Bridge Loan Criteria
Our Assisted Living financing options include:
Loan Purpose:
- Purchase
- Rate & Term Refinance
- Cash-Out Refinance
Target:
- $1,000,000 minimum (Outside of California)
Loan amounts up to $7,000,000 (Higher by Exception)
States:
- Nationwide
Structure:
- Underwriting Focus includes Sponsor Experience & Financial Strength
- First Lien, Second Lien, Participating Loans
- 12 to 36 Month Term
- Fixed-Rate, Interest Only
- Balloon at Maturity
- No Prepayment Penalty
Requirements:
- Facilities with 30 to over 200 beds
- Recourse Required
- Primary & Secondary Markets