March 2019 Capital Wisdom #3
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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 Realty Capital Companies Managing Director Sampada D’silva.

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Making Conference Calls More Productive is 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 to make telephone conference calls more productive, he suggests.

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Cambridge 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 about supply and demand. It suggests that the supply of available senior housing is relatively equal to the demand. Of course, as demand grows in the next decade, it is expected that developers will be eager to address the void in senior housing. However, none of this worries Cambridge Realty Capital President Jeffrey Davis. He sees things very differently. “We’re very confident about the upcoming year,” he stated.

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Why Jumping Through Hoops Necessary to Obtain Senior Housing/Healthcare 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 demonstrate their credit-worthiness time and again,” says Cambridge Realty Capital Companies Vice President Zach Scardina.

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