Assisted Living / Skilled Nursing
New Construction / Substantial Rehabilitation
- 83% Loan-to-Cost
- 40 Year amortization
- 40 Year Term (no balloon)
- No maximum loan amount
- Low, fixed interest rate, based on market spreads over the Ten Year Treasury
- No personal liability (non-recourse)
- Negotiable pre-payment terms
- 1:35 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are financeable
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. Contact us for detailed information or a specific quote on a project.
Acquisition
- 83% Loan-to-Value
- 35 Year amortization
- 35 Year Term (no balloon)
- No maximum loan amount
- Low, fixed interest rate, based on market spreads over the Ten Year Treasury
- No personal liability (non-recourse)
- Negotiable pre-payment terms
- 1:35 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are financeable
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. Contact us for detailed information or a specific quote on a project.
Refinance
- 83% Loan-to-Value, no cash out
- 35 Year amortization
- 35 Year Term (no balloon)
- No maximum loan amount
- Low, fixed interest rate, based on market spreads over the Ten Year Treasury
- No personal liability (non-recourse)
- Negotiable pre-payment terms
- 1:35 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are financeable
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. Contact us for detailed information or a specific quote on a project.