top of page

Healthcare Facility Substantial Rehabilitation Loans
Loan Details
-
Lesser of: 90% Loan-to-Cost or 80% for SNF or 75% for ALF, of Value
-
Interest-only construction loan that automatically converts to 40-year permanent financing
-
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 Yield
-
No personal liability (non-recourse)
-
Negotiable pre-payment terms
-
1:45 Minimum Debt Service Coverage
-
This loan is always assumable
-
Third-party expenses and loan costs are financeable
bottom of page