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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 a seemingly insatiable appetite for information.
“The market outlook has improved dramatically in recent years. But lenders may still be forced to give borrowers news they’d rather not hear,” he says.
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