Mr. Kennedy examines how the challenged housing and financial markets of 2008 & 2009 have significantly impacted the financing of new and existing CCRC campuses. He analyzes the risks inherent in certain CCRC business plans and describes how a CCRC can optimally position its financial profile for the long term. Specific examples, including one of the largest bankruptcies in senior living history, will help audience members make more educated decisions on how to most effectively finance and run their operations.

March 22
Indiana Assn. of Homes & Services for the Aging
^{Indianapolis, Ind.}

Mr. Kennedy highlights FHA’s newly streamlined 232 LEAN processing for senior living mortgage insurance. He explains the changes to the financing program and what those changes mean to LSN members, and he details why FHA 232 financing volume has increased dramatically in 2009. This session features a case study on the first FHA LEAN transaction funded in Illinois, a skilled nursing facility in Chicagoland.

March 25
Life Services Network of Illinois
^{Chicago, Ill.}

Nursing facilities are currently being challenged with declining census, diverse competition, a drained real estate market, and other factors. Ms. Hahn and Plante & Moran's Kerrie Denman focus on ideas to financially evaluate and strengthen your facility and its potential growth.

April 19
Aging Services of Michigan
^{Grand Rapids, Mich.}

Senior living providers must make progress to stay viable and cannot always wait out turbulent markets. Mr. Dopoulos explains how “non-traditional” funding sources, including the Department of Housing and Urban Development (HUD/FHA), the Federal Home Loan Bank, Fannie Mae, and options such as bank-qualfied bonds and Build America Bonds can help to finance expansions, renovations, acquisitions or new construction.

May 2010
Aging Services of California
^{Long Beach, Ca.}

Mr. Matt highlights “non-traditional” financing options, including HUD, Fannie Mae, and USDA; summarizes the last year of senior housing mortgage activity; and offers insights into future developments as well as best practices for applicants seeking affordable capital. Attendees will come away with several specific, actionable examples of strategies for efficiently accessing capital through HUD (Sections 232 and 232/223(f) LEAN processing), Fannie Mae, and USDA Business & Industry programs. Case studies will detail the use of these programs.

May 6
Ohio Health Care Association
^{Columbus, Ohio}

Too often, hospital leaders fail to consider the impact of the investment portfolio on new or newly restructured debt. Failure to build a bridge from the liability side to the asset side creates a dangerous disconnect and the potential to violate promises to maintain financial ratios. Mr. Courson and Lancaster Pollard's Tanya Hahn discuss covenants as elements that can help establish an appropriate risk tolerance for a hospital, and explain how debt covenants and the credit profile can be impacted by chasing high returns versus following an investment policy statement designed specifically for the hospital.

May 28
HFMA Western Michigan
^{Mount Pleasant, Mich.}

Mr. Spidel joins Lanny Kope to present the "Intro to Hospital Finance for Trustees" portion of the Western Regional Trustee Symposium's new-trustee workshop. Elements of the credit profile and its impact on access to capital will be discussed along with an introductory-level overview of financing options.

June 9
Western Regional Trustee Symposium
^{Denver, Colo.}

Mr. Lindsay reviews how the capital markets are evolving, and how these changes have impacted what options are available to finance renovations, new construction, acquisitions and refinancing. Topics include both conventional and unconventional strategies as well as the fates of American Recovery and Reinvestment Act provisions, including Build America Bonds, which could be opened up to nonprofit hospitals in 2011.

June 10
Western Regional Trustee Symposium
^{Denver, Colo.}

Mr. Kennedy discusses options that still exist for hospitals to obtain financing for refinance, new construction and renovation projects, bringing clarity to today’s capital markets and offering insight into how the landscape for financing has changed and will continue to change. Case studies will demonstrate how several facilities have used Build America Bonds, mortgage insurance, the Federal Home Loan Bank and other financing strategies to accomplish their projects.

June 16
Indiana Rural Health Association
^{Indianapolis, Ind.}

Too often, hospital leaders fail to consider the impact of the investment portfolio on new or newly restructured debt. Failure to build a bridge from the liability side to the asset side creates a dangerous disconnect and the potential to violate promises to maintain financial ratios. Mr. Courson and Lancaster Pollard's Tanya Hahn discuss covenants as elements that can help establish an appropriate risk tolerance for a hospital, and explain how debt covenants and the credit profile can be impacted by chasing high returns versus following an investment policy statement designed specifically for the hospital. Presented by both an asset management advisor and an investment banker/mortgage banker, both with extensive experience before hospital audiences, this session providers a unique both-sides-of-the-balance-sheet approach to reviewing investment decisions.

June 23
HFMA Annual National Institute
^{Nashville, Tenn.}