GE Capital Commits Over $925MM in Healthcare Financing in 2012
GE Capital, Healthcare Financial Services announced it has committed over $925 million in financing for healthcare facilities year-to-date.
As a leading lender to the broader U.S. healthcare middle-market, GE Capital, Healthcare Financial Services serves customers in over 45 sub-sectors including healthcare services, pharmaceuticals, medical devices, medical office buildings and senior housing.
“With an uncertain economic environment, and an ongoing healthcare reform debate, it’s more critical than ever for healthcare facilities owners and operators to have a lender who knows the industry and has a strong balance sheet to support their needs,” said James Seymour, senior managing director of GE Capital, Healthcare Financial Services’ real estate financing team. “Throughout the year, our team has provided critical financing for customers in sectors with good economic fundamentals such as skilled nursing, assisted living and medical properties to support mergers and acquisitions, fund ongoing working capital needs and successfully meet long-term objectives.”
In 2012, the GE Capital, Healthcare Financial Services’ team closed a variety of financings ranging from single asset loans to highly structured portfolio transactions across multiple facility types. Recent examples include:
“Our pipeline is strong as we continue into the remainder of the year and we look forward to continuing to provide the capital and knowledge on which our customers rely,” said Seymour.