to the financing of senior residential care facilities remains unknown, but is significant, especially in regards to the financing, loaning, and other construction-based initiatives related to senior assisted living facilities. Within HUD, the Office of Residential Care Facilities “administers the Section - [The New American Dream: Chinese Investors Looking to Buy Senior Living Facilities](https://www.cambridgecap.com/blog/new-american-dream-chinese-investors-looking-buy-senior-living-facilities/) - A recent article highlights how young and wealthy Chinese people are now seeking to purchase senior living facilities and are viewing them as long-term viable investment opportunities. There “is an increasing number of prospective residents planning for the future and investors looking to secure a piece of the pie in the world’s largest economy.” There - [IMF Warns Against High Yield Bonds](https://www.cambridgecap.com/blog/imf-warns-high-yield-bonds/) - Recently the emerging markets (China, Brazil, Turkey, etc.) have seen an economic downturn. This downturn is caused by a variety of circumstances including the European market downturn, devaluation of currencies, and an overall slowdown in manufacturing. However, this downturn has not yet changed the investment strategies of a variety of mutual funds. This is worrisome - [Small-Scale Communities with High Return on Investment](https://www.cambridgecap.com/blog/small-scale-communities-high-return-investment/) - With providers of senior housing looking for ways to maximize their investments, a new trend that is emerging in many parts of the U.S. is investors, developers, builders, and housing management companies seeking to create small-scale home like communities that maintain a high return on investment (ROI). The purpose for doing so is largely the - [Demand for Investment and Capital to Rebrand Senior Housing](https://www.cambridgecap.com/blog/demand-investment-capital-rebrand-senior-housing/) - A recent article highlights the resurgence of demand regarding efforts by builders, investors, venture capitalists, and entrepreneurs to rebrand senior housing, which includes efforts to renovate, redesign, and otherwise create fashionable yet practical and affordable living spaces for seniors. According to the article, substantive evidence of this can be found with many of the major - [Short-Term Interest Rates Should be Rising Soon, Cambridge Chairman Observes](https://www.cambridgecap.com/blog/short-term-interest-rates-rising-soon-cambridge-chairman-observes/) - If the Federal Reserve Board was using developments in the senior housing/healthcare industry as its inflation barometer, all of the speculation that continues to swirl around when the Fed will start raising interest rates would not be part of the conversation. Cambridge Realty Capital Companies Chairman Jeffrey Davis says the Fed has a dual mandate - [Cambridge Arranges $6.8 Million Loan To Refinance McKinley Health Care Center](https://www.cambridgecap.com/blog/cambridge-arranges-6-8-million-loan-refinance-mckinley-health-care-center/) - Cambridge Realty Capital Companies reports providing a $6,871,330 HUD-Insured loan to refinance McKinley Health Care Center, a skilled care nursing facility located in Canton, Ohio. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 17-1/2 year term loan was issued to the owner, an Ohio limited liability company. Underwriting the transaction was Cambridge Realty Capital - [Favorable Demographics Ease Worries For Senior Housing/Healthcare Owners](https://www.cambridgecap.com/blog/favorable-demographics-ease-worries-senior-housinghealthcare-owners/) - In the senior housing/healthcare business, there’s always something to fret about. The Federal Reserve may call a halt to easy money before you can qualify for a long-term fixed rate loan. Or growth in the Chinese economy may slow to a crawl and cause the rest of the industrialized world to slide into an economic - [The Continued Rise of Senior Housing](https://www.cambridgecap.com/blog/continued-rise-senior-housing/) - Recently Cambridge Realty Capital has been providing several HUD backed loans to refinance a variety of senior housing centers. One of the many examples of this is an almost 16 million dollar HUD insured loan to refinance a nursing facility in Ottawa, Illinois called Ottawa Pavilion. Underwriting FHA-insured HUD loans is a specialty of Cambridge - [Cambridge Assists Chinese Delegation with Senior Housing Questions](https://www.cambridgecap.com/blog/cambridge-assists-chinese-delegation-senior-housing-questions/) - A variety of differences exist between the way senior housing and healthcare is financed in China and the United States. In an effort to learn from each other, a 22-member delegation from the General Office of the State Council of the People’s Republic of China recently visited Chicago to learn about senior housing finance in - [Cambridge Arranges $15.8 Million Loan To Refinance Ottawa Pavilion](https://www.cambridgecap.com/blog/cambridge-arranges-15-8-million-loan-refinance-ottawa-pavilion/) - Cambridge Realty Capital Companies reports providing a $15,867,000 HUD-Insured loan to refinance Ottawa Pavilion, a skilled care nursing facility located in Ottawa, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 37-1/2 year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty Capital Ltd. of - [Video Teaser: Finding the Right Financing Fit](https://www.cambridgecap.com/blog/video-teaser-finding-right-financing-fit/) - How does a senior facility operator decide whether a conventional bank loan or a HUD loan is best? Both have distinctive benefits which may make one a better fit than the other for a particular operator. Timing also plays a role. Market trends and interest rates may make one type more appealing than the other - [Xi’s Trip to the United States](https://www.cambridgecap.com/blog/xis-trip-united-states/) - After an especially rocky month for the Chinese Government and its market, the Chinese President Mr. Xi has arrived in the United States to speak with investors, tech savvy entrepreneurs, and politicians. His visit includes trips to Seattle and then on to Washington. During the trip Mr. Xi addressed several concerns specifically about the Chinese - [Cambridge Will Be Well Represented at 25th Annual NIC Conference](https://www.cambridgecap.com/blog/cambridge-will-well-represented-25th-annual-nic-conference/) - Cambridge Realty Capital will be well represented as a Tier 4 sponsor at the 25th NIC National Conference, Sept. 30 through Oct. 2, at the Gaylord National Hotel in National Harbor, MD. Cambridge Chairman Jeffrey A. Davis said the venue for the annual event is minutes away from the nation’s capital. Attending for Cambridge will - [The Fed and the Interest Rate Hike](https://www.cambridgecap.com/blog/fed-interest-rate-hike/) - For all of August and most of September many people have wondered whether the Fed will raise the interest rate or keep it at a historic low. Many factors were thrown around on both sides for why they should raise it or keep it as is. For one, America’s economy is showing signs of strength, - [Chinese Visitors Mull Real Estate Conundrum During U.S. Visit With Cambridge](https://www.cambridgecap.com/blog/chinese-visitors-mull-real-estate-conundrum-u-s-visit-cambridge/) - From a financial underwriting perspective, the age-old question for senior housing is: Is it a business or is it real estate? A 22-member delegation of officials from the General Office of the State Council of the People’s Republic of China tussled with this conundrum during a recent visit to America to meet with senior housing/healthcare - [Investors Looking to Invest in the Boomer’s Demand for Assisted Living Facilities](https://www.cambridgecap.com/blog/investors-looking-invest-boomers-demand-assisted-living-facilities/) - A recent article highlights how scores of younger real estate investors are looking to take advantage of the increasing and aging Boomer generation’s demand for senior and living assisted facilities. In terms of real estate investing, such perspective is in contrast to other generations that have viewed real estate investing as buying and flipping foreclosed - [Large Investment Groups Continue to Acquire Senior Housing Facilities](https://www.cambridgecap.com/blog/large-investment-groups-continue-acquire-senior-housing-facilities/) - A recent article highlights how the market for the acquisition of senior housing living facilities by large international investment groups remains active in 2015. For instance, it is being reported that Chartwell Retirement Residences, Canada’s largest owner and operator of seniors housing facilities, has entered into a definitive agreement to acquire five premier retirement residences - [Real Estate Developers and Investors Focus on Age-Restricted Senior Living Facilities](https://www.cambridgecap.com/blog/real-estate-developers-investors-focus-age-restricted-senior-living-facilities/) - A subset of the overall Senior Housing market, Age-Restricted Senior Living Facilities are housing communities meant for adults aged 55 and older. According to one recent article, such age-restricted senior living facilities are becoming extremely attractive for both real estate developers and investors, as “age-restricted communities, also known as 55+ communities, offer big opportunities at - [Senior Living Facility Construction at an All-Time High](https://www.cambridgecap.com/blog/senior-living-facility-construction-time-high/) - A recent report by the National Investment Center for Seniors Housing and Care (NIC) shows that new senior housing development reached a peak in the third quarter of 2015, hitting the highest level of activity the industry has seen since 2008. This represents a remarkable quarter in terms of economic activity and highlights the continued - [Silicon Valley Looking to Senior Living Facilities as Long Term Investment](https://www.cambridgecap.com/blog/silicon-valley-looking-senior-living-facilities-long-term-investment/) - Technology is usually synonymous with Silicon Valley. According to a recent article, senior living communities are now just as prevalent in the area. Silicon Valley investors, developers, and start-ups are looking to capitalize on the new trend. According to recent financial analysis, investors believe that senior living housing facilities, services, and technology-based innovation represent a - [HUD Borrowers Find it an Optimal Time Given Low Interest Rates](https://www.cambridgecap.com/blog/hud-borrowers-find-optimal-time-given-low-interest-rates/) - As the Federal Reserve continues to delay the prospect of an interest rate hike this year, many investors, in particular borrowers that have obtained financing through the U.S Department of Housing and Urban Development (HUD), are finding the timing of such loans optimal in terms of the market. In fact, the investment numbers to date - [Iowa Ownership Group Learns Features, Advantages and Benefits of HUD Financing](https://www.cambridgecap.com/blog/iowa-ownership-group-learns-features-advantages-benefits-hud-financing/) - There are a number of compelling reasons why senior housing/healthcare borrowers look to popular FHA-approved HUD funding to address their long-term financing needs. In Cedar Rapids, Iowa, Board President John Baumhoefener of The Views Holdings, LLC, describes the main features, advantages and benefits he believes made HUD the obvious choice when it was time for - [Meet Cambridge in Phoenix at the 2016 ASHA Annual Meeting](https://www.cambridgecap.com/blog/meet-cambridge-phoenix-2016-asha-annual-meeting/) - Cambridge will be attending the American Seniors Housing Association’s (ASHA) 2016 winter meeting in Phoenix, AZ this week from Wednesday, January 27 – Friday, January 29. Jeff Davis and Hymie Barber will be at the meeting. This is a great opportunity to visit and update us on what’s happening with you and your firm, and bring you up to - [Underwriting Standards for Popular HUD Loans Not Likely to Change](https://www.cambridgecap.com/blog/underwriting-standards-popular-hud-loans-not-likely-change/) - What are the chances that HUD 232 loans for senior housing/healthcare borrowers will evolve into a commoditized funding product anytime soon? “Not very good,” says funding expert Jeffrey A. Davis. “HUD has made remarkable progress in streamlining the process and making HUD loans more accessible to borrowers. But the program doesn’t lend itself to a - [Trust And Mutual Respect Between Property Manager And Owner Smooths Turnaround At Four El Paso Healthcare Properties](https://www.cambridgecap.com/blog/trust-mutual-respect-property-manager-owner-smooths-turnaround-four-el-paso-healthcare-properties/) - When the 12 Oaks Senior Living management company of Dallas took over the management of four senior properties in El Paso, TX, occupancy rates were slipping badly and telltale signs of neglect were becoming more apparent. Keith Ashburn, 12 Oaks’ former Chief Operating Officer and now President in Dallas, credits a number of factors for - [Fed's Decision on Interest Rates Leaves Healthcare Borrowers With Options](https://www.cambridgecap.com/blog/feds-decision-interest-rates-leaves-healthcare-borrowers-options/) - Now that short-term interest rates appear to be poised to move higher in carefully orchestrated increments, Cambridge Realty Capital Companies Chairman Jeffrey A. Davis has this advice for senior housing/healthcare borrowers: “Don’t fight the Fed.” At the December meeting of the Fed’s Open Market Committee, members unanimously voted to advance the Fed Funds Rate .25 - [Lots of Capital Available for Senior Housing/Healthcare in 2016](https://www.cambridgecap.com/blog/lots-capital-available-senior-housinghealthcare-2016/) - If the lenders who are lining up to romance senior housing/healthcare borrowers have anything to say about it, 2016 should be a very good year for securing needed capital. “There’s an abundance of capital available in what continues to be a very competitive marketplace,” says Cambridge Realty Capital Companies Chairman Jeffrey A. Davis. Cambridge is one - [Fed Chairman Addresses Lawmakers on Policy Goals](https://www.cambridgecap.com/blog/fed-chairman-addresses-lawmakers-policy-goals/) - The U.S. economy may have a couple of targets pinned on its back but at least the nation’s Central Bank isn’t giving up on the U.S. recovery just yet. Tightening financial conditions and uncertainty over China are bothersome, and stock investors clearly have the jitters. But at her recent semi-annual appearance before U.S. lawmakers, Fed Chair - [Number of Disabled Seniors is On The Rise, Census Study Reveals](https://www.cambridgecap.com/blog/number-disabled-seniors-rise-census-study-reveals/) - A recent United States Census report says that at least 40 percent of Americans 65 or older have at least one disability, but only 9 percent of individuals in this category reside in assisted living or group housing. “Point is, by 2030, about 20 percent of the U.S. population is projected to be aged 65 - [Video Teaser: Our Talk With Hymie Barber](https://www.cambridgecap.com/blog/video-teaser-talk-hymie-barber/) - National Organizations Manager and Managing Director of Catalyst/Cambridge Healthcare Finance Hymie Barber’s first interaction with Cambridge Realty Capital Chairman and President Jeffrey A. Davis almost ended before it began. Barber fondly recounts the deal that may not have happened if not for persistence on both his and Davis’ part in a candid video interview. Cambridge - [Video Teaser: Partnering for the Future of Senior Housing Finance](https://www.cambridgecap.com/blog/video-teaser-partnering-future-senior-housing-finance/) - Behind any successful company are key leaders and the significant interactions that take place between them. Strong relationships form the basis of Cambridge Realty Capital and are one of the biggest contributing factors to its success throughout the years in financing senior housing projects in 25 states. Cambridge Realty Capital has created an informative and - [Election Year Uncertainties Facing Senior Housing/Healthcare Owners](https://www.cambridgecap.com/blog/election-year-uncertainties-facing-senior-housinghealthcare-owners/) - It’s another Presidential election year and, for senior housing/healthcare owner operators, this much is certain: dealing with uncertainty isn’t getting any easier. “The major political parties are as far apart as ever on what the government’s role should be in footing healthcare costs for America’s aging population. And the issue isn’t going away anytime soon,” - [Video Teaser: The Evolution of Senior Housing](https://www.cambridgecap.com/blog/video-teaser-evolution-senior-housing/) - While many people think of Cambridge Realty Capital as a “HUD lender,” Cambridge founder Jeffrey A. Davis sees his company’s role differently. Rather than being a HUD lender, Davis considers his job to be that of a “HUD interpreter.” While HUD has played a significant role in how Cambridge does business, it is by no - [Cambridge Chairman to Attend AHCA/NCAL Event](https://www.cambridgecap.com/blog/cambridge-chairman-attend-ahcancal-event/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis will be among those attending the 2016 AHCA/NCAL Independent Owner Leadership Conference scheduled for March 16-18 at the Manchester Grand Hyatt Hotel in San Diego, Calif., the company announced. The event is jointly sponsored by the American Health Care Association (AHCA) and the National Center for Assisted Living - [Cambridge Arranges $8 Million HUD Loan To Refinance Bria Of Geneva](https://www.cambridgecap.com/blog/cambridge-arranges-8-million-hud-loan-refinance-bria-geneva/) - Cambridge Realty Capital Companies reports arranging an $8,310,000 HUD Lean loan to refinance Bria of Geneva, a 101-bed skilled care nursing home located in Geneva, Illinois. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 32-year loan was arranged for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) - [Cambridge Arranges $24.6 Million Loan To Refinance Rainbow Beach Nursing Center](https://www.cambridgecap.com/blog/cambridge-arranges-24-6-million-loan-refinance-rainbow-beach-nursing-center/) - Cambridge Realty Capital Companies reports providing a $24,631,000 HUD-Insured loan to refinance Rainbow Beach Nursing Center, an intermediate care nursing facility located in Chicago, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 29-1/2 year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty Capital - [Senior Cambridge Executive Says Company Has Developed Funding Solutions To Help Lessees Repurchase REIT Properties](https://www.cambridgecap.com/blog/cambridge-has-developed-funding-solutions-help-lessees-repurchase-reit-properties/) - There’s no denying Real Estate Investment Trusts (REITs) have made significant inroads into the senior housing/healthcare industry during the current century. Cambridge Realty Capital Companies Senior Vice President Brent Holman-Gomez points out that, since 2007, the largest senior care REITS in the country have either doubled or tripled in size. And returns on these investments - [Are You Better Off Owning Or Leasing Senior Care Real Estate?](https://www.cambridgecap.com/blog/better-off-owning-leasing-senior-care-real-estate/) - Senior care business owners have been known to struggle with the owning vs. leasing question, but the answer to the “are you better off” question is always the same. “It all depends,” says Cambridge Realty Capital Companies Chairman Jeffrey A. Davis. Cambridge is one of the nation’s leading senior housing/health care lenders and acquires senior - [Not All Senior Housing/Healthcare Opportunities Are Created Equal](https://www.cambridgecap.com/blog/not-senior-housinghealthcare-opportunities-created-equal/) - Here’s a cautionary note for those institutional investors who, in record numbers, find themselves falling in love with senior housing/healthcare industry demographics. “The obvious truth is that not all senior housing/healthcare opportunities are created equal. Investments can be adversely or unevenly affected by challenging or unexpected developments,” says Cambridge Realty Capital Companies Chairman Jeffrey A. - [AARP Report on Aging Stresses Need for Social Contacts](https://www.cambridgecap.com/blog/aarp-report-aging-stresses-need-social-contacts/) - Here’s a compelling argument for those attempting to sell reluctant parents on the vicissitudes of senior living communities: the social contacts your loved ones make may help them stay mentally sharp as they continue to age. Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says a report co-sponsored by AARP and the Global Council on - [Video Teaser: Interest Rate Choices](https://www.cambridgecap.com/blog/video-teaser-interest-rate-choices/) - Senior living facility operators are faced with a number of significant decisions when it comes to choosing a financing option. Perhaps the most significant is the question of interest rate choices: should an owner/operator choice a fixed rate or a variable rate on a facility loan? Jeffrey A. Davis, founder and Chairman/CEO of Cambridge - [Aging Populations are a Global Challenge](https://www.cambridgecap.com/blog/aging-populations-global-challenge/) - America is not the only place where population aging and population decline are on the minds of government planners. Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says a United Nations advisory body on issues related to population and development reports that between 2015 and 2050, the population aged 65 or older in Europe will - [Video Teaser: HUD FAQs and You](https://www.cambridgecap.com/blog/video-teaser-hud-faqs-and-you/) - HUD loans offer some significant and noteworthy benefits compared to traditional mortgages. Nevertheless, some of the intricacies and idiosyncrasies of the HUD loan and the process a senior facility operator must go through to qualify for one can be confusing. Add to it the bulk of information available on the Web about HUD loans, much - [Cambridge Helps Chinese Delegation Learn More About Senior Housing In America](https://www.cambridgecap.com/blog/cambridge-helps-chinese-delegation-learn-senior-housing-america/) - When it comes to financing senior housing/healthcare properties, there are worlds of difference between the ways it’s done in China and the U.S. In an effort to close the information gap, a 22 member delegation of officials from the General Office of the State Council of the Peoples Republic of China recently traveled more than - [Sometimes The Right Advice At The Right Time Can Change Everything In Your Life, Transcendent Healthcare Founder Says](https://www.cambridgecap.com/blog/sometimes-right-advice-right-time-can-change-everything-life-transcendent-healthcare-founder-says/) - When Transcendent Healthcare Founder and President Tom O’Niones met Cambridge Realty Capital Chairman Jeffrey Davis at a trade show for the first time he came away from the meeting with this sagacious advice: “When approaching potential financial investors, know what you want and know what you want to ask,” the Cambridge chairman advised. What Mr. - [Cambridge Not Your Typical HUD Lender, Sandy River Company's Managing Partner Michael Tyler Believes](https://www.cambridgecap.com/blog/cambridge-not-typical-hud-lender-sandy-river-companys-managing-partner-michael-tyler-believes/) - HUD's Office of Residential Care Facilities has done an excellent job when it comes to streamlining the way the agency delivers popular FHA-insured HUD Section 232 loans, but senior housing/healthcare borrowers shouldn't get the idea that the HUD approval process has become a stroll in the park. Michael Tyler is Managing Partner for Sandy River - [Funding Expert Urges Borrowers To Consider Lender’s Perspective](https://www.cambridgecap.com/blog/funding-expert-urges-borrowers-consider-lenders-perspective/) - Astute senior housing/healthcare borrowers seeking to maximize their funding options may find the best route has them walking a few miles in their lender’s moccasins. “To get the best results, borrowers should be aware of, and act upon, the things that are important to the individual who is processing their loan. From a business perspective, - [Cambridge Boasts Perfect HUD Loan Application Success Rate](https://www.cambridgecap.com/blog/cambridge-boasts-perfect-hud-loan-application-success-rate/) - It doesn’t get any better than this. Cambridge Realty Capital Companies Senior Vice President Brent Holman-Gomez says the company has a perfect 100 percent acceptance rate for the HUD Section 232 loan applications it has submitted to the federal agency in the current century. “HUD has been known to be picky. Over the years, we’ve - [Seeing Senior Housing Healthcare Loan From Lender’s Perspective Can Prove Helpful](https://www.cambridgecap.com/blog/seeing-senior-housing-healthcare-loan-lenders-perspective-can-prove-helpful/) - When applying for a senior housing/healthcare mortgage loan, no one is expected to be a mind-reader. But the process progresses more smoothly when borrowers anticipate - and make an effort to understand - what their lender’s needs will be. “Preparedness is an important concept,” says Cambridge Chairman Jeffrey A. Davis. “In every case, the borrower - [How Fed’s Decisions in 2017 on Interest Rates Will Impact Senior Housing/Healthcare Borrowers](https://www.cambridgecap.com/blog/feds-decisions-2017-interest-rates-will-impact-senior-housinghealthcare-borrowers/) - What impact will the Fed’s decisions to raise its benchmark short-term interest rate a quarter percentage point have on senior housing/healthcare borrowers? Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says “borrowers will give more thought to the prospect of adding more debt. But at the end of the day, rates still are very close - [Cambridge Arranges $5.1 Million Loan To Refinance Villa St. Francis, located in Olathe, Kansas](https://www.cambridgecap.com/blog/cambridge-arranges-5-1-million-loan-refinance-villa-st-francis-located-olathe-kansas/) - Cambridge Realty Capital Companies reports providing a $5,156,000 HUD-Insured loan to refinance Villa St. Francis, a skilled nursing facility located in Olathe, Kansas. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 22-year term loan was issued to the owner, a Kansas limited liability company. Underwriting the transaction was Cambridge Realty Capital Ltd. of Illinois, - [When Acquiring Properties, Work With Someone You Trust, Investor Advises](https://www.cambridgecap.com/blog/acquiring-properties-work-someone-trust-investor-advises/) - If you’re gearing up to test the investment waters for senior housing/healthcare real estate, you may want to consider this advice from real estate investment maven Gerald Nudo: “Work with someone you trust who has a proven record of achievement in this area.” Mr. Nudo is a partner in Marc Realty, a full-service commercial real - [Americans Sicker Than Counterparts in Other Countries](https://www.cambridgecap.com/blog/americans-sicker-counterparts-countries/) - A new study by the Commonwealth Fund reports that Americans are much sicker than people living in 11 other high-income countries. According to the study, 28 percent of American adults said they have two or more chronic illnesses, such as arthritis, diabetes or high blood pressure. At 22 percent, Canada showed the second highest rate - [Cambridge Arranges $18.3 Million Loan To Refinance Alden Waterford, located in Aurora, Illinois](https://www.cambridgecap.com/blog/cambridge-arranges-18-3-million-loan-to-refinance-alden-waterford-located-in-aurora-illinois/) - Cambridge Realty Capital Companies reports providing an $18,312,000 HUD-Insured loan to refinance Alden Waterford, a skilled care and assisted living facility located in Aurora, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 35-year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty Capital Ltd. - [What’s Keeping Senior Housing Owners Up at Night?](https://www.cambridgecap.com/blog/whats-keeping-senior-housing-owners-night/) - In a changing world, senior housing/healthcare owners and operators have plenty to toss and turn about on sleepless winter nights. Or, for that matter, on nights that fall at any other time of year. Cambridge Realty Capital Chairman Jeffrey A. Davis says a changing of the political guard at the White House always brings uncertainties. - [2017 Forecast: A Chaotic Year Ahead For Senior Housing?](https://www.cambridgecap.com/blog/2017-forecast-chaotic-year-ahead-senior-housing/) - Will the apparent chaos in the nation’s capital seismically impact the senior housing/healthcare industry in 2017? While commenting on the outlook for the year ahead, Cambridge Realty Capital Companies Chairman Jeffrey A. Davis minimized the impact he believes the new administration is likely to have on the industry moving forward. “Senior housing figures to be - [As Rates Rise, HUD Funding Programs Should Become Even More Popular With Senior Housing/Healthcare Borrowers](https://www.cambridgecap.com/blog/rates-rise-hud-funding-programs-become-even-popular-senior-housinghealthcare-borrowers/) - Following several years with interest rates scraping rock bottom, it now appears that the pendulum has swung dramatically in the opposite direction. Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says the capital markets have experienced the most dramatic rise in interest rates in the last 25 years, with U.S. 10-year Treasuries climbing more than - [Interest Rate Volatility Returns to Real Estate Capital Markets](https://www.cambridgecap.com/blog/interest-rate-volatility-returns-real-estate-capital-markets/) - Interest rate volatility is back in the picture for borrowers looking to finance real estate projects of all kinds, including senior housing/healthcare properties. Cambridge Realty Capital Companies Chairman Jeffry A. Davis says long-term, 10-year U.S. Treasuries have increased more than 120 basis points since November 9, 2016, when Donald J. Trump emerged as the surprise - [Cambridge Arranges $2.2 Million Loan To Refinance Fair Oaks Nursing and Rehabilitation Center, located in South Beloit, Illinois](https://www.cambridgecap.com/blog/cambridge-arranges-2-2-million-loan-to-refinance-fair-oaks-nursing-and-rehabilitation-center/) - Cambridge Realty Capital Companies reports providing a $2,257,000 HUD-Insured loan to refinance Fair Oaks Nursing and Rehabilitation Center, a skilled nursing facility located in South Beloit, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 25-year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty - [Retirement Isn’t Always Fair, Study Shows](https://www.cambridgecap.com/blog/retirement-isnt-always-fair-study-shows/) - The Center for Retirement Research has produced a study on income inequality among America’s aging seniors that may provide food for thought for senior housing/healthcare owners and operators who serve this growing population. ‘The Center’s study reveals that more than half of older Americans with the lowest socioeconomic status can expect to face an income - [Cambridge Arranges $26.9 Million Loan To Refinance Huntington Hills Center for Health & Rehabilitation, located in Melville, New York](https://www.cambridgecap.com/blog/cambridge-arranges-26-9-million-loan-refinance-huntington-hills-center-health-rehabilitation-located-melville-new-york/) - Cambridge Realty Capital Companies reports providing a $26,920,000 HUD-Insured loan to refinance Huntington Hills Center for Health & Rehabilitation, a skilled nursing facility located in Melville, New York. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 24-year term loan was issued to the owner, a New York corporation. The loan was coordinated by Cambridge’s - [Broker Discovers Good Advice Can Carry You a Long Way](https://www.cambridgecap.com/blog/broker-discovers-good-advice-can-carry-long-way/) - Good advice can carry you a long way when you’re able to recognize and be receptive to it. Jacob Gehl is a founder and managing partner of Blueprint Healthcare Real Estate Advisors, a brokerage firm that is exclusively focused on senior housing and healthcare real estate. The rapidly expanding firm was founded in 2013 and - [Cambridge Arranges $7.6 Million Loan To Finance The Kensington Located In Galesburg, IL](https://www.cambridgecap.com/blog/cambridge-arranges-7-6-million-loan-refinance-kensington-located-galesburg-il/) - Cambridge Realty Capital Companies reports arranging a $7,680,000 HUD Lean loan to finance The Kensington, a 97-bed supportive living facility located in Galesburg, IL. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 30-year loan was arranged for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding program. - [Aging Population Creating Challenge for Senior Housing Industry](https://www.cambridgecap.com/blog/aging-population-creating-challenge-senior-housing-industry/) - The Joint Center for Housing Studies at Harvard University reports that by the year 2035, one in five people in the United States will be age 65 and older, and one in three households will be headed by someone in that age bracket. Cambridge Realty Capital Chairman Jeffrey A. Davis says the Housing Center projects - [Advantages of HUD Funding Continue to Impress](https://www.cambridgecap.com/blog/advantages-hud-funding-continue-impress/) - Most senior housing/healthcare industry borrowers are well aware of the features, advantages and benefits of popular HUD 232 Lean funding programs. That’s a given. “Borrowers realize that the terms and conditions for FHA-insured loans are attractive. HUD offers fully amortized, 35-year term loans with up to 80 percent loan- to-value for a refinanced HUD mortgage, - [Cambridge Refinances Four SunRidge Senior Living Properties In El Paso, Texas](https://www.cambridgecap.com/blog/cambridge-refinances-four-sunridge-senior-living-properties-el-paso-texas/) - Cambridge Investment and Finance Co. reports that it has refinanced its portfolio of four SunRidge Senior Living properties in El Paso, Tex., in a move calculated to extend an existing loan’s term and take advantage of lower interest rates. Cambridge Investment and Finance is the investment arm of Chicago-based Cambridge Realty Capital Companies, one of - [Low Rates And Skyrocketing Demand For HUD Loans A Highlight Of Obama Presidency](https://www.cambridgecap.com/blog/low-rates-skyrocketing-demand-hud-loans-highlight-obama-presidency/) - Future senior housing/healthcare industry historians will look back on the Obama years as a period highlighted by record low interest rates and skyrocketing demand for popular HUD Lean funding programs. “During the Obama administration’s middle years, HUD was doing record numbers of loans, as lenders refinanced deals two and sometimes three times in order to - [Fed Not Ready to Throw Caution to the Wind](https://www.cambridgecap.com/blog/fed-not-ready-throw-caution-wind/) - Although projections and expectations grow wilder with every passing day, recently released minutes of the December meeting of the Fed’s Federal Open Market Committee (FOMC) indicate central bank policymakers are not ready to throw caution to the wind. In the wake of President-elect Trump’s surprise victory and the changed economic outlook his victory seemingly portends, - [Will Families Be Ready For Aging Boomers?](https://www.cambridgecap.com/blog/will-families-ready-aging-boomers/) - This sobering question comes to us from the AARP Public Policy Institute: Will families be ready to care for baby boomers as they age? According to the research institute, the future availability of family caregivers age 45-64 for each person 80 and older has been steadily trending lower. In 2010, the caregiver support ratio was - [Video Teaser: Finding the Right Financing Fit](https://www.cambridgecap.com/blog/video-teaser-finding-right-financing-fit-2/) - How does a senior facility operator decide whether a conventional bank loan or a HUD loan is best? Both have distinctive benefits which may make one a better fit than the other for a particular operator. Timing also plays a role. Market trends and interest rates may make one type more appealing than the other - [What You Hear From Cambridge You Can Trust…](https://www.cambridgecap.com/blog/hear-cambridge-can-trust/) - Andrew Delman is a true believer in the adage that honesty is the best policy. As the owner of Deerfield, Ill.-based National Preservation Housing Partners (NPHP), he currently owns 38 low-income Section 8 senior housing properties in Illinois, Arizona, Pennsylvania, Indiana, and Kentucky. Because of his commitment to Section 8 projects, he regularly is asked - [Fed Rate Hike Sends Signal to Senior Housing/Healthcare Owners](https://www.cambridgecap.com/blog/fed-rate-hike-sends-signal-senior-housinghealthcare-owners/) - If your business plan involves refinancing a senior housing/healthcare property anytime soon, you’d better get cracking. To no one’s surprise, Cambridge Realty Capital Companies Chairman Jeffrey A. Davis notes that the Federal Reserve Board’s Open Market Committee (FOMC) voted to increase the federal funds rate to a range of between 0.50 percent and 0.75 percent - [Cambridge Chairman was Panelist at Real Estate Conference](https://www.cambridgecap.com/blog/cambridge-chairman-panelist-real-estate-conference/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis was among the panelists participating at the Chicagoland Senior Housing Real Estate Conference on Tuesday morning, November 15 at the Gleacher Center in Chicago. The event was sponsored by the Illinois Real Estate Journal and included breakfast. Panelists discussed the Investment Outlook: Development and Financing Opportunities in Senior - [Video Teaser: The History of Cambridge of Illinois](https://www.cambridgecap.com/blog/video-teaser-history-cambridge-illinois/) - When Jeffrey A. Davis founded Cambridge Realty Capital in 1983, it provided financing for all types of commercial real estate. Within a few years, however, the company began to focus exclusively on senior housing, a shift that Davis delves into in detail in this candid video interview. Cambridge Realty Capital has created an informative and - [Cambridge Rolls Out New Signature Bridge Lending Program](https://www.cambridgecap.com/blog/cambridge-rolls-new-signature-bridge-lending-program/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says the company has created the Cambridge Signature Bridge Lending Program with a select core of capital partners who will work with Cambridge to help bridge the gap between borrowers and attractive HUD financing programs. “In recent years, we’ve seen an increased demand for a direct bridge - [How Client-Centric Approach Works for Cambridge](https://www.cambridgecap.com/blog/client-centric-approach-works-cambridge/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says his company is client-centric, but what exactly does this mean? “It means our team is 100 percent devoted to making certain the client has a great experience. We’re solely focused on financing and investing in senior housing/healthcare properties and make no attempt to be all things - [Cambridge Founder’s Tweets Spell Out Good Year for Senior Housing](https://www.cambridgecap.com/blog/cambridge-founders-tweets-spell-good-year-senior-housing/) - Politicians, athletes, and celebs aren’t the only ones tweeting great words of wisdom to their adoring - and maybe not so adoring – followers. Hashtag fever has arrived big time in the senior housing/healthcare community as well. For example, one can fire up their Twitter account and retrieve an amazingly succinct overview of macrocosmic developments - [Proposed Changes to HUD Program Described](https://www.cambridgecap.com/blog/proposed-changes-hud-program-described/) - A new HUD proposal currently under review will effectively take interest rate risk out of the equation for some senior housing/healthcare borrowers looking to take cash out when refinancing senior care properties. Historically, HUD borrowers were required to allow loans to “season” for two years before taking cash out. Under the proposed changes, this requirement - [Needed Change Not Always Easy, Cambridge Chairman Says](https://www.cambridgecap.com/blog/needed-change-not-always-easy-cambridge-chairman-says/) - A decision that change is needed can be relatively easy to make, but getting it done is another matter. Chairman Jeffrey A. Davis says Cambridge Realty Capital Companies was founded in 1983 and emerged in the current century as one of the nation’s leading senior housing lenders, with more than $5 billion in closed transactions. - [Video Teaser: Memory Care](https://www.cambridgecap.com/blog/video-teaser-memory-care/) - Message From the Founders Series Demand for memory care in senior housing has grown rapidly in recent years. Alzheimer’s and dementia require a specialized kind of care not necessarily available in all assisted living facilities. This has prompted many facility operators to explore the idea of opening new, dedicated memory care beds or wings, or - [Video Teaser: Cambridge’s Focus on Senior Housing](https://www.cambridgecap.com/blog/video-teaser-cambridges-focus-senior-housing/) - Cambridge Realty Capital made a decision early in its existence to turn all of its attention to financing senior housing. While many of Cambridge’s contemporary competitors finance all kinds of different commercial real estate ventures, Cambridge’s intentional and specialized focus has helped it to become America’s leading provider of senior housing capital since it was - [Senior Housing Lending and Investment Gap Continues to Widen](https://www.cambridgecap.com/blog/senior-housing-lending-investment-gap-continues-widen/) - Investors looking to grow, expand and take full advantage of the investment opportunities the senior housing industry will offer over time must inevitably come to grips with the different product options that await America’s aging population. Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says lenders and investors have sold themselves on lending and investing - [Is the Fed Getting Ready to Hike the Federal Funds Rate?](https://www.cambridgecap.com/blog/fed-getting-ready-hike-federal-funds-rate/) - Big news from the Federal Reserve Board’s recent Jackson Hole economic summit is that before the current year is over, there’s still a chance the central bank will resume a policy of tightening that began last December. Or maybe not. At the annual Wyoming economic confab, Chair Janet Yellen said the Fed’s Open Market Committee - [Teamwork an Important Concept at Cambridge-Owned Properties](https://www.cambridgecap.com/blog/teamwork-important-concept-cambridge-owned-properties/) - In the senior housing/healthcare business, it’s never a good idea to rest on one’s laurels. When he was recruited by Dallas-based 12 Oaks Senior Living management company last fall to be Vice President of Operations for four assisted living /memory care properties owned by Cambridge Realty Capital Companies in El Paso, Tex., Ray Cook knew - [Refinancing a HUD Loan Gets Easier the Second Time Around](https://www.cambridgecap.com/blog/refinancing-hud-loan-gets-easier-second-time-around/) - Some things never change but may get easier to work with over time. For example, applying for and securing an FHA-approved HUD 232 loan has been likened to balancing the interests of borrowers, lenders and the government agency on a three-legged stool. This hasn’t changed, but the challenge does get easier the second time around, - [Video Teaser: Transcendent Healthcare](https://www.cambridgecap.com/blog/video-teaser-transcendent-healthcare/) - Cambridge Realty Capital clients often wonder about the experiences of other Cambridge clients. The loan process, whether by conventional or HUD loan, can be intimidating and even grueling, and knowing that others like them have had successful transactions and an overall positive experience and outcome sets them at ease. Cambridge Realty Capital has created an - [Fed Remains Divided on Interest Rate Hike](https://www.cambridgecap.com/blog/fed-remains-divided-interest-rate-hike/) - Once upon a time, politicians held their tongues and the Federal Reserve Board’s Open Market Committee (FOMC), in a show of solidarity, appeared to rubber stamp central bank decisions. But this universe seems to be slipping away. At the September FOMC get-together, three members were open dissenters when the committee publicly announced its decision not - [Cambridge Called "eHarmony" of Healthcare Field](https://www.cambridgecap.com/blog/cambridge-called-e-harmony-healthcare-field/) - Getting senior housing/healthcare borrowers together with funding programs that meet their specific needs and objectives is something Cambridge Realty Capital does exceptionally well, the company’s National Originations Manager Hymie Barber believes. “You might say we’re the 'eHarmony' of the healthcare field,” he once said in prepared remarks. In addition to his national responsibilities, Mr. Barber - [Appraiser Gives Cambridge High Marks](https://www.cambridgecap.com/blog/appraiser-gives-cambridge-high-marks/) - If there was such a thing as a rating system for FHA-approved HUD lenders, appraiser Michael Cooper, MAI, says he would award the highest prize – a 5-Star rating – to Chicago-based Cambridge Realty Capital Companies. Mr. Cooper is President and Founder of the Cooper Valuation Group, which opened for business six years ago in - [Survival in Senior Housing/Healthcare Industry Not Assured](https://www.cambridgecap.com/blog/survival-senior-housinghealthcare-industry-not-assured/) - Who’s best equipped to make a go of it in the senior housing/healthcare industry today? Cambridge Realty Capital Companies Chairman Jeffrey A. Davis believes the industry will increasingly advantage the knowledgeable, technologically savvy operator who has the requisite business and managerial skills needed to cope with challenge and change. An ability to anticipate and deal - [Broker Mark Myers Says Cambridge Investment And Finance Company Brings Unique Perspective To Senior Care Industry](https://www.cambridgecap.com/blog/broker-mark-myers-says-cambridge-investment-finance-company-brings-unique-perspective-senior-care-industry/) - Institutional broker Mark Myers believes that the senior housing/healthcare industry is awash with investment capital, with REITS getting progressively larger by acquiring other REITS. But smaller transactions are occurring all the time as well. “In today’s institutional investment climate, the cost should be significantly higher, but purchasing a company with 200 assets is no more - [Cambridge Arranges $5.2 Million Loan To Refinance Windsor Lane Health Care Center Located In Gibsonburg, Ohio](https://www.cambridgecap.com/blog/cambridge-arranges-5-2-million-loan-refinance-windsor-lane-healthcare-center-located-gibsonburg-ohio/) - Cambridge Realty Capital Companies reports arranging a $5,265,800 HUD Loan for the owner of Windsor Lane Health Care Center, located in Gibsonburg, OH. Jeffrey A. Davis, Cambridge Chairman, said a 6-month construction loan and a fully-amortizing, 34.5-year permanent loan was provided to the owner, an Ohio limited liability company, to construct a building addition and - [Video Teaser: Ask a Cambridge Associate](https://www.cambridgecap.com/blog/video-teaser-ask-a-cambridge-associate/) - Choosing the right lender for a senior facility can be a daunting challenge for borrowers. Borrowers want the best rate and terms, but they don’t want to feel like just another number. Cambridge Realty Capital set out from the beginning to ensure that borrowers would be able to get both competitive rates and personalized attention, - [Some Common Questions on HUD Financing Answered](https://www.cambridgecap.com/blog/common-questions-hud-financing-answered/) - If it is your expectation that the lender you chose to handle your HUD Section 232 loan will be all things to all parties involved in the transaction, your thinking is going in the right direction. “In these transactions, there’s no end to the assistance the HUD lender is called upon to provide. The lender - [Yes Men Wanted Here!](https://www.cambridgecap.com/blog/yes-men-wanted/) - Like commercial real estate brokers everywhere, Chris Hyldahl hates to play the waiting game. All too often, he says, deals can languish in limbo while awaiting decisions from on high. “In the brokerage industry, it’s not easy to find accessible decision-makers. More typically, contacts are not able to say yes to anything but must get - [Cambridge to Have Large Contingent at 2016 NIC Fall Conference](https://www.cambridgecap.com/blog/cambridge-attending-2016-nic-conference/) - Team Cambridge will be well represented at the 2016 NIC Fall Conference scheduled Sept. 14-16 at the Marriott Marquis in Washington D.C., Chairman Jeffrey A. Davis reports. Mr. Davis describes the annual conference as the industry’s premier networking event, where senior housing operators, owners and capital providers come to get deals done and to discuss - [Cambridge Arranges $7.4 Million Loan To Refinance Alden Princeton](https://www.cambridgecap.com/blog/cambridge-alden-princeton-refinance/) - Cambridge Realty Capital Companies reports providing a $7,406,000 HUD-Insured loan to refinance Alden Princeton, a skilled nursing facility located in Chicago, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 35-year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty Capital Ltd. of Illinois, the - [Thirty Years of Progress for Senior Housing/Healthcare Industry](https://www.cambridgecap.com/blog/30-years-progress-senior-housing-industry/) - It’s hard to imagine what the senior housing/healthcare industry will look like 30 years from now, but if the past three decades are indicative, some dynamic changes are no doubt on the way. When Cambridge Realty Capital Co. opened for business in Chicago 33 years ago, the industry was mostly comprised of small mom-and-pop operations. - [Borrowers Find HUD Loans Are Well Worth the Extra Effort](https://www.cambridgecap.com/blog/hud-loans-worth-extra-effort/) - Borrowers hear many things, but there is nothing mysterious about the type of information lenders need to process a HUD Section 232 loan. Sampada D’silva is Managing Director for Cambridge Realty Capital Companies, one of the nation’s leading FHA-approved HUD 232 lenders, with more than $5 billion in closed senior housing/healthcare loans. She says the - [Ten Reasons Why Outlook For Senior Housing Will Continue To Improve](https://www.cambridgecap.com/blog/ten-reasons-outlook-senior-housing-will-continue-improve/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis has come up with 10 trending reasons why he believes the senior housing/healthcare sector will continue to be more attractive to investors over the next 10 years: Resiliency. Senior housing continues to demonstrate that it is very resilient to changes in the economic climate, largely because senior - [Co-Investment/Sponsor Joint Venture Program Offered By Cambridge](https://www.cambridgecap.com/blog/joint-venture-co-investment-cambridge/) - Cambridge Realty Capital Companies reports that a national sponsor/co-investment joint venture capital development program offered by the senior housing/healthcare capital firm is ideal for experienced owner-operators who are looking to maximize third-party capital and leverage. Chairman Jeffrey A. Davis says the program is being coordinated by Cambridge Investment and Finance Co., an affiliate. The majority - [Poor Job Numbers Give Central Bankers Pause](https://www.cambridgecap.com/blog/poor-job-numbers-give-central-bankers-pause/) - If it’s not one thing, it’s another. Like the rest of the world, senior housing/healthcare borrowers watched with interest as the Fed’s Open Market Committee (FOMC) cited an unanticipated downturn in job growth numbers as the main reason why the interest rate banks charge each other for overnight loans – the Fed Fund rate – - [Getting The Timing Right On Your Next HUD Loan](https://www.cambridgecap.com/blog/getting-timing-right-next-hud-loan/) - The Federal Open Market Committee (FOMC), the group that decides on interest rate levels, now expects only two rate hikes in 2017, according to its most recent Summary of Economic Projections. Fed Chair Janet Yellen says that proceeding cautiously allows the Fed to verify that the labor market is continuing to strengthen, given economic risks - [Is Now a Good Time to Embark on a New Construction Project?](https://www.cambridgecap.com/blog/now-good-time-embark-new-construction-project/) - The demographics are enticing, but is now really the best time for independent senior housing/healthcare owners to embark on a new construction project? “The answer, of course, is that it all depends,” says Cambridge Realty Capital Companies Senior Vice President Brent Holman-Gomez. “For many, new construction may appear to be the most intriguing option. But - [Timing Interest Rate Trends Not Getting Any Easier](https://www.cambridgecap.com/blog/timing-interest-rate-trends-not-getting-easier/) - It’s not unusual for senior housing/healthcare lenders to do whatever they can to help borrowers in timing dodgy financial markets, but the task isn’t getting any easier. “The problem when working with popular HUD Lean financing programs is accounting for the gap between the time when a borrower applies for a loan and when the rate - [First Half of 2016: Cambridge Has Closed $61.6 Million in Senior Housing Loans](https://www.cambridgecap.com/blog/first-half-2016-cambridge-closed-61-6-mil-senior-housing-loans/) - Cambridge Realty Capital Companies reports closing six HUD Section 232 loans totaling $61.6 million during the first half of 2016. Cambridge is one of the nation’s leading senior housing/healthcare lenders, with more than $5.0 billion in closed transactions. The company has consistently ranked among the top FHA-approved HUD lenders in the country, Mr. Davis said. - [Helping Clients in Good Times and Bad](https://www.cambridgecap.com/blog/helping-clients-good-times-bad/) - Senior housing/healthcare borrowers have grown accustomed to interest rates at historic lows, but seasoned veterans of interest rate wars recall a frothier era when short-term interest rates soared to 22 percent and long rates hovered behind at 15.5 percent in the most lopsided yield curve anyone alive on the planet today can remember. We have - [Cambridge Arranges $11.8 Million HUD Loan To Refinance Alden Town Manor, Located In Cicero, Illinois](https://www.cambridgecap.com/blog/alden-town-manor-11-8m-refi-loan/) - Cambridge Realty Capital Companies reports providing an $11,811,800 HUD-Insured loan to refinance Alden Town Manor, a skilled nursing facility located in Cicero, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 30-year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty Capital Ltd. of Illinois, - [Welcome Changes to HUD’s 232 Handbook](https://www.cambridgecap.com/blog/welcome-changes-huds-232-handbook/) - A very good funding program will soon be getting better for those senior housing/healthcare borrowers who use bridge loans while waiting to qualify for permanent funding under HUD’s Section 232 Lean Healthcare Mortgage Insurance Program. Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says proposed changes to the HUD 232 Handbook contain updates that will - [Investors Discovering Upside for Senior Housing Properties](https://www.cambridgecap.com/blog/investors-discovering-upside-senior-housing-properties/) - Investors familiar with commercial real estate typically find they need to look at senior housing investment opportunities through a different lens. “When they focus on the big picture, what they invariably see is that senior housing has extensive upside to capture but very low data correlation with the macro-economic factors that impact commercial real estate,” - [Cambridge Sells Four Wisconsin Senior Care Properties](https://www.cambridgecap.com/blog/cambridge-sells-four-wisconsin-senior-care-properties/) - Cambridge Realty Capital Companies reports that four senior care properties owned by the company in Appleton and Green Bay, Wisc., have been sold to Summit Healthcare REIT of Lake Forest, Calif., for $18.4 million. The properties were purchased by Chicago-based Cambridge in 2008. Since the purchase the properties have been managed by BAKA Enterprises Ltd., - [Is New Construction The Best Option at This Time?](https://www.cambridgecap.com/blog/new-construction-best-option-right-now/) - Your senior care property seems to be operating at or near peak levels. Is a new construction project a good idea for your business at this time? Maybe yes. Maybe no. But senior housing property management and financial consultant Brent Holman-Gomez thinks senior housing/healthcare property owners looking for new opportunities to make money should probably - [New Corporate Look for Cambridge Realty Capital](https://www.cambridgecap.com/blog/new-corporate-look-cambridge-realty-capital/) - There’s a “new look” at Cambridge Realty Capital Companies. As part of its new corporate identity program, the company has redesigned its corporate logo and website and rebranded other marketing communications tools it uses to communicate with an expanding lineup of national clients, Chairman Jeffrey A. Davis reports. “The new format accommodates the growing array - [Cambridge Arranges $11.3 Million Loan To Refinance Alden Lakeland, Located In Chicago, Illinois](https://www.cambridgecap.com/blog/cambridge-arranges-11-3-million-loan-refinance-alden-lakeland-located-chicago-illinois/) - Cambridge Realty Capital Companies reports providing an $11,318,400 HUD-Insured loan to refinance Alden Lakeland, a skilled nursing facility located in Chicago, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 35-year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty Capital Ltd. of Illinois, the - [Telephone Conference Calls Keep Asset Managers on Their Toes](https://www.cambridgecap.com/blog/telephone-conference-calls-keep-asset-managers-toes/) - The technology has been around for a very long time, but businesses sometimes struggle to make the ordinary telephone conference call as timely and productive as they’d like it to be. “Most of us need to work at it,” says Cambridge Realty Capital Companies Senior Vice President Brent Holman-Gomez. At Cambridge, Mr. Holman-Gomez is responsible - [Future For Senior Care Industry Looks Bright](https://www.cambridgecap.com/blog/future-senior-care-industry-looks-bright/) - Over the next 10 years, senior housing will leave its “niche” real estate status and become a major part of the commercial real estate landscape, Cambridge Realty Capital Companies Chairman and Founder Jeffrey A. Davis predicts. Cambridge is one of the nation’s leading senior housing/healthcare lenders and is consistently ranked among the top FHA-approved HUD - [Value Soars for Former Cambridge-Owned Assisted Living Properties](https://www.cambridgecap.com/blog/value-soars-former-cambridge-owned-assisted-living-properties/) - For those who invest in senior housing/healthcare properties, successful outcomes have a lot to do with timing. An ability to see potential future value where little currently exists is helpful as well. Senior Managing Director Ben Firestone of Chicago-based Blueprint Healthcare Real Estate shares this example: Eight years ago, Cambridge Investment and Finance, the acquisition - [Cambridge Arranges $13.5 Million HUD Loan To Refinance Alden Gardens Of Waterford, Located In Aurora, Illinois](https://www.cambridgecap.com/blog/cambridge-arranges-13-5-million-loan-for-alden-gardens-waterford/) - Cambridge Realty Capital Companies reports providing a $13,579,400 HUD-Insured loan to refinance Alden Gardens of Waterford, an assisted living facility located in Aurora, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 35-year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty Capital Ltd. of - [Cambridge Brings Something Extra To The Table](https://www.cambridgecap.com/blog/cambridge-brings-something-extra-table/) - Sandy River Company Vice President Daniel Maguire had his doubts. He and his team knew a few things about securing popular HUD 232 funding for skilled nursing home properties and wasn’t sure how well a Chicago-based company would be able to work with his regional HUD office in Manchester, New Hampshire. Mr. Maguire says that - [Cambridge Arranges $7.7 Million HUD Loan To Refinance Apple Valley Christian Care Center](https://www.cambridgecap.com/blog/cambridge-7-7-million-loan-refinance-apple-valley-christian-care-center/) - Cambridge Realty Capital Companies reports providing a $7,768,000 HUD-Insured loan to refinance Apple Valley Christian Care Center, a skilled care nursing facility located in Apple Valley, California. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 22-1/2 year term loan was issued to the owner, a California limited liability company. Underwriting the transaction was Cambridge - [How to Favorably Impress Your Healthcare Lender](https://www.cambridgecap.com/blog/favorably-impress-healthcare-lender/) - If trying to impress a lender is on your to-do list, consider this: an ability to articulate the details of your business will favorably impress senior housing/healthcare lenders every time. So says Cambridge Realty Capital Companies Managing Director Sampada D’silva. She says this advice is based on experience the Cambridge staff has gained while closing - [HUD More Flexible in Today's Economic Climate](https://www.cambridgecap.com/blog/hud-flexible-todays-economic-climate/) - Here’s something senior housing/healthcare borrowers may not realize about popular HUD Lean funding programs: “The HUD agency may be more flexible than some have been led to believe,” says Cambridge Realty Capital Companies Vice President Tony Marino. Cambridge is one of the nation’s leading senior housing/healthcare lenders and consistently ranks among the top FHA-approved HUD - [Familiarity Breeds Contentment at Cambridge Realty Capital](https://www.cambridgecap.com/blog/familiarity-breeds-contentment-cambridge-realty-capital/) - It’s all about togetherness. As Senior Vice President Brent Holman-Gomez puts it, familiarity breeds contentment at Chicago-based Cambridge Realty Capital Companies. “We hear it all the time. Clients comment on how knowledgeable, responsive and together our staff appears to be. One reason is because we’ve been working together at this for a long time,” he - [Cambridge Closes HUD Loans Totaling $144 Million in 2015](https://www.cambridgecap.com/blog/cambridge/) - Cambridge Realty Capital Companies Chairman Jeffrey A. Davis reports the company closed 12 HUD loans totaling more than $144 million in 2015. The largest loan of $24.9 million refinanced Meadowbrook Manor of La Grange, a 113-bed skilled nursing home facility in La Grange, Ill. The smallest transaction was a $2.3 million loan that refinanced Prairie - [Meet With Cambridge at 2016 NIC Spring Investment Forum](https://www.cambridgecap.com/blog/meet-cambridge-2016-nic-spring-investment-forum/) - Team Cambridge will be well represented at the 2016 National Investment Council (NIC) Spring Investment Forum scheduled for March 9-11 at the Omni Dallas Hotel in Dallas, Tex. Cambridge Realty Capital Companies Chairman Jeffrey A. Davis says the NIC event offers participants the chance to meet industry decision-makers and take advantage of an exceptional opportunity - [Cambridge Helps Developer Manage the Complexities of Government Funding Programs](https://www.cambridgecap.com/blog/cambridge-helps-developer-manage-complexities-government-funding-programs/) - Most likely, there will always be yards of red tape associated with the government programs that fund senior housing/healthcare properties. “Fortunately,” says Chicago developer Bob King, “there are knowledgeable specialists who understand the increasingly complex world of government finance, who can help owner/operators find their way through the maze.” Mr. King is President of Carroll - [Some Things to Consider When Shopping for a HUD Loan](https://www.cambridgecap.com/blog/things-consider-shopping-hud-loan/) - If an FHA-approved HUD 232 loan is on your shopping list, consider this: “One of the best yardsticks a senior housing/healthcare borrower can use to determine whether a lender will be up to the task measures how successful the lender has been in securing new business from existing clients,” says funding expert Sampada D’silva. Borrowers ## Pages - [Home](https://www.cambridgecap.com/) - $6.5 Billion in Closed Senior Housing Capital Transactions HUD Lean Mortgages HUD Lean offers you a streamlined process for your skilled nursing home or assisted living, active adult, memory care financing transactions. Read More Signature Bridge Loan Financing Are you acquiring, or ready for the benefits offered by HUD financing, but would also like to - [Capital Wisdom](https://www.cambridgecap.com/infocenter/capital-wisdom/) - Infocenter Cambridge Capital Wisdom 2026 August: 🎉 We built a Bridge (to HUD) in KY! 🎉 July: Planning For The Future Easier With A HUD Loan July: Transparency With Lender Regarding Staffing Crucial To Growth July: Bells and Whistles are Nice, But Experience Matters More in Senior Housing Finance June: Opportune Time to Acquire June: Knowledgeable Lender - [Cambridge Closings](https://www.cambridgecap.com/about/cambridge-closings/) - We’re a Different Capital Provider Running Total of Transactions Managed by Cambridge Realty Companies 7,052,901,760 TOTAL DOLLARS 117,183 TOTAL BEDS/UNITS 273 DEALS SINCE MARCH 2012 Northland Rehabilitation and Healthcare Center $13,310,000 Cambridge Realty Capital Companies reports arranging a $13,310,000 HUD-insured Section 223(f) refinance loan for Northland Rehabilitation and Healthcare Center, located in Kansas City, Missouri. - [Press Releases](https://www.cambridgecap.com/about/press-releases/) - We are a Different Capital Provider Press Releases 2026 4/16/26 Cambridge Provides A $6,145,000 HUD Loan To Refinance Avalon Memory Care Keller Located In Keller, TX 4/15/26 Cambridge Realty Capital Funds $49.67M in First Mortgage Financing for Five Affordable Senior Apartment Communities 1/14/26 Record Three Days To Commitment For Recent Cambridge HUD Loan 2025 7/17/2025 Cambridge Realty Capital Provides - [Capital Wisdom & e-Pulse! Archives](https://www.cambridgecap.com/infocenter/capital-wisdom/capital-wisdom-e-pulse-archives/) - Infocenter Capital Wisdom & e-Pulse! Archives 2024 December: Cambridge Has The Lending Power Of Many Institutions Under One Roof December: Engineer your financing $$ with Cambridge today! December: Cambridge Gets Creative in Times of Uncertainty November: Don’t Wait To Refinance! Cambridge Can Help Find Options November: Shopping For A HUD Lender? 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Your Name (required) Your Email (required) Phone Number (required) Company Name (required) Zip Code (required) Role in Industry: —Please choose an option—AccountantAssisted Living/Retirement Housing OwnerCommercial Real Estate DeveloperFinancial ConsultantGeneral Contractor/BuilderHealthcare ConsultantHealthcare Receivable/Equipment - [Services](https://www.cambridgecap.com/services/) - Let Cambridge Help You Do What You Do Best! Our Services Combining our vast industry knowledge & capital markets expertise, we at Cambridge provide proven debt and equity financing solutions to senior housing & nursing home owners and investors. We’re here to help clients refinance, grow, stabilize, or restructure their business. Cambridge has focused exclusively - [Signature Bridge Loan Financing](https://www.cambridgecap.com/services/signature-bridge-loan-financing/) - Cambridge Services Signature Bridge Loan Financing Target Signature Bridge Loan Financing Projects: Acquisitions, Recapitalization, Expansion, Short-Term, 55+ Active Adult, Assisted Living (ALF), Memory Care/Alzheimer, Skilled Nursing (SNF) If you are ready for the benefits offered by HUD financing, but would also like to achieve additional leverage and/or a cashout to recognize appreciation that will be - [Conventional Debt Financing](https://www.cambridgecap.com/services/conventional-debt-financing/) - Cambridge Services Conventional Debt Financing Target Conventional Debt Financing Projects: Acquisitions, Refinance, Pay off Debt, Recapitalization, Expansion, 55+ Active Adult, Independent Living, Assisted Living (ALF), Memory Care/Alzheimer/Dementia, Skilled Nursing (SNF) We believe our Mission Statement sums it up nicely: Combining our vast industry knowledge and capital markets expertise, we provide proven debt and equity financing - [HUD 232 Lean Mortgages](https://www.cambridgecap.com/services/hud-232-lean-mortgages/) - Cambridge Services HUD 232 Lean Mortgages For the last 35 years, Cambridge has been one of the nation’s leading lenders approved for the U.S. Department of Housing and Urban Development’s HUD 232 FHA/MAP program, which provides insured funding for licensed skilled nursing facilities and assisted living communities. HUD also acknowledged Cambridge’s unique expertise and leadership - [Loan Servicing](https://www.cambridgecap.com/loan-servicing/) - [Testimonials](https://www.cambridgecap.com/about/testimonials/) - We are a Different Capital Provider Testimonials The company has the unique ability to make a make a tedious and difficult process appear to run smoothly. The Cambridge management team is extremely competitive, exceptionally creative and very detail-oriented. And the Cambridge staff is very patient with borrowers. If you provide Cambridge with timely and accurate - [Executive Summaries](https://www.cambridgecap.com/infocenter/executive-summaries/) - Cambridge Services Financing Program Executive Summaries We are pleased to provide online access to our extensive library of information and support documents. The documents are in the Adobe Acrobat PDF format. By clicking a document title, you will be able to view the document on your computer and then print it out, if desired. HUD - [Information Request Forms and Checklists](https://www.cambridgecap.com/infocenter/information-request-forms/) - Cambridge Services Information Request Forms and Checklists We are pleased to provide online access to our extensive library of information and support documents. The documents are in the Adobe Acrobat PDF format. By clicking a document title, you will be able to view the document on your computer and then print it out, if desired. - [Infocenter](https://www.cambridgecap.com/infocenter/) - Find the answers to your questions here Cambridge InfoCenter Welcome to our InfoCenter! Here you can find more information about all of our loan programs, including Executive Summaries and FAQ’s for each specific kind of financing that Cambridge offers. We also provide checklists for to you to use when compiling data for your financing request, - [Sample Term Sheets](https://www.cambridgecap.com/infocenter/program-sheets/) - Cambridge Services Sample Term Sheets We are pleased to provide online access to our extensive library of information and support documents. The documents are in the Adobe Acrobat PDF format. By clicking a document title, you will be able to view the document on your computer and then print it out, if desired. HUD Senior - [Employment](https://www.cambridgecap.com/about/employment/) - We are a Different Capital Provider Employment Contact us today if you are an originator interested in working with Cambridge. Our Team Press Releases Testimonials Corporate Brochure - [Our Team](https://www.cambridgecap.com/our-team/) - We are a Different Capital Provider Our Team Andrew L. Erkes Management President — Hymie Barber — Originator National Originations Manager Andrew Cush Underwriting Senior Underwriter Brent Holman-Gomez Originator Senior Vice President — Zachary Scardina — Originator Vice President — Megan Town — Servicing Vice President - Loan Administration — Abby Althoff — Servicing Vice - [About](https://www.cambridgecap.com/about/) - We are a Different Capital Provider About Cambridge Jeffrey A. Davis (1953-2022) founded Cambridge Realty Capital in 1983, after becoming the youngest Senior Vice President at Baird & Warner, Inc., a landmark Chicago real estate firm. During the 1980s, Cambridge provided financing for all types of commercial real estate. In 1985, Andrew L. Erkes joined - [Infocenter](https://www.cambridgecap.com/infocenter-2/) - Find the answers to your questions here Cambridge InfoCenter Welcome to our InfoCenter! Here you can find more information about all of our loan programs, including Executive Summaries and FAQ’s for each specific kind of financing that Cambridge offers. We also provide checklists for to you to use when compiling data for your financing request, - [FAQ](https://www.cambridgecap.com/infocenter/faq/) - Frequently Asked Questions Here are some of the questions we hear most often about our company, the types of services we provide, the application and approval process, and about general issues. Click a question to jump down top the answer, or scroll the page to review all of our answers to FAQ’s. When was Cambridge - [Papers and Presentations](https://www.cambridgecap.com/infocenter/papers-and-presentations/) - Cambridge Infocenter White Papers, Articles, and Presentations Interview: Senior Housing News – Voices June 2021 Interview: Skilled Nursing News – Voices April 2021 Presentation: AHCA NCAL & Cambridge Realty Capital Present: HUD 232 Lean vs. Conventional Financing- Webinar Presentation: The Wizard of HUD – A look behind the curtain at how the HUD Financing process works Webinar Television Interview: - [Archive](https://www.cambridgecap.com/about/press-releases/archive/) - We are a Different Capital Provider Press Release Archive 2019 12/31/19 Cambridge Provides A $7 Million HUD Lean Loan To Refinance The Pontiac Supportive Living Located In Pontiac, IL 12/30/19 Thorough Preparation Prevents Glitches From Becoming Roadblocks In HUD Application Process, Say Cambridge Clients 12/30/19 Cambridge Provides $24 Million In HUD Lean Loans To Refinance Two Ohio SNF - [Sitemap](https://www.cambridgecap.com/sitemap/) - Pages About Cambridge Closings Employment Press Releases Archive Testimonials Blog Contact Us Deal Submission Disclaimer Home Infocenter Infocenter Capital Wisdom Capital Wisdom & e-Pulse! Archives Executive Summaries FAQ Financing Glossary of Terms Information Request Forms and Checklists It’s A Done Deal Series Message from the Founders Series Papers and Presentations Sample Term Sheets Loan Servicing - [Test Your Finance IQ](https://www.cambridgecap.com/test-your-finance-iq/) - REDUCING THAT FINANCING RATE BY JUST .25% … YOU WOULD SAVE $937,500! Yes, this is a hypothetical – but it’s the kind of savings we’ve been helping clients earn for decades. We have $5.5 Billion of experience digging out that extra quarter point! FILL OUT THIS FORM TO GET THREE INFORMATION PACKAGES TO SAVE TIME - [Test Your Finance: $937500](https://www.cambridgecap.com/test-your-finance-iq/937500-d/) - REDUCING THAT FINANCING RATE BY JUST .25% … YOU WOULD SAVE $937,500! Yes, this is a hypothetical – but it’s the kind of savings we’ve been helping clients earn for decades. Nobody has more experience digging out that extra quarter point! FILL OUT THIS FORM TO FIND OUT HOW YOU CAN SAVE TIME AND MONEY - [Test Your Finance: $620,800](https://www.cambridgecap.com/test-your-finance-iq/620800-c/) - Sorry. It’s more than you think! SHAVING JUST ONE-QUARTER POINT OFF YOUR LOAN WOULD SAVE YOU $937,500! Yes, this is a hypothetical – but it’s the kind of savings we’ve been helping clients earn for decades. Nobody has more experience digging out that extra quarter point! FILL OUT THIS FORM TO FIND OUT HOW YOU CAN - [Test Your Finance: $365,100](https://www.cambridgecap.com/test-your-finance-iq/365100-b/) - Sorry. It’s more than you think! SHAVING JUST ONE-QUARTER POINT OFF YOUR LOAN WOULD SAVE YOU $937,500! Yes, this is a hypothetical – but it’s the kind of savings we’ve been helping clients earn for decades. Nobody has more experience digging out that extra quarter point! FILL OUT THIS FORM TO FIND OUT HOW YOU CAN - [Test Your Finance: $165,300](https://www.cambridgecap.com/test-your-finance-iq/165300-a/) - Sorry. It’s more than you think! SHAVING JUST ONE-QUARTER POINT OFF YOUR LOAN WOULD SAVE YOU $937,500! Yes, this is a hypothetical – but it’s the kind of savings we’ve been helping clients earn for decades. Nobody has more experience digging out that extra quarter point! FILL OUT THIS FORM TO FIND OUT HOW YOU CAN - [Message from the Founders Series](https://www.cambridgecap.com/infocenter/message-founders-series/) - Message from the Founders Series View on YouTube - [It's A Done Deal Series](https://www.cambridgecap.com/infocenter/done-deal-series/) - It’s A Done Deal Series View on YouTube - [Sale/Leaseback Financing](https://www.cambridgecap.com/services/sale-leaseback-financing/) - Cambridge Services Sale/Leaseback Financing If you are a senior housing/healthcare facility owner who wants to focus on developing and operating your facility to its fullest potential and deploy all of your capital towards its operations, Cambridge’s sale/leaseback financing program is tailor-made for you. Via our private equity arm, Cambridge Investment and Finance Company, LLC, we - [Financing Glossary of Terms](https://www.cambridgecap.com/infocenter/financing-glossary-terms/) - Financing Glossary of Terms Our glossary of terms is provided as a quick reference, and to provide simple definitions to some of the technical terms in use in the financing business. Search for a word you are interested in learning more about by clicking the first letter of the term. A Absorption Rate – The - [Disclaimer](https://www.cambridgecap.com/disclaimer/) - This website has been prepared to provide summary information to any interested party and is for information purposes solely. It does not, however, purport to present all material information regarding of any specific topic. In particular, neither Cambridge Realty Capital Companies nor Cambridge Realty Capital, LLC nor Cambridge Realty Capital Ltd. of Illinois or any - [Deal Submission](https://www.cambridgecap.com/deal-submission/) - We are a Different Capital Provider Deal Submission Please take a moment to fill out the following basic form and submit to us. You’re under no obligation and we promise to review your inquiry. Expect our call within two business days. Contact Information First Name:* Last Name:* Company:* Address:* City:* Select State:* —Please choose an - [Blog](https://www.cambridgecap.com/blog/) - Cambridge arranged $21,522,000 bridge-to-HUD first mortgage for Kentucky Skilled Nursing FacilityJune 30, 2026Cambridge Realty Capital has arranged a $21,522,000 bridge-to-HUD first mortgage loan for a 108-bed Skilled Nursing Facility. The facility is located in Kentucky. Cambridge arranged the financing [...] Read More Outlook For Senior Housing Remains Enthusiastic On The Heels Of Spring 2026 - [Principal Acquisitions](https://www.cambridgecap.com/services/principal-acquisitions/) - Cambridge Services Acquisition / Joint Venture Cambridge Realty Capital Companies has its own private equity arm, Cambridge Investment and Finance Company, LLC, to act as a principal and acquire senior housing properties in the form of an operating lease on skilled nursing facilities, or, more typically, as a third-party operator/property manager for assisted living, memory ## Clients - [Print Design](https://www.cambridgecap.com/blog/clients/print-design/) - [Eagle Sport](https://www.cambridgecap.com/blog/clients/eagle-sport/) - [Golf](https://www.cambridgecap.com/blog/clients/golf/) - [Sunshine](https://www.cambridgecap.com/blog/clients/sunshine/) - [Monochrome](https://www.cambridgecap.com/blog/clients/monochrome/) - [Design Studio](https://www.cambridgecap.com/blog/clients/design-studio/) ## Employees - [-- Zachary Scardina -- Originator](https://www.cambridgecap.com/team/zachary-scardina/) - Mr. Scardina is a Vice President at Cambridge Realty Capital Companies. His primary responsibilities include sourcing and originating new loans, analyzing investment opportunities, underwriting, and performing market due diligence. Mr. Scardina holds a Bachelor of Science with a double major in Finance and Real Estate from DePaul University. He joined Cambridge in the summer of 2010 - [Andrew Cush Underwriting](https://www.cambridgecap.com/team/andrew-cush-underwriting/) - Andrew Cush joined Cambridge in summer 2025 as a senior underwriter with 20+ years of experience in commercial real estate. Since 2010, he has focused primarily on underwriting and closing deals through the HUD Section 232 mortgage insurance program. Prior to joining Cambridge, he worked at Merchants Bank of Indiana as a senior underwriter for - [Brent Holman-Gomez Originator](https://www.cambridgecap.com/team/brent-holman-gomez/) - Brent Holman-Gomez joined Cambridge in 1996 and is currently charged with the firm's asset management of senior housing properties held by its affiliated entities, as well as origination and underwriting of new lending. In his asset management role, working closely with senior housing operators, he manages risks inherent with clinical operations, monitors financial performance, manages - [-- Hymie Barber -- Originator](https://www.cambridgecap.com/team/hymie-barber/) - National Originations Manager for Cambridge Realty Capital Companies & Managing Director of Catalyst/Cambridge Healthcare Finance in Los Angeles. Catalyst is Cambridge's most active correspondent and has placed over $2 billion of financing to date with Cambridge. Financing sources include government agencies (FHA/HUD, FannieMae, SBA and USDA) and conventional sources (banks, CMBS, specialty lenders, REITs, etc.). - [Debbie Glienke Administrative](https://www.cambridgecap.com/team/debbie-glienke/) - As Office Manager, Ms. Glienke is responsible for overseeing and assisting with many areas of the company, including banking; bookkeeping; meetings and convention travel; and personnel. She is the internal editor for a variety of corporate documents and a backup for the company’s IT manager. She is familiar with all company systems and financing programs - [Andrew L. Erkes Management](https://www.cambridgecap.com/team/andrew-l-erkes/) - Education: Bachelor of Arts, Finance - University of Illinois, Champaign/Urbana, Illinois 1978. Masters of Business Administration, Finance - Loyola University of Chicago, 1983. Professional: 1985 through Present - Cambridge Realty Capital Ltd. of Illinois, President & Principal FHA Mortgagee 12739 - GNMA Issuer No. 3733 Principal; responsible for all HUD-insured multifamily and healthcare loan underwriting, - [-- Jeffrey Lusero -- Servicing](https://www.cambridgecap.com/team/jeffrey-lusero/) - Jeffrey Lusero works with the HUD-insured financing arm of Cambridge Realty Capital Companies. As Mortgage Accounting Officer, he is responsible for the servicing of Cambridge's HUD-insured permanent mortgage portfolio. Servicing duties include invoicing, collections, bill payment, banking, investor payments, GNMA reporting, and client escrow account maintenance. Mr. Lusero communicates with clients, banks and investors to - [-- Megan Town -- Servicing](https://www.cambridgecap.com/team/megan-town/) - Megan Town joined Cambridge in November 2008 as an Associate and was promoted to Loan Administration Officer in May 2010, Senior Loan Administration Officer in June 2018, and Vice President - Loan Administration in July 2022. Her primary duties include overseeing the HUD-Insured Construction Portfolio and assisting with the asset management of the Permanent Loan - [Ms. Evan Williams Administrative](https://www.cambridgecap.com/team/ms-evan-williams/) - Evan Williams joined Cambridge Realty Capital Companies in 2007 as the company's "Chief Problem Solver." In her current role as MIS Director Ms. Williams is responsible for maintaining the company's IT infrastructure, as well as providing support to key stakeholders at Cambridge. Prior to joining Cambridge, Ms. Williams worked in various aspects of real estate - [Eli Erkes - Servicing](https://www.cambridgecap.com/team/eli-erkes/) - Eli Erkes joined Cambridge of Illinois in January 2018 as an Asset Manager, and is currently Cambridge's Risk Mitigation Officer. Phone: 312-521-7625 - [-- Joanne Davis -- Administrative](https://www.cambridgecap.com/team/joanne-davis/) - Joanne Davis is the Office Services Manager at Cambridge Realty Capital Companies. Her primary responsibilities center on the coordination of meetings for members of the company by phone or in person, assisting with the hiring process for other positions, and the overall organization of the office. Joanne was born and raised in the Chicago area - [Xiaohui (Jerry) Huang, CFA -- Underwriting](https://www.cambridgecap.com/team/jerry-huang/) - Xiaohui (Jerry) Huang is the Director of Underwriting at Cambridge Realty Capital Companies. His primary responsibilities include the underwriting of new debt and equity transactions, developing financial models, analyzing investment opportunities, and due diligence fulfillment. Mr. Huang is a graduate of the University of International Business and Economics with a B.S. in Economics. In addition, - [-- Abby Althoff -- Servicing](https://www.cambridgecap.com/team/abby-althoff/) - While attending DePaul University, Abigail Althoff began working as an associate for Cambridge Realty Capital Ltd. of Illinois in September 2011. Upon graduation and obtaining her BS in Accounting, she was promoted to Loan Administration Officer in December 2012, promoted to Senior Loan Administration Officer in June 2018, and is currently Vice President - Loan ## Faqs - [What are the latest projects available to buy?](https://www.cambridgecap.com/blog/faq-items/title-4/) - Curabitur aliquet quam id dui posuere blandit. Nulla quis lorem ut libero malesuada feugiat. Curabitur non nulla sit amet nisl tempus convallis quis ac lectus. Curabitur aliquet quam id dui posuere blandit. Proin eget tortor risus. Curabitur arcu erat, accumsan id imperdiet et, porttitor at sem. - [Loans and Installments](https://www.cambridgecap.com/blog/faq-items/title-3/) - Curabitur aliquet quam id dui posuere blandit. Nulla quis lorem ut libero malesuada feugiat. Curabitur non nulla sit amet nisl tempus convallis quis ac lectus. Curabitur aliquet quam id dui posuere blandit. Proin eget tortor risus. Curabitur arcu erat, accumsan id imperdiet et, porttitor at sem. - [What about earthquake redundancy in you projects?](https://www.cambridgecap.com/blog/faq-items/title-2/) - Curabitur aliquet quam id dui posuere blandit. Nulla quis lorem ut libero malesuada feugiat. Curabitur non nulla sit amet nisl tempus convallis quis ac lectus. Curabitur aliquet quam id dui posuere blandit. Proin eget tortor risus. Curabitur arcu erat, accumsan id imperdiet et, porttitor at sem. - [How can we buy home from your company?](https://www.cambridgecap.com/blog/faq-items/title/) - Curabitur aliquet quam id dui posuere blandit. Nulla quis lorem ut libero malesuada feugiat. Curabitur non nulla sit amet nisl tempus convallis quis ac lectus. Curabitur aliquet quam id dui posuere blandit. Proin eget tortor risus. Curabitur arcu erat, accumsan id imperdiet et, porttitor at sem. ## Portfolios - [Blue Complex](https://www.cambridgecap.com/portfolio-posts/blue-complex/) - Cras tristique turpis justo, eu consequat sem adipiscing ut. Donec posuere bibendum metus. - [Hill Park Residence](https://www.cambridgecap.com/portfolio-posts/hill-park-residence/) - Cras tristique turpis justo, eu consequat sem adipiscing ut. Donec posuere bibendum metus. - [Millano Complex](https://www.cambridgecap.com/portfolio-posts/millano-complex/) - Cras tristique turpis justo, eu consequat sem adipiscing ut. Donec posuere bibendum metus. - [Beshkin Facilities](https://www.cambridgecap.com/portfolio-posts/beshkin-facilities/) - Cras tristique turpis justo, eu consequat sem adipiscing ut. Donec posuere bibendum metus. - [App Design Co](https://www.cambridgecap.com/portfolio-posts/app-design-co/) - Cras tristique turpis justo, eu consequat sem adipiscing ut. Donec posuere bibendum metus. - [Olivera Theater](https://www.cambridgecap.com/portfolio-posts/olivera-theater/) - Cras tristique turpis justo, eu consequat sem adipiscing ut. Donec posuere bibendum metus. Quisque gravida luctus volutpat. - [Veniz Wonders](https://www.cambridgecap.com/portfolio-posts/veniz-wonders/) - Cras tristique turpis justo, eu consequat sem adipiscing ut. Donec posuere bibendum metus. - [Spradon Quartz](https://www.cambridgecap.com/portfolio-posts/spradon-quartz/) - Cras tristique turpis justo, eu consequat sem adipiscing ut. Donec posuere bibendum metus. Quisque gravida luctus volutpat. ## Testimonials - [Mark Weldler](https://www.cambridgecap.com/blog/testimonial/1057/) - [Ben Klein](https://www.cambridgecap.com/blog/testimonial/ben-klein/) - [Hymie Barber](https://www.cambridgecap.com/blog/testimonial/hymie-barber/) - [Richard Blaylock](https://www.cambridgecap.com/blog/testimonial/richard-blaylock/) - [Ben Firestone](https://www.cambridgecap.com/blog/testimonial/ben-firestone/) - [Michael Stein](https://www.cambridgecap.com/blog/testimonial/michael-stein/) - [Avrum Weinfeld](https://www.cambridgecap.com/blog/testimonial/avrum-weinfeld/) - [Jacob Gehl](https://www.cambridgecap.com/blog/testimonial/jacob-gehl/) - [Lawrence Yablong](https://www.cambridgecap.com/blog/testimonial/lawrence-yablong/) - [Richard Lynn](https://www.cambridgecap.com/blog/testimonial/richard-lynn/) - [Arnie Goldberg](https://www.cambridgecap.com/blog/testimonial/arnie-goldberg/) - [Josh Jandris](https://www.cambridgecap.com/blog/testimonial/josh-jandris/) - [Manny Binstock](https://www.cambridgecap.com/blog/testimonial/manny-binstock/) - [Gary Riffe](https://www.cambridgecap.com/blog/testimonial/gary-riffe/) - [Paresh Vipani](https://www.cambridgecap.com/blog/testimonial/paresh-vipani/) - [Andrew Delman](https://www.cambridgecap.com/blog/testimonial/andrew-delman/) - [Mark Myers](https://www.cambridgecap.com/blog/testimonial/mark-myers/) - [Daniel Maguire](https://www.cambridgecap.com/blog/testimonial/daniel-maguire/) - [Tom O'Niones](https://www.cambridgecap.com/blog/testimonial/tom-oniones/) - [Eric Rothner](https://www.cambridgecap.com/blog/testimonial/eric-rothner/) ## Categories - [HUD](https://www.cambridgecap.com/blog/category/hud/) - [Cambridge News](https://www.cambridgecap.com/blog/category/cambridge-news/) ## Tags - [closing](https://www.cambridgecap.com/blog/tag/closing/) - [alden](https://www.cambridgecap.com/blog/tag/alden/) - [Alden princeton](https://www.cambridgecap.com/blog/tag/alden-princeton/) - [alden town manor](https://www.cambridgecap.com/blog/tag/alden-town-manor/) - [223(a)(7)](https://www.cambridgecap.com/blog/tag/223a7/) - [Alden Estates of Northmoor](https://www.cambridgecap.com/blog/tag/alden-estates-of-northmoor/) - [Cambridge](https://www.cambridgecap.com/blog/tag/cambridge/) - [finding capital](https://www.cambridgecap.com/blog/tag/finding-capital/) - [Cambridge Realty Capital Companies](https://www.cambridgecap.com/blog/tag/cambridge-realty-capital-companies/) - [experienced capital partner](https://www.cambridgecap.com/blog/tag/experienced-capital-partner/) - [savvy investor](https://www.cambridgecap.com/blog/tag/savvy-investor/) - [senior housing](https://www.cambridgecap.com/blog/tag/senior-housing/) - [baby boomer](https://www.cambridgecap.com/blog/tag/baby-boomer/) - [financing](https://www.cambridgecap.com/blog/tag/financing/) - [debt financing](https://www.cambridgecap.com/blog/tag/debt-financing/) - [pandemic](https://www.cambridgecap.com/blog/tag/pandemic/) - [The Ponds of Wealshire](https://www.cambridgecap.com/blog/tag/the-ponds-of-wealshire/) - [HUD](https://www.cambridgecap.com/blog/tag/hud/) - [Pontiac](https://www.cambridgecap.com/blog/tag/pontiac/) - [trust](https://www.cambridgecap.com/blog/tag/trust/) - [candor](https://www.cambridgecap.com/blog/tag/candor/) - [long-term relationship](https://www.cambridgecap.com/blog/tag/long-term-relationship/) - [respect](https://www.cambridgecap.com/blog/tag/respect/) - [Continuing Healthcare of Milan](https://www.cambridgecap.com/blog/tag/continuing-healthcare-of-milan/) - [Jeffrey Davis](https://www.cambridgecap.com/blog/tag/jeffrey-davis/) - [Springfield Supportive Living](https://www.cambridgecap.com/blog/tag/springfield-supportive-living/) - [The New Homestead](https://www.cambridgecap.com/blog/tag/the-new-homestead/) - [HUD 232/223(f)](https://www.cambridgecap.com/blog/tag/hud-232-223f/) - [Medicaid](https://www.cambridgecap.com/blog/tag/medicaid/) - [The Views at Marion](https://www.cambridgecap.com/blog/tag/the-views-at-marion/) - [Brent Holman-Gomez](https://www.cambridgecap.com/blog/tag/brent-holman-gomez/) - [Skilled Nursing News](https://www.cambridgecap.com/blog/tag/skilled-nursing-news/) - [NIC](https://www.cambridgecap.com/blog/tag/nic/) - [Zachary Scardina](https://www.cambridgecap.com/blog/tag/zachary-scardina/) - [Hymie Barber](https://www.cambridgecap.com/blog/tag/hymie-barber/) - [NIC Fall Conference 2022](https://www.cambridgecap.com/blog/tag/nic-fall-conference-2022/) - [Operators](https://www.cambridgecap.com/blog/tag/operators/) - [The Views of Burlington](https://www.cambridgecap.com/blog/tag/the-views-of-burlington/) - [Andrew Erkes](https://www.cambridgecap.com/blog/tag/andrew-erkes/) - [Bria of Westmont](https://www.cambridgecap.com/blog/tag/bria-of-westmont/) - [interest rates](https://www.cambridgecap.com/blog/tag/interest-rates/) - [variable-rate loan](https://www.cambridgecap.com/blog/tag/variable-rate-loan/) - [Conventional Loan](https://www.cambridgecap.com/blog/tag/conventional-loan/) - [acquisitions](https://www.cambridgecap.com/blog/tag/acquisitions/) - [tenants](https://www.cambridgecap.com/blog/tag/tenants/) - [refinancing](https://www.cambridgecap.com/blog/tag/refinancing/) - [John Gast](https://www.cambridgecap.com/blog/tag/john-gast/) - [creative](https://www.cambridgecap.com/blog/tag/creative/) - [8 reasons why](https://www.cambridgecap.com/blog/tag/8-reasons-why/) - [investors](https://www.cambridgecap.com/blog/tag/investors/) - [don't wait](https://www.cambridgecap.com/blog/tag/dont-wait/) - [refinance](https://www.cambridgecap.com/blog/tag/refinance/) - [tine is now](https://www.cambridgecap.com/blog/tag/tine-is-now/) - [skilled care facilities](https://www.cambridgecap.com/blog/tag/skilled-care-facilities/) - [casa de flores](https://www.cambridgecap.com/blog/tag/casa-de-flores/) - [Bayside Care Center](https://www.cambridgecap.com/blog/tag/bayside-care-center/) - [early rate lock program](https://www.cambridgecap.com/blog/tag/early-rate-lock-program/) - [Tony Marino](https://www.cambridgecap.com/blog/tag/tony-marino/) - [Aravilla Sarasota](https://www.cambridgecap.com/blog/tag/aravilla-sarasota/) - [cash flow](https://www.cambridgecap.com/blog/tag/cash-flow/) - [contracting](https://www.cambridgecap.com/blog/tag/contracting/) - [staffing](https://www.cambridgecap.com/blog/tag/staffing/) - [lender](https://www.cambridgecap.com/blog/tag/lender/) - [senior living](https://www.cambridgecap.com/blog/tag/senior-living/) - [opportunistic](https://www.cambridgecap.com/blog/tag/opportunistic/) - [HUD 223(f)](https://www.cambridgecap.com/blog/tag/hud-223f/) - [mortgage maturity](https://www.cambridgecap.com/blog/tag/mortgage-maturity/) - [Twilight Haven](https://www.cambridgecap.com/blog/tag/twilight-haven/) - [Algonquin](https://www.cambridgecap.com/blog/tag/algonquin/) - [The Pointe at Eastgate](https://www.cambridgecap.com/blog/tag/the-pointe-at-eastgate/) - [Ohio Health Care Convention](https://www.cambridgecap.com/blog/tag/ohio-health-care-convention/) - [proactive](https://www.cambridgecap.com/blog/tag/proactive/) - [transactions](https://www.cambridgecap.com/blog/tag/transactions/) - [NIC Fall Conference 2024](https://www.cambridgecap.com/blog/tag/nic-fall-conference-2024/) - [Illinois](https://www.cambridgecap.com/blog/tag/illinois/) - [Washington](https://www.cambridgecap.com/blog/tag/washington/) - [Iowa](https://www.cambridgecap.com/blog/tag/iowa/) - [Early Rate Lock](https://www.cambridgecap.com/blog/tag/early-rate-lock/) - [2025 Affordable Assisted Living Coalition (AALC) Conference](https://www.cambridgecap.com/blog/tag/2025-affordable-assisted-living-coalition-aalc-conference/) - [supportive living](https://www.cambridgecap.com/blog/tag/supportive-living/) - [long-term care](https://www.cambridgecap.com/blog/tag/long-term-care/) - [HUD express lane](https://www.cambridgecap.com/blog/tag/hud-express-lane/) - [MIP](https://www.cambridgecap.com/blog/tag/mip/) - [NIC Fall conference 2025](https://www.cambridgecap.com/blog/tag/nic-fall-conference-2025/) - [Andrew Cush](https://www.cambridgecap.com/blog/tag/andrew-cush/) - [HUD 232](https://www.cambridgecap.com/blog/tag/hud-232/) - [eCapWest25](https://www.cambridgecap.com/blog/tag/ecapwest25/) - [Elizabeth Care Center](https://www.cambridgecap.com/blog/tag/elizabeth-care-center/) - [West Virgina](https://www.cambridgecap.com/blog/tag/west-virgina/) - [eCap Healthcare Summit](https://www.cambridgecap.com/blog/tag/ecap-healthcare-summit/) - [Miami](https://www.cambridgecap.com/blog/tag/miami/) - [Networking](https://www.cambridgecap.com/blog/tag/networking/) - [commitment](https://www.cambridgecap.com/blog/tag/commitment/) - [HUD241(a)](https://www.cambridgecap.com/blog/tag/hud241a/) - [The Pointe at Pontiac](https://www.cambridgecap.com/blog/tag/the-pointe-at-pontiac/) - [NIC Spring Conference 2026](https://www.cambridgecap.com/blog/tag/nic-spring-conference-2026/) - [assisted living](https://www.cambridgecap.com/blog/tag/assisted-living/) - [memory care](https://www.cambridgecap.com/blog/tag/memory-care/) - [senior housing finance](https://www.cambridgecap.com/blog/tag/senior-housing-finance/) - [Avalon Memory Care](https://www.cambridgecap.com/blog/tag/avalon-memory-care/) - [Bridge-to-HUD](https://www.cambridgecap.com/blog/tag/bridge-to-hud/) ## Employees Categories - [Cambridge Realty Capital Ltd. of IL](https://www.cambridgecap.com/employees_category/cambridge-realty-capital-ltd-of-il/) - [Leadership](https://www.cambridgecap.com/employees_category/leadership/) - [Originations](https://www.cambridgecap.com/employees_category/originations/) - [Underwriting/Servicing](https://www.cambridgecap.com/employees_category/underwriting-servicing/) - [Administrative](https://www.cambridgecap.com/employees_category/administrative/) ## Faq Categories - [General](https://www.cambridgecap.com/blog/faq_category/general/) - [New Projects](https://www.cambridgecap.com/blog/faq_category/new-projects/) - [Payment](https://www.cambridgecap.com/blog/faq_category/payment/) ## Portfolio Categories - [Architect](https://www.cambridgecap.com/portfolio_category/architect/) - [Complex](https://www.cambridgecap.com/portfolio_category/complex/) - [Interior Design](https://www.cambridgecap.com/portfolio_category/interior-design/) - [Residence](https://www.cambridgecap.com/portfolio_category/residence/) - [Villa](https://www.cambridgecap.com/portfolio_category/villa/)