Leumi has a basis in social and political history that few other business institutions can match. The bank was founded in 1902 as the Anglo-Palestine Co. in London, intended to be the financing arm of the Zionist Organization seeking to establish a home for Jews in the Middle East.
Industry Voices
Love Funding has been lending for over 30 years, but the past eight have marked a shift. FHA and HUD lending has always been a hallmark of the company, which offers refinance, construction and acquisition financing programs for multifamily and affordable housing, as well as senior housing/healthcare facilities and hospitals. But in 2007, the company decided to play to their strength and focus solely on government-backed loans.
What began as a daunting, seven-month strategic planning process for David Schless, president of the American Seniors Housing Association (ASHA), turned out to be an “incredibly rewarding” experience for him. More importantly, the newly unveiled five-year strategic plan will position ASHA for even greater effectiveness in the long run, says the veteran executive.
Many appraisal districts across the country will re-start the appraisal process on all properties in their respective locations at the start of the new year. A vast majority of these appraisers are trained to value the most common property types in their jurisdictions such as office, multi-family, retail, etc.; however, the seniors living valuation methodologies are not part of the appraisal district’s strong suit. Inaccurate property valuations result when districts are unfamiliar with the senior housing market overall. The more services offered at these facilities unrelated to real estate often …
Maintaining viable health under increasing pressures By Martin Cauz Nursing care facilities need to have the necessary human and financial capital to deliver the highest quality of care to residents. To say that nursing care facilities in the United States are currently facing tremendous financial pressures would be an understatement.