Eligible Properties:
Senior Housing/Long Term Care and Skilled Nursing Care Properties

FHA, HUD, Fannie Mae, Conduit and Conventional Financing Available

Skilled and Intermediate Care
Assisted Living Facilities
Congregate Care Facilities
Board and Care Facilities
Rehab Centers
Other Special Purpose Facilities

Eligible Property Locations:
Nationwide.

Loan Size:
$3 Million - $50 Million; will also consider larger portfolio transactions.

Highlights:
Construction and permanent financing available.
Up to 90% LTV on construction and permanent financing.
Permanent rate is locked prior to Construction Loan closing on FHA programs;
85% LTV or purchase price for existing refinancing under FHA programs;
90% LTC and 90% LTV for new construction and acquisition/rehab on FHA programs, up to 100% for rehab/expansion of existing property;
Multi-facility below market portfolio financing;
Non-recourse subject to standard carve-outs.

Required Documentation:
2 years operating history on the subject property
Detailed description of the level of care being provided
Resume on management company
Financial information on sponsorship
Use of funds statement
Current Appraisal or Market Study if available