Hospitals and related medical facilities differ from Medical Office facilities, in that there are rooms with beds for potential medical stays. Hospitals as operating businesses have higher operating costs than many other property types, and their underwriting is not a fit for more traditional lenders.
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What is the right time to seek out financing for a commercial real estate project? What documents will you need ready? Here we’ll cover the items you need to have ready in order to line up financing quotes from lenders.