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WASHINGTON, DC-The health care real estate asset class has fared better than most over the course of the recession. Lenders are willing to finance not only acquisitions but new construction as well, and at relatively reasonable terms, say participants at this year’s NIC conference, which is being held in Washington, DC this week. “We are seeing activity at all levels of the banking spectrum,” said Nancy Herman, principal with Resor Financial Group, during one of the panel sessions. “Everyone from community banks to the large money banks.” The latter, she said, not surprisingly tend to offer the most sophisticated deal structures and large-sized transactions. “However we also see community banks do large sized loans as well,” in some cases as high as $25 million. Resor, she added, even sees a healthy level of construction finance available for health care facilities both in the private sector and from the GSEs.

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