News

10/18/2017

Lancaster Pollard Remains Leader in Seniors Housing Lending Activity

The U.S. Department of Housing and Urban Development (HUD) recently released production data for its Lean mortgage insurance program, which finances seniors housing properties, for the fiscal year ending Sept. 30, 2017. Over the course of the fiscal year, the program closed $3.4 billion of loan volume, an increase of 20% as compared to 2016. Lancaster Pollard led all lenders in transactions closed and total loan amount, at 79 and $769.3 million respectively.