Making news: Assisted Living Locators, FastMed Urgent Care, Metro Phoenix Bank

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Assisted Living Locators partners with Rehburg Life Settlements

Assisted Living Locators, a nationwide senior care placement and referral service, announced they’ve partnered with Rehburg Life Settlements, a leading, nationally licensed life settlement brokerage, to provide families with an opportunity to help pay for long term care.

A life insurance settlement is a financial transaction that enables qualified life insurance policy owners to receive a cash payout on their life insurance coverage by selling it to interested buyers.

This first-of-its-kind collaboration offers seniors and their families an alternative funding solution for senior living expenses such as in-home care, assisted living or memory care, according to Assisted Living Locators CEO RN Angela Olea.

“As 10,000 baby boomers turn 65 each day, older Americans face both financial and health care challenges,” Olea stated. “Our local senior care advisors are on the frontlines in their communities every day helping guide families to the right care solution that meets their financial needs. By partnering with Rehburg Life Settlements, we can provide our clients with an important alternative funding solution that can help pay for long term care.”

“According to the Insurance Studies Institute, 500,000 seniors a year lapse their life insurance policies, translating to over $100 billion in policy value,” explained Lisa Rehburg, president of Rehburg Life Insurance Settlements. “That is a lot of potential funds that seniors are giving up, for nothing, each year. Additionally, 90% of seniors who have let a policy lapse would have considered selling it had they known life insurance settlements existed.

FastMed Urgent Care partners with CBRE

FastMed Urgent Care, one of the nation’s largest urgent care providers, announces its partnership with CBRE, the largest U.S. commercial real estate firm, to select high-potential locations for its new clinics, optimize leases, and manage clinic maintenance and upgrades in FastMed’s existing facilities. 

“With 109 existing clinics in three states and ambitious growth plans, FastMed needed a strong real estate partner to help us with site selection, lease negotiation, and clinic construction and maintenance,” said Web Golinkin, CEO of FastMed Urgent Care. “CBRE has the resources and expertise to partner with us in all of these areas as we continue on our mission to provide patients with the best end-to-end healthcare experience in terms of quality, accessibility, affordability and compassion.”  

“The CBRE integrated service platform has been tailor-made for enterprise-wide optimization engagements like the one with FastMed. CBRE sees tremendous opportunity to leverage its strategic technologies, supply chain network, data analytics, and advisory resources to drive a material impact to both the top and bottom lines. Portfolio optimization means different things to different companies,” said Brad Meyer, senior vice president at CBRE. “With our FastMed partnership, it translates to improving the patient experience with existing and new clinics located nearer to their lifestyle patterns, superior facility design and maintenance, and reducing operating expenses to enable valuable investment back into the business.” 

To learn more about FastMed Urgent Care and to find a clinic near you, please visit https://www.fastmed.com/

Metro Phoenix Bank expands outdoor media presence

Metro Phoenix Bank (OTCPink: MPHX) (“MPB”) announced a sizable credit facility to BASS, Ltd., further reinforcing MPB as a national leader in outdoor media lending. BASS, Ltd. (www.bassltd.com), established in 1992, has a prominent presence in Lafayette, Louisiana and the surrounding markets. Their desire to grow operations, convert prime billboards to digital, and refinance debt were collectively the driving factors for BASS, Ltd’s interest in MPB’s Outdoor Media Lending Program.

“All paths led to Metro Phoenix Bank for my billboard lending needs,” said BASS, Ltd. Founder Stephen Sonnier. “MPB not only understands the nuances of outdoor media lending but they were able to finance existing debt into more attractive terms. My firsthand experience with MPB was notable because they offered stellar service, were easy to work with, and got the job done. MPB has a really great team who I know will be there as I continue to grow my billboard portfolio.”

Stephen P. Haggard, President/CEO of Metro Phoenix Bank stated that, “MPB’s lending reach into yet another state is a true testament of our market-leading Outdoor Media Lending Program. There is no doubt that we are making a difference in this industry by providing experienced owner/operators with traditional financing options that were not generally available years ago. Our typical deal size is in the range of $3 to $5 million; however, we provided financing as low as $300,000 and as high as $12 million. Those numbers are meaningful but so are the relationships we are creating within the Outdoor Media industry. We look forward to a longstanding relationship with BASS, Ltd. as they continue to increase their presence in Louisiana.”

About Ranking Arizona

Ranking Arizona is an annual publication that ranks businesses in more than 300 categories based on public voting in the state’s biggest and most comprehensive business opinion poll. Ranking Arizona is based purely on opinion and ranks companies based on how voters answer this simple question: with whom would you recommend doing business? The magazine is published by AZ Big Media. To learn more about Ranking Arizona, contact Sheri King, director of sales.

 

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