Hospital Refinance Lender

Hospital Refinance Lender
FHA 242 FHA 242/223(f) Hospital Refinance - Healthcare Loans

Monday, January 4, 2010

FHA 242 New Construction and Build America Bonds

Municipal Hospitals may now use Build America Bonds (BABS) for new construction and rehab of hospitals.

The first FHA 242 BABS deal has been closed and with the 35% interest rate rebate from the BABS bonds the hospital was able to borrow at an effective rate under 4% fixed for 25 years.

Contact Kendall Realty Advisors at (847) 903-7578 for more information.

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