Assisted Living Construction Loan

1. First Mortgage Bridge Debt

Assisted Living Construction Loan can get up to a combined 85% Loan To Cost

• Loan amounts on the product range from $7 Million to $35 Million
• Closings in under 45 days
• Single digit rates
• 3 years with interest only payments
• This product is perfect for deals that need quick execution and high LTV

2. SBA 504 Loan for Construction Projects

I can finance Green and SBA 504 Loan for Construction Projects up to $45 million. Assisted Living Construction Loan will have blended rates close to 5.5% and not only can we do assisted living projects under this program, we can also do Drug and Alcohol Rehab Facilities, Skilled Nursing Care, Memory Care and many other special purpose properties. Loan to Cost for a Assisted Living Construction Loan can go as high as 85% to 90%! We do this by having a conventional or bridge loan on the first mortgage and the second mortgage is an SBA loan.  With a green project, we can do SBA loans EVEN if you have maxed out your SBA eligibility.

3. Large Assisted Living Construction Loan

For construction deals $50 million and up

We can provide a combination of debt and preferred Equity/Mezzanine up to 85% loan to cost! We can get up to 65% on the first mortgage at rates in the 4’s and do a 20% preferred equity or mezzanine piece to round out the capital stack-supper aggressive financing! In fact, we can do up to 90% LTC for Class A Multi-family in major metros on these larger projects!

Of course we can fund smaller Assisted Living Construction Loan project as well. The key to using me is that I will review the loan for FREE and typically have terms in writing in 48 hours. There is no cost to get an expert second opinion and possibly, approval.