Opportunities abound in healthcare construction.
Cyan focuses on funding the construction of skilled nursing and assisted living facilities.
Healthcare Construction Loans is another specialty of Cyan Capital Group, especially as it relates to skilled nursing and assisted living facilities. The US Census Bureau estimates that private spending on construction of healthcare facilities in 2009 was over $400 million, and growing.
Why does healthcare construction represent a huge opportunity in 2010 and beyond?
- The graying of the population requires more capital expenditure for assisted living and skilled nursing facilities
- Healthcare reform in America will open up new markets for 30-40 million people who will be joining the ranks of the newly insured.
- The huge difference in the cost of land – much cheaper than in the recent past
- Building material costs have decreased, so construction is less costly
- Construction labor costs have decreased
Contact a Cyan Commercial Mortgage Loan Specialist today at 212-949-4363 to take advantage of the tremendous opportunities in healthcare construction.
