Alan Wynne, a Member of the Firm in the Corporate Services and Health Care and Life Sciences practices, in Atlanta, wrote an article titled "Rx for Success: Securing Loans with Hospital Real Estate."
Following is an excerpt:
Hospitals are as complex as the bodies they heal. Like the human body, hospitals consist of series of interwoven processes, nerve centers, and relationships—each of which af hospitals create unique issues which must be considered and appropriately addressed in financing transactions. This article will first briefly explain the recent trend of hospital consolidations, then examine some of the factors that make financing hospital transactions so complex, and finally address specific title, environmental, and zoning issues which lenders frequently encounter when securing their loans with the real estate assets of hospitals.
The attached file is used with permission from Real Estate Finance Journal.