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Assisted living: A new avenue for SBA 504 lending

The country’s aging population, increased consumer demands and advances in medical care are driving current trends in suburban medical space development. As a result, we’re seeing an increase in SBA 504 lending for assisted living facilities and owner-occupied medical facilities and there are some common trends emerging.

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Historic Carmel Green Lantern Inn Changes Hands

(English)

“The main reason I bought it was the chance to put my fingerprints on it” Amrish Patel said of his newly purchased Green Lantern Inn in Carmel-by-the-Sea Calif. “We’re making improvements but maintaining its charm.”

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