Swiss Village Is First To Take Advantage Of FHLB’s New Program December 1, 2008 In late October, Lancaster Pollard financed $7 million in tax-exempt bonds enhanced by a direct-pay letter of credit (LOC) for a project being undertaken by Swiss Village, a not-for-profit...
Borrowers Must Manage Debt Proactively In This Difficult Economy December 1, 2008 Many not-for-profit senior living organizations that are tax-exempt bond borrowers have little idea of their obligations to disclose changes in operations to bondholders and, as a...
What M&A Might Look Like Under The New Administration Email this article to a friend Email Editor We take it as a truism that governmental changes to the health care system, real or threatened, cause unease in the health care industry, leading participants to...
New CEO Makes His Mark By Making Deals Email this article to a friend Email Editor The world’s second-largest drug maker, GlaxoSmithKline (NYSE:GSK), acquired a new CEO this year, Andrew Witty. Since coming on board in the second quarter, Mr. Witty’s Glaxo has...
With October’s Drop, Price Levels Should Be At The Bottom For some reason, the month of October is often the most volatile month of the year for the stock market, and 2008 was certainly no exception. The difference, however, is that the level of volatility this past...
Health Care REIT Terminates 29-Property Acquisition As we all know, the seniors housing acquisition market is in a funk. Buyers are waiting for sellers to accept the new market environment, and sellers are clinging to the hopes for a better market with low cap rates...