HFC’S officers each have over twenty-five years of healthcare banking, finance and legal experience derived from a variety of transactions including: (i) loans from traditional commercial lending sources, (ii) Federally-insured mortgage loans such as HUD Program 232, (iii) taxable and tax-exempt bond financings including fixed rate and variable rate demand bonds (VRDBs), (iv) lease-purchase and sale-leaseback transactions, and (v) equity infusions from venture capital companies and other sources.
Kathleen B. Shields
Company founder and President, Kathleen B. Shields, possesses over thirty years of underwriting experience in the healthcare industry, including ten years as a commercial lender. Her academic achievements include a Bachelor of Arts Degree in Economics (magna cum laude) from Duke University and a Masters Degree in Business Administration from the University of Maryland (College Park). For over twenty years Ms. Shields has specialized in providing financing services to the healthcare and senior living industries, assisting with new construction projects as well as refinancings and project acquisitions. She has been a speaker at numerous seminars and conferences focusing on capital formation for senior living providers including: ALFA, National Health Lawyers, Health Facilities Association of Maryland, VHCA, and the Maryland Association of Certified Public Accountants. She has also served as a visiting lecturer for the Johns Hopkins Masters Program.
Theodore A. Shields
Prior to joining HFC as Vice President-General Counsel in 1995, Theodore A. Shields was engaged in private law practice in the Washington, D.C./Baltimore region for twelve years. For seven years Mr. Shields’ law practice concentrated in public finance and commercial finance transactions. Many of these transactions included hospitals, nursing homes and assisted living facilities. From 1987 to 1994 he served as Bond Counsel to numerous Maryland bond-issuing authorities and represented commercial lenders in real estate as well as lease financings. He has acted as counsel to foreign banks, corporate trustees, and investment banks in taxable and tax-exempt financings involving healthcare facilities located in Maryland, Virginia, Delaware and Pennsylvania. Mr. Shields’ public finance background provides HFC and its clients with expertise in the structuring, negotiating and closing of complex transactions funded by capital markets sources, including private investors. He works alongside the legal counsel for the HFC client assisting with document review and negotiation as well as loan settlement matters. He is a member of the Bar Associations of the State of Maryland and the District of Columbia, and has been a featured speaker for Maryland’s Institute for Continuing Legal Education, MidAtlantic LifeSpan, and Leading Age- Pennsylvania (formerly: PANPHA). He received his BA degree (magna cum laude) from Duke University and his law degree from The George Washington University (Washington, D. C.).
Benjamin B. Shields
Prior to joining HFC as Assistant Vice President, Senior Underwriter in 2015, Benjamin B. Shields was a Commercial Underwriter for BB&T Corporation (Winston-Salem, North Carolina). As a Capital Markets Corporate Banking underwriter at BB&T, he analyzed syndicated credit requests and prepared participant credit packages for large private and publicly traded commercial and industrial clients nationwide. He graduated with distinction from the McIntire School of Commerce at the University of Virginia with concentrations in Real Estate and Management. As HFC’s Assistant Vice President Senior Underwriter, Mr. Shields’ responsibilities include the preparation of Financing Request Packages focusing on credit underwriting, debt affordability analysis, and modeling of financial scenarios and projections. Mr. Shields also serves as a director on the board of the Beacon Institute, the educational affiliate of the Lifespan Network.