News

Obligated Groups: When Breaking Up Is Right For Your Nonprofit
8/20/2014

Obligated Groups: When Breaking Up Is Right For Your Nonprofit

Unlike the Neil Sadaka classic ‘50s do-wop ditty, breaking up could be just the thing for a hospital’s or senior living provider’s obligated group.

Moderate Rehabilitation with Fannie Mae: An Opportune Financing Option
8/17/2014

Moderate Rehabilitation with Fannie Mae: An Opportune Financing Option

Like everything in life, we want choices. Affordable housing developers are no different—particularly, when it comes to finding a permanent financing solution to pair with low-income housing tax credits (LIHTCs).

9/8/2013

Funding the Future

The September/October issue of Senior Living Executive highlights, “Funding the Future.”  The article discusses how favorable investment metrics bring more capital sources to providers’ front doors and features Lancaster Pollard Senior Managing Director Brian Pollard as an industry expert.

7/22/2013

HUD financing isn’t just for for-profit companies

Steve Kennedy does the top 10 countdown on why nonprofit senior living providers should consider using HUD financing. Reprinted with permission from Seniors Housing Business, a France Media publication.


6/24/2013

New Capital Acquisition Strategies in the Post-Recession Era

The financial playing field has seen drastic changes since the credit meltdown in 2008. Vice President Quintin Harris discusses in Becker's Hospital Review the changes and trends featured in  Lancaster Pollard's recently released hospital financing guides.

6/18/2013

Common sense needed in healthcare financing

As reported in Fierce Health Finance, Gerald M. Swiacki, a senior vice president with Lancaster Pollard, discussed the options hospitals and other healthcare enterprises have at the 2013 Healthcare Financial Management Association's annual national institute in Orlando, Fla., in June.

6/4/2013

Lancaster Pollard Updates Financing Options Guides for Nonprofit Hospitals and Senior Living Providers

Although the credit crisis following the Great Recession appears to have abated, many hospitals and seniors housing and care facilities continue to have difficulty funding capital projects at a reasonable cost. To help executives and board members of nonprofit hospital and senior living organizations understand their funding options for new construction, renovation, refinancing or acquisitions, Lancaster Pollard has updated its financing guides or white papers for these providers.

A RAD Plan To Preserve Affordable Housing
4/13/2013

A RAD Plan To Preserve Affordable Housing

The preservation and improvement of the nation’s affordable rental housing stock is a goal perennially at the forefront of the affordable housing industry. According to recent HUD estimates, the public housing supply has a backlog of at least $25.6 billion in unmet capital needs. In this era of sequesters, budget cuts and austerity, it can be extremely difficult to find the funding necessary to meet those needs. Enter the U.S. Department of Housing and Urban Development’s (HUD) budget-neutral Rental Assistance Demonstration (RAD) program.

4/1/2013

Development Strategies: Expand, Build or Buy?

Senior Living Business Interactive panel, including Lancaster Pollard's Chief Credit Officer Nick Gesue, discuss current development strategies for senior living providers. This feature article summaries the panel discussion that focused on strategy, deciding whether to expand, build or buy and how to finance it.

3/19/2013

Lancaster Pollard Completes $54 Million Refunding-Financing for Ohio Hospital

Lancaster Pollard, a national financial services firm headquartered in Columbus, Ohio, that provides capital funding to health care, senior living and housing providers, recently closed on a $54 million refunding and financing for Wood County Hospital in Bowling Green, according to Kass Matt, senior vice president and regional manager. The firm was responsible for underwriting the bond offering.