Equity and Debt Financing Capabilities

As of December 31, 2016, the combined net worth of the Landmark Fund and Landmark Facilities was $259.7 million, the combined cash and cash equivalent position of the two Landmark companies was $33.7 million.  As of June 30, 2017, the market value of the 27 outpatient buildings that comprise the healthcare real estate portfolio of the Landmark Fund was $1.04 billion. The Landmark Fund is the largest independent portfolio of outpatient buildings in the United States.

Landmark is in a position to self-fund all the outpatient buildings Landmark is selected to develop and own.

With Landmark as the full-service developer and owner, the same principals who provide all the professional services that are required to achieve successful development also provide all the capital that is required to fund development and construction.

More than $1.5 Billion of Equity and Debt Financing
During recent years, Landmark provided more than $1.5 billion of equity and debt financing to fund the development and construction of the outpatient buildings Landmark was selected to develop and own.

During recent years, Landmark provided more than $1.5 billion of equity and debt financing to fund the development and construction of the outpatient buildings Landmark was selected to develop and own.

Source of Funds for Outpatient Buildings Under the Ownership of Landmark 
Landmark finances the outpatient buildings Landmark is selected to develop and own with an equity investment equal to 25 percent and debt financing equal to 75 percent of capital costs.

Landmark provides the 25 percent equity investment and obtains the 75 percent debt financing from leading insurance companies, commercial and investment banks and other institutional leaders.

Debt Financing Sources of Landmark
The debt financing Landmark provided to fund the development and construction and acquisition of outpatient buildings during recent years was obtained from the 15 commercial banks and insurance companies that are listed below. 

  • Capital One
    McLean, Virginia
  • U.S. Bank
    Minneapolis, Minnesota
  • Regions Bank
    Birmingham, Alabama
  • KeyBank [ Key Healthcare Finance ]
    Cleveland, Ohio
  • Synovus Bank
    Columbia, Georgia
  • Comerica Bank
    Detroit, Michigan
  • Teachers Insurance and Annuity
    Association of America
    New York, New York
  • Camden National Bank
    Camden, Maine
  • Thrivent Financial
    Minneapolis, Minnesota
  • American Equity Life
    West Des Moines, Iowa
  • Aviva Life and Annuity
    West Des Moines, Iowa
  • PHL Variable Insurance
    Hartford, Connecticut
  • Phoenix Home Life
    Hartford, Connecticut
  • IberiaBank Corporation
    Lafayette, Louisiana
  • Country Insurance & Financial Services
    Bloomington, Illinois

During the second half of 2017 and in future years, Landmark expects to receive numerous commitments for debt financing from the commercial banks and insurance companies that are listed above.

©2017 Landmark Healthcare Facilities LLC