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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.
Jeffrey A. Davis, chairman of Chicago-based Cambridge Realty Capital Companies, observes that financing for healthcare providers will continue to be limited over the next 24 months, with local banks and HUD the primary sources for funding.
By necessity, Davis believes healthcare borrowers must focus on operations and on improved communications with lenders.
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