This session was presented in May 2010. Please see the sidebar to download the recording.
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Several options for financing hospital capital projects are set to expire at the end of 2010 and/or were changed in late 2009 to expand their utility. This session will cover Federal Home Loan Bank (FHLB) credit enhancement, Build America Bonds (BAB’s) and Bank-Qualified Bonds. These financing structures have provided hospitals across the country, including those in case studies presented in this session, with the opportunity to finance their growth despite tight credit markets. Further, late 2009 saw changes to the federal hospital mortgage insurance program that now allow hospitals to use the program to refinance debt.
This session will help you:
• Know what to ask about lesser-known ways to pay for renovation, refinance and new construction.
• Compare new financing options by understanding their eligibility requirements, benefits and deadlines.
• Learn how some hospitals can reduce their interest rate by 35% and examine two temporary options that involve local or regional banks.
For more information, contact Matt Sherman at 614-224-8800 or msherman@lancasterpollard.com, or Register Now.
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About the Presenters: Thomas R. Green is CEO of Lancaster Pollard, a leading national investment banking, mortgage banking and financial advisory firm serving hospitals, senior living and affordable housing providers. |
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