Kendall Realty Advisors  Chicago, IL
FHA 242-223(f) Hospital Refinance Loan
FHA 242 Hospital Construction Loan
FHA 242 Healthcare Finance
FHA Hospital Refinance and New Construction
FHA 242/223(f) and FHA 242 Hospital Mortgage Insurance
The FHA 242 new construction and rehab program
is now being used in combination with.
BABS. (Build America Bonds) The municipal borrow receives a 35% interest rebate.
This programs was extended past
the end of 2010

FHA 242 Hospital Lending History

Since 1968 FHA Section 242 Hospital finance has provided for billions of dollars of mortgage financing for
Hospitals. Up to this time the  FHA 242 Mortgage Insurance for Hospitals has been limited to new
construction and substantial rehabilitation properties. Due to the Credit Crisis many  banks and private
lenders are unable to lend. With no private lending alternatives available FHA quickly reacted.

In, 2013 exciting new program, the FHA Section 242-223(f) Hospital Refinance Program. This program
allows thousands of Hospital to refinance tax-exempt municipal bonds and taxable debt using FHA
242/223(f) Mortgage Insurance for replacement Credit Enhancement.
KENDALL REALTY ADVISORS

RESPONSIVE - AGENCY FINANCING EXPERTS
Hospital Refinance Healthcare Loans
FHA 242 - 223(f) Hospital Refinance
KENDALL REALTY ADVISORS
HEALTHCARE SOLUTIONS TEAM
312 FLORENCE AVENUE
EVANSTON, IL 60202
ACUTE CARE AND CRITICAL ACCESS HOSPITALS - FHA 242 or CONVENTIONAL DEBT EQUITY JOINT VENTURES-