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
Long-term care providers increasingly turn to Uncle Sam for a mortgage
By
McKnight's Staff
Jan 31, 2013
With credit from private lenders tight, nursing homes are increasingly turning to the federal government for mortgage loans, according to a Thursday article in the Wall Street Journal.
HUD issues rule to pay partial claims under Section 232 insurance program
By
James M. Berklan
Dec 12, 2012
The Federal Housing Administration has announced the criteria and process by which it will accept and pay partial payment claims under FHA’s Section 232 mortgage insurance contracts, the agency announced...