For Customers

Healthcare represents the single largest industry in the United States, accounting for approximately 16.5% of U.S. gross domestic product, and has been growing at a rate faster than the overall economy. Since the 1960s, healthcare spending in the United States has grown at an average rate of 10% a year, according to Centers for Medicare and Medicaid Services (CMS), with total U.S. healthcare expenditures projected to increase from $2.17 trillion in 2006 to $2.88 trillion in 2010.

The delivery of healthcare services requires real estate and, consequently, healthcare providers to depend on real estate to maintain and grow their businesses. The healthcare real estate market opportunity is growing in part as a result of an aging population that is driving the demand for healthcare services. Senior citizens are the largest consumers of healthcare services. According to CMS, on a per capita basis, the 75 years and older segment of the population spends 75% more on healthcare than the 65 to 74-year-old segment and nearly 300% more than the population average.

To satisfy this growing demand for healthcare services, a significant amount of new construction of healthcare facilities has been undertaken, and we expect significant construction of additional healthcare facilities in the future. Our Manager, CIT Healthcare LLC, has a leadership team with extensive experience in addressing the capital requirements and advisory service needs of the healthcare marketplace, and offers a full suite of customized, flexible healthcare financing solutions including:

Real Estate Acquisition, including sale-leaseback under long-term triple net leases
First Mortgage Loans
Mezzanine Loans
Subordinate Interests in Whole Loans (B Notes)
Construction Loans
Participating Debt/Preferred Equity
Non-real estate related Commercial Finance

To explore your company's financing needs, please contact either Adam Sherman at (410) 295-1542 or Kathryn Burton Gray at (917) 679-9982. You may also click on their names to send an e-mail.