Senior Housing Financing & LENDING PROGRAM DETAILS
Our Senior Housing programs provide financing options for properties that provide Independent Living (IL), Assisted Living (AL), Alzheimer’s/Dementia Care (ALZ), or any combination thereof.
Why works with us:
- Customized and competitive financing solutions
- Multiple Loan Products including Fannie Mae, Freddie Mac, FHA
- Take advantage of our diverse Nationwide Lender Network
- In addition to a wide range of permanent financing options, we can offer several bridge loan options
Our Seniors Housing & Healthcare Financing team has the expertise necessary to provide owner-operators and sponsors with guidance regarding the optimal debt solution for their facilities.
Senior Hoursing Loan Program Eligible Property Types:
- Independent Living
- Assisted Living
- Alzheimer’s Care / Memory Care
- Skilled Nursing & Rehabilitation Centers
START YOUR ONLINE APPLICATION NOW OR CALL +1 (561) 948-0769
SENIOR HOUSING LOAN Details
- Loan Amount: Minimum is $5,000,000, with exceptions on a case-by-case basis
- Loan Term: 5-10 years (up to 30 years for fixed-rate loans)
- Financing Options: Acquisition or refinance loans, bond credit enhancement
- Minimum DSCR: 1.30x for independent living; 1.40x for facilities with an assisted living and/or Alzheimer’s component greater than 50%; coverage for properties contain any skilled nursing component is 1.45x
- Maximum LTV: Maximum 75% of appraised value, maximum of 80% for tax-exempt bond finance transactions
- Rate Structure: Fixed and adjustable rate options available
: Non-recourse with standard exceptions, including for fraud and misrepresentation
Why should you work with commercial finance partners?
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No Upfront Fees
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Purchase, Refinance or Cash Out
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Short and Long-term Financing Options
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Owner Occupied or Investment Properties
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We get Paid at Closing
