Independent Living Facilities

Delivering customized bridge and permanent loan solutions for Owners and Operators of Independent Living Facilities

Independent Living Facilities - Loan Programs

Independent living or independent living communities represent a form of age-restricted housing, typically catering to older adults 55-60 years plus. As the name suggests, independent living focuses on enabling seniors to thrive independently, while offering a variety of social programs and social opportunities.

The silver tsunami is here, creating a tidal wave in seniors housing and the senior living markets, which means the demand for age-restricted housing like independent living will only continue to increase.

With 18 years’ experience, Wilshire Finance Partners invests in independent living owners and operators, providing fast and flexible debt capital from $1 million to $10 million nationwide.

If you are interested in a bridge loan for assisted living, age-restricted housing, or independent living, read more about Wilshire’s capital solutions below.

Contact us today for a personalized quote or call us at (866) 575-5070 if you have any questions.

Bridge Loans

Loan Amount
$1,000,000 to $10,000,000
Term
Up to 5 Years
Rate
Fixed or Variable
Loan-To-Cost (LTC)
Up to 70%
Loan-To-Value "Stabilized" (SLTV)
Up to 65%
Purpose
Purchase, Rate and Term Refinance, Cash Out Refinance
Geographic Location
Nationwide
Recourse
Case by Case

Second Lien

Loan Amount
$500,000 to $3,000,000
Term
Up to 3 Years
Rate
Fixed
Loan-To-Cost (LTC)
Up to 80%
Loan-To-Value "Stabilized" (SLTV)
Up to 65%
Purpose
Purchase, Rate and Term Refinance
Geographic Location
Nationwide
Recourse
Required

Hybrid Equity / Participating Loan

Loan Amount
$500,000 to $3,000,000
Term
Up to 3 Years
Rate
Fixed
Loan-To-Cost (LTC)
Up to 85%
Loan-To-Value "Stabilized" (SLTV)
Up to 65%
Purpose
Purchase, Rate and Term Refinance
Geographic Location
Nationwide
Recourse
Required

Mezzanine Debt

Loan Amount
$1,000,000 to $10,000,000
Term
Up to 5 Years
Rate
Fixed or Variable
Loan-To-Cost (LTC)
Up to 70%
Loan-To-Value "Stabilized" (SLTV)
Up to 65%
Purpose
Purchase, Rate and Term Refinance, Cash Out Refinance
Geographic Location
Nationwide
Recourse
Case by Case

Representative Transactions

Property Type:

Independent Living Facility

Loan Amount:

$2.8M

Loan Purpose:

Purchase

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