Acquisition and Refinancing for Senior Living Providers
The current low interest rate environment is the ideal time to expand through acquisition or refinance current debt to help reduce your organization’s operating cost and improve cash flow. In addition, refinancing can also be used to remove burdensome or restrictive covenants imposed by the terms of the outstanding debt.
Lancaster Pollard’s experience financing or refinancing senior-living debt encompasses a variety of funding structures, as shown below. Lancaster Pollard’s knowledge of the HUD/FHA Lean program is unmatched, as we were the #1 HUD Lean Lender in FY 2016 and have been the #1 HUD LEAN Lender from FY 2010 to FY 2016, according to HUD data. Access to the full range of options allows us to multi-track - to constantly monitor the credit markets as we structure the financing and recommend a different financing option if the change will reduce capital costs and/or achieve other key client objectives.
Additionally, Propero® Seniors Housing Equity Fund is a private equity fund established by Lancaster Pollard to invest in seniors housing properties including independent living, assisted living, memory care and skilled nursing. The fund seeks to be the sole owner of each property and utilize a triple-net lease structure. We use the fund to partner with best-in-class operators of any scale to finance the acquisition of these property types.
Lancaster Pollard also has the unique ability to evaluate a transaction from both the seller’s and buyer’s perspective, and we thoroughly understand the factors that drive valuation. Please visit our M&A Services page for more information.
Additional information about Lancaster Pollard's platform of services: