Skilled Nursing/Assisted Living Facility - New Construction                  

90% Loan-to-Cost

 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

1:10 Minimum Debt Service Coverage

This loan is always assumable

Third-party expenses and loan costs may be financed.