Senior housing loans performing, MC says.
The National Investment Center for Seniors Housing and Care, which
posts loan performance data on its Web site, reports that about 99
percent of loans in the seniors housing and long term care industry arc
performing. Performing loans are defined as those not in payment
default, although the category may include loans not in compliance with
non-payment non-payment Noun
failure to pay money owed
non-payment n → Nichtzahlung f, Zahlungsverweigerung f
non-payment n financial covenants.
COPYRIGHT 2000 Non Profit Times Publishing Group
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Reader Opinion