SOME REITs AND FINANCE COMPANIES ARE, BUT NOT MANY BANKS, NIC PANEL SAYS
By Murray W. Wolf
A discussion of debt financing during last month’s NIC conference featured (from left to right) Brian Beckwith of GE
Capital, Patrick Hurst of Houlihan Lokey, Ray Lewis of Ventas Inc. and Joe Resor of Resor Financial Group.
Photo courtesy of NIC/jvinfante photography
In this, our final article from the 19th Annual NIC Conference, we explore trends in obtaining financing from REITs and conventional lenders.
What is the lending environment like for senior living developers and investors who don’t necessarily want to use one of the federal agencies or programs? It remains difficult but it is getting better, according to panelists who spoke during the National Investment Center for the Seniors Housing & Care Industry (NIC) conference last month in Chicago.
A discussion titled, “Debt Financing: The Real Deal, Part 2 – REITs and Conventional Lenders” delved into the lending environment for private and commercial lenders, including real estate investment trusts (REITs), credit companies, and regional and national banks.
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