Seniors Housing Weekly Market Update

April 5, 2011

60 Seconds With Steve Monroe 
 

April 5, 2011. The financing market has been difficult the past few years, but often it helps to line up your acquisition financing before you have an actual deal. That can often cement the contract and allow you to close faster than other bidders. A case in point follows.

 

Comments

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Not a bad strategy

A great move indeed and they wound up with a quick closing. I think if more buyers act with this type of confidence we will see even more skilled nursing acquisitions than last year. Great post Steve - Norm

Thanks, Norm. I think the

Thanks, Norm. I think the point is that if you have lenders "prepared" in advance and ready to move, buyers will be able to get deals done faster and not have to get extensions to find a new lender. Of course, a good track record helps. Steve

Post new comment

The content of this field is kept private and will not be shown publicly.