10 Shrewd Strategies to Use When Credit is Tight

Recorded Thursday, July 9, 2009

The capital market for seniors housing has come to a screeching halt. That is a real  problem if you are sitting on a maturing balloon payment or facing a covenant default. Perhaps you are anxiously wondering where interest rates are headed. Or you have the opportunity to pounce on a solid investment, but no lender is in sight.

This educational offering has been approved for 1 clock hour by the National Association of Boards of Examiners of Long Term Care Administrators (NAB).

Don’t miss out on this opportunity to learn from our panel of experts who will debate these crucial issues. You will come away with ten shrewd strategies to act upon immediately.

Here’s just some of what you’ll learn during this in-depth, 90-minute webcast from The SeniorCare Investor:

What is the outlook for capital during the next 12 months – for lenders, buyers, sellers, and investors?
Besides HUD, who is actually lending today, and at what rates or terms?
How are maturing balloon payments going to be restructured or refinanced?
What changes should we expect in underwriting criteria?
Plus, a chance to ask the experts your burning questions on the senior care mortgage market


...and much more!

Panel of Experts:

Steve Gilleland, Managing Director of Healthcare Finance for CapitalSource
As Managing Director, Healthcare Development within the Healthcare Real Estate Group at CapitalSource, Mr. Gilleland is responsible for developing financing opportunities for the long-term care industry, directing origination efforts and the initial structuring of transactions. Mr. Gilleland has 16 years of healthcare real estate experience–specifically in the long-term care and senior housing industry–from a lending and operations Read More
Managing Director, Healthcare Finance, CapitalSource
Craig S. Jones
Craig S. Jones became the Chief Executive Officer of Red Capital Advisors, LLC in 2008. He also is a member of RED CAPITAL GROUP’s Executive Committee and previously served as President of RED’s broker-dealer entity, Red Capital Markets, Inc. (MEMBER FINRA/SIPC). He joined RED’s predecessor entity in July 1997 and led the firm to become the top ranked Fannie Mae DUS Lender for Senior’s Housing Product (2003-2005). In his Read More
Chief Executive Officer of Red Capital Advisors, LLC
Mike Monticello is a Managing Director in The PrivateBank's Commercial Banking group. He is responsible for developing relationships and managing a portfolio of commercial clients with a specialty in the Healthcare arena, specifically in skilled nursing and assisted and independent living. He is the day-to-day contact for clients with regards to their credit needs and serves as liaison for their other banking needs. Mike joined The Read More
Managing Director in The PrivateBank's Commercial Banking Group
R. Buford Sears
R. Buford Sears is a Senior Vice President for M&T Bank. Currently, he is the Area Executive for Connecticut, New Jersey, Philadelphia and Tarrytown. In addition, he serves as Senior Health Care Advisor to the Health Care line of business. Buford joined M&T in 1992 as Vice President of Canadian Banking. He has over 16 years’ experience at M&T, ranging from Manager of National Banking to Manager of Health Care to his present Read More
Senior Vice President for M&T Bank
Stephen Monroe
Stephen M. Monroe is a respected and often quoted industry leader. He is the managing editor and partner at Irving Levin Associates, Inc., a research and publishing firm founded in 1948. The firm specializes in the seniors housing and health care investment markets and delivers timely market intelligence to subscribers through financial newsletters, acquisition reports and databases. Mr. Monroe is the editor of The SeniorCare Investor, the Read More
Editor, The SeniorCare Investor