Healthcare Facilities Financing:

Loan Amounts from: $1,000,000 - $100,000,000

                                                          

AARCS provides conventional and FHA commercial lending all over Nationwide on loan requests for assisted living facility loans, skilled nursing loans, congregate care loans and acute care hospital loans. Proposed new construction loans or substantial rehabilitation loans of skilled nursing, assisted living and other specialty care facilities.

Borrowers, owners and investors looking to finance that health care real estate have found that perfect location to build senior housing property. AARCS will provide financing on all types of senior housing facilities/properties as well as additions to elderly care properties.

AARCS will work with you to provide the right loan structure for your assisted living facility property whether it is to purchase, refinance, or new construction up to 95% for non profit organizations. Assisted Living facilities must provide proper room, board, and continuous protective oversight.

Please review our senior housing loan and hospital real estate loan financing options below:

Healthcare Facilities Lending:

Property Types:

All Healthcare & Senior Housing, Acute Care, Out-Patient Care, Congregate Care, Assisted Living, Skilled Nursing Carem Facility, Congregate Care, Hospital, Independent Living Facility, Medical Office Clinic, Rehabilitation Center, Retirement Communities

Loan Amounts:

$1M - $100M

Loan Types:

Acquisition, Refinancing, Construction, Bridge, Mezzanine
Fannie Mae, FHA Lean, CMBS

Terms:

3, 5, 7, 10, 15 or 20 Years

Amortization:

15 - 30 Years

Minimum DSCR:

1.25% - 1.40%

Maximum LTV:

75% - 80%; Seller Carry Back Allow

Recourse:

Full-Recourse and Non-Recourse; options available (Depending on loan size and quality)

Rate Benchmark:

Treasury Rate / Prime Rate / Libor Rate / FHLB Rate / Swap Rate

Margin:

100 400 basis points

Geographic Location:

Nationwide

Closing:

Borrowing Entity - Single Purpose Entity required
Prepayment - Defeasance/Yield Maintenance/Fixed Declining
Assumption- Allowed
Escrows- Varies based on loan size and asset quality

Third Party Reports:

MAI Appraisal / Property Condition Reports
Phase I Environmental / Title / Survey

Application Fee:

None to AARCS; Varies by Lenders

Funding:

45-90 days from complete due diligence package