Senior Housing and Care

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Deeper Due Diligence in Property Acquisitions

July 01, 2001

When acquiring a seniors housing or long-term care property, investors and lenders routinely conduct a thorough financial analysis of operations. Yet, where legal matters are concerned, due diligence is often confined to mundane tasks like checking whether the acquisition target is qualified to do business, or if there is a board resolution authorizing the transaction.  A more thorough due diligence process may reveal potential legal liabilities and operational risks that you may be assuming assoon as the deal closes.

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Paul Gordon

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