Senior Living Financing

Agency financing balance sheet lending.

Senior living financing.

Loans start at just 2 000 000 and up with leverage available up to 80 of the property value. We keep owners and sponsors abreast of financial and operational results with our time tested senior living financial planning and analysis and financial accounting and reporting systems and tools. Up to 80 leverage for profit motivated sponsors 85 for non profit 1 45x minimum debt service coverage ratio. However prices vary per state and so the state averages varied from 2 525 5 745.

Senior living financial planning decades of financial security and know how. We help unlock the full potential of your alf commercial real estate investment with commercial financing options customized around your individual needs investment objectives and property characteristics. In addition refinancing can also be used to remove burdensome or restrictive covenants imposed by the terms of the outstanding debt. Then the borrower pays off the loan with money from the sale of the house.

While those amounts are too high for some seniors to pay out of pocket the good news is that financial assistance insurance payments veterans benefits and more resources are available. We can assist with financing of assisted living homes skilled nursing homes independent living homes and alz homes. Senior housing financing from construction to permanent to make your senior care facility a reality many pieces need to come together. Whatever your senior housing financing needs talk to an alliance representative first you ll be glad you did.

Prices for assisted living and nursing homes vary depending on a number of factors but on average seniors pay 2 000 to 5 000 per month. Commercial mortgage loans are available for both the acquisition and refinance of your assisted living facility alf commercial loan. A bridge loan offers several benefits as the finance company might work with real estate agents and home staging companies to expedite a fast sale at the right price. Alliance business capital offers financing for senior housing properties.

Fha 232 223f assisted living financing highlights. Senior living assisted living social recreational activities and basic health services were priced at 3 600 per month as of 2015. Assumable subject to hud approval. These interest only loans tap into a home s equity to pay senior living expenses until the home sells.

We specialize in bringing together construction financing permanent loan programs and more to help experienced healthcare operators and owners reach their financial goals. Personal savings and investments can provide the money necessary to cover the costs of senior living. The following worksheet may provide some idea of expenses and help with assisted living financial planning.