FOR IMMEDIATE RELEASE
Stephen M. Monroe, Editor
800-248-1668
203-846-6800
Fax: 203-846-8300
pressreleases@levinassociates.com
Norwalk, CT – March 23, 2011 – The SeniorCare Investor is hosting a fast-paced online conference on Thursday, April 14th to discuss developments in the HUD program as well as the impact the Obama administration’s proposal to wind down Fannie Mae and Freddie Mac could have on seniors housing finance. An expert panel of leading industry insiders will analyze the growing backlog for HUD and the potential affect the wind-down proposal could have on the liquidity of the capital markets for seniors housing providers.
The moderator of the conference, Stephen M. Monroe, Editor of The SeniorCare Investor and The Senior Care Acquisition Report, will pose topical questions including: What is going on at HUD with the backlog and will it get straightened out? How long does a borrower really have to wait right now to get funding at HUD? What are the odds that Fannie Mae and Freddie Mac loan volume for seniors housing will start to decline, if at all? Will underwriting criteria change? Will potential higher lending rates at Fannie and Freddie really bring more private capital back into the market? This hand-selected panel of seniors housing experts will address these issues and answer any pressing questions the audience chooses to submit.
The publisher of The SeniorCare Investor, Eleanor B. Meredith, invites you to take part in this online conference entitled, “Fannie, Freddie & HUD: Shifting Political Winds & Seniors Housing Finance.” Included in the Obama administration’s report to Congress was the plan to wind down mortgage giants, Fannie Mae and Freddie Mac, to help bring private capital back to the housing market. The proposed economic policy would make new funding more expensive for borrowers, with the intent to level the playing field with private capital. HUD has been the lender of choice, especially in the skilled nursing market, because there are few financing alternatives and it offers attractive rates and terms. However, the HUD program’s approval wait is almost as long as it was pre-LEAN and the backlog continues to grow. The capital starved seniors housing industry is now coming out of its mini-recession, and the last thing a strengthening market, combined with an aging population, needs right now is for capital sources to dry up. What’s next for the seniors housing and care industry?
This online conference, hosted by The SeniorCare Investor, is expected to generate a stimulating discussion on the latest developments in the HUD program and the impact the wind-down proposal for Fannie Mae and Freddie Mac could have on seniors housing finance. If you’re interested in financing or investing in skilled nursing, assisted living or independent living facilities, you won’t want to miss this fast-paced online conference on Thursday, April 14th at 1:00 pm ET.
The SeniorCare Investor is published by Irving Levin Associates, Inc., founded in 1948 and the leading publisher of newsletters, reports and online data on mergers and acquisitions data in the seniors housing and health care industry.
Please visit https://www.levinassociates.com/110490hous or call 1-800-248-1668 for more information about this interactive conference.
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