Lancaster Pollard

Lancaster Pollard acquired by ORIX USA

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ORIX USA has bought Lancaster Pollard, the companies announced in September.

Lancaster Pollard closes deals

Lancaster Pollard recently closed several transactions.

Lancaster Pollard opens Chicago office

Lancaster Pollard has opened a new office in Chicago, which will be headed by Brett Murphy. He

Jennings receives funding

Lancaster Pollard recently helped Jennings, a nonprofit organization sponsored by the Sisters of the Holy Spirit in Garfield Heights, OH, obtain $28.3 million to refinance existing debt and fund a new construction project.

Lancaster Pollard announces deals

Lancaster Pollard recently helped The Lutheran Care Network refinance a New York facility with a $12.3 million loan. The loan was insured by the FHA Sec. 232/223(f) program.

Lancaster Pollard helps with SNF refinance

Lancaster Pollard announced it has assisted Nevins Nursing & Rehabilitation Center with a refinance of its existing letter of credit debt. It obtained a $6.6 million fixed rate loan.

New construction with FHA financing

New construction with FHA financing

The past several years saw a glut of refinancings in the seniors housing and care sector as providers sought to take advantage of the historically low interest rate environment and lower their debt service

Lancaster Pollard announces transactions

Lancaster Pollard recently closed seven loans for $36.9 million for a public REIT, the firm said.

Howard promoted at Lancaster Pollard

Howard promoted at Lancaster Pollard

Tyler Howard has been promoted to role of communications editor and media relationship manager for Lancaster Pollard.

Lancaster Pollard finances deals

Lancaster Pollard has arranged financing for an Ohio assisted living facility for its expansion and for an Ohio continuing care retirement community.

Lancaster Pollard closes four financing projects

Lancaster Pollard, a provider of financing solutions for healthcare, senior living and housing organizations in Columbus, OH, recently closed four separate deals.

Fall River receives loan with Lancaster Pollard help

Critical access hospital Fall River Health Services recently was able to fund a $6.2 million expansion with a $4 million supplemental FHA loan, Lancaster Pollard announced.

Hemminger promoted at Lancaster Pollard

Hemminger promoted at Lancaster Pollard

Lancaster Pollard has added Kyle Hemminger, a U.S. Army veteran, to its Austin office as vice president.

Lancaster Pollard refinances properties in 5 states

Lancaster Pollard recently took on four separate transactions involving the refinancing of properties in Oregon, Colorado, Kentucky, Indiana and Arkansas.

Goodman joins Lancaster Pollard

Goodman joins Lancaster Pollard

Lancaster Pollard has hired Grant T. Goodman as vice president of the firm's investment banking and mortgage banking office in Los Angeles. He will be responsible for the Nevada and Northern California markets.

Graham begins at Lancaster Pollard

Graham begins at Lancaster Pollard

Lancaster Pollard has hired Stephen F. Graham as managing director of the firm's mergers and acquisitions services. Graham will lead a national effort to expand the firm's sell-side and buy-side services for seniors housing and care properties.

Lancaster Pollard assists in senior housing deals

Lancaster Pollard has announced several senior housing deals, including with Church of Christ Care Center in Michigan.

Challenges looming for AR financing

Challenges looming for AR financing

Senior living providers that use AR financing should be aware that the U.S. Department of Housing and Urban Development (HUD) Sec. 232 program, better known as HUD LEAN, has recently announced substantial changes to loan documents. Among those changes are significant revisions to the accounts receivable financing documents.

Lancaster Pollard helps with $23 million refinancing for AL campus

Lancaster Pollard recently assisted Samaritan Village, a California long-term care community, refinance with $23.3 million to convert a portion of their independent living units into assisted living units. Samaritan Village is operated by Hughson Samaritan Village.

Lancaster Pollard leads in HUD Lean program

Lancaster Pollard generated the largest volume of activity in the U.S. Department of Housing and Urban Development Lean mortgage insurance program for seniors housing, the company announced last week.

Lancaster Pollard announces refinancing for several facilities

Lancaster Pollard has assisted Wilmac Corporation in refinancing $30.8 million for three of its facilities: Attleboro Nursing & Rehabilitation Center, the Brunswick at Attleboro and the Brunswick at Longstown. The facilities offer assisted living and skilled nursing.

Lancaster Pollard releases updated nonprofit guide

Investment group Lancaster Pollard has updated the "Financing Options for Nonprofit Senior Living Organizations" to help senior living providers, the company said.

Capital One, NHI, NorthStar, Lancaster Pollard close deals

Capital One Bank, Lancaster Pollard, Northstar Realty and National Health Investors all announced final transactions for clients.