The Capital Issue

June-July 2013

It’s been said that time is not measured by a clock but by moments.

For all of us at Lancaster Pollard, as we celebrate our 25th anniversary, those moments have been shared with our clients as we helped them to grow and improve their services and further their missions by providing financing solutions and investment advisory services. Over the years we’ve established strong connections with providers and developers across the country as we grew from one to six offices.

Our goal since our founding in 1988 has been to provide unlimited customer service—of going that extra mile to get it right. Our longevity as a business has been because of our clients. They are at the center of all that we do. We’ve succeeded because we’ve helped them to succeed.

Now, that’s something to celebrate.

As always, if you have any questions about any of the articles in this edition of The Capital Issue, please reach out to the authors by email or phone.

Tom Green, CEO

Connectivity: Integrating Seniors into the Community
6/20/2013

Connectivity: Integrating Seniors into the Community

Connectivity is one of those buzzwords that can quickly erode into an obvious generality.

In today’s world of Wi-Fi and smartphones, of course, we are immersed in connectivity. However, the word takes on greater significance when viewed through the prism of physical life and one’s place within the community. 

Smart Moves: How Hospitals Manage Risk When Borrowing
6/19/2013

Smart Moves: How Hospitals Manage Risk When Borrowing

In an uncertain world, managing financial risk is essential for any business.

This is especially true today for health care organizations. Hospital leaders have to deal with managing a multitude of risks, such as clinical outcomes, reimbursement cuts, regulatory requirements, competing hospitals and more.

HUD LEAN Program Changes: What You Need To Know
6/18/2013

HUD LEAN Program Changes: What You Need To Know

It’s been said that change is inevitable and your ability to adapt determines your level of success. True for both individuals and organizations, so keep this axiom in mind when reading this article.

Case in Point: Immediate Funding Available with Fannie Mae
6/17/2013

Case in Point: Immediate Funding Available with Fannie Mae

Fannie Mae provides financing for a wide spectrum of the multifamily market, including conventional, rent restricted, cooperatives, seniors, student housing and manufactured housing communities. For affordable housing developers seeking a versatile and timely financing option, Fannie Mae’s Multifamily Affordable Housing Finance program may be a good fit. The program is designed to provide financing for affordable multifamily apartments with low income housing tax credits (LIHTCs), Sec. 8 and income- or rent-restrictions.

Investment Oversight: Board Performance as an Indicator of Mission Success
6/16/2013

Investment Oversight: Board Performance as an Indicator of Mission Success

A nonprofit's board has ultimate responsibility and accountability to its constituents for the organization's actions. Each board member has a fiduciary duty to ensure that the board acts in the organization's best interests and works to fulfill the nonprofit's tax-exempt mission.