GreenRock’s debut as a HASC Endorsed Business Partner launches a new mini podcast series focused on endorsed partners. See link below.

HASC this week welcomes its newest Endorsed Business Partner, GreenRock HealthCare Capital. 

Also this week, HASC’s new mini audio podcast series profiling its endorsed partners begins with a focus on GreenRock. Click here to listen.

Bay Area-based GreenRock is a perfect partner to launch the series — their finance method that may not be familiar to facility managers. An eight-minute Q&A gives GreenRock’s Joe Euphrat and Mitch Creem time to lay out the opportunity for those new to the concept.

GreenRock provides up to 30-year financing for most types of health care construction projects and large capital purchases using tax assessment bonds. The firm’s hPACE financing provides funding to help providers enhance campuses with modern, efficient facilities.

GreenRock hPACE provides both for-profit and nonprofit hospitals access to needed capital repaid through a new property tax assessment on the respective owner’s property tax bill. 

Although most nonprofits do not pay property ad valorem taxes, they can pay annual property assessment payments. More than 50 percent of any construction project and a variety of large capital purchases could qualify for GreenRock hPACE financing.

GreenRock will review your CapEx budget or construction budget details at no cost to determine how much of your planned spending will qualify for hPACE financing.

Learn more about GreenRock HealthCare Capital here: www.hasc.org/endorsed-business-partners/greenrock-healthcare-capital

Contact HASC Member Relations & Association Services Director Darryl Sanford for more on HASC’s Endorsed Business Partner program. 

Contact:
Darryl Sanford
(213) 538-0772
dsanford@hasc.org​