The Office of Hospital Facilities (OHF), a division of the U.S.
Department of Housing and Urban Development (HUD), announced the
issuance of a new final rule that revises the regulations governing the
Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage
Insurance Program. This new rule implements FHA's authority to finance
hospital acquisitions and to refinance the capital debt of hospitals
that do not have FHA-insured mortgages, without requiring substantial
construction or rehabilitation. The final rule will be officially
published in the Federal Register on February 5, 2013. LINK
Call 773-259-7074 Chuck Kendall to refinance
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Commercial Mortgage Chicago Nationally, Work with the most responsive FHA 232 and Apartment Lending teams, KENDALL REALTY ADVISORS have spent over twenty five years each, lending on Apartments and Healthcare properites using FHA and FNMA programs - Kendall Realty Advisors LLC WWW.KENDALLREALTYADVSISORS.COM - WWW.FHA232LEANLENDER.COM
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About Us:
Our knowledgeable team has worked in the mortgage banking/investment banking industry for the past 24 years specializing in healthcare lending, multifamily housing, and FHA- and FNMA-insured loans. Throughout our careers, we have originated and/or underwritten in excess of $745,000,000 in mortgage loans with a focus on apartments, acute care hospitals, assisted living facilities, senior housing, and skilled nursing facilities. Previously our team has worked for several NY-based investment banking/mortgage banking firm specializing in conventional and government-assisted loans. Prior to KENDALL REALTY ADVISORS, Chuck has been president of a FHA mortgage company and a developer. Prior to forming KENDALL REALTY ADVISORS Scott has been a VP of origination for FHA and FNMA Lenders. He has extensive experience working on affordable housing as the Midwest Loan Officer for FNMA Multifamily Affordable Housing Products. We understand that the integrity of the loan officer for the loan quote and rate pricing can make a huge difference for FHA clients.