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Q: Financing for Assisted Living Facilities For Seniors ( Answered,   0 Comments )
Subject: Financing for Assisted Living Facilities For Seniors
Category: Business and Money > Finance
Asked by: jondev-ga
List Price: $50.00
Posted: 27 Nov 2006 09:54 PST
Expires: 27 Dec 2006 09:54 PST
Question ID: 785959
I am on the prowl for Assisted living facilites and I need a list of
as many Banks, Institutions, Lenders, Mortgage Companies, that provide
Financing for this type of facility/Property (Senior Housing-Assisted
Living Facilities also known as ALF's or ACLF'S). Please provide the
names as well as the contact information for all Thanks and please ask
away if you have any questions.

Request for Question Clarification by easterangel-ga on 27 Nov 2006 16:01 PST
In what city or state are you planning to do this?

Plus it seems that most of the funding usually comes from government
grants. Would these be ok too?

Subject: Re: Financing for Assisted Living Facilities For Seniors
Answered By: umiat-ga on 13 Dec 2006 00:14 PST
Hello, jondev-ga! 

 The following lenders should provide you with some excellent options!


"Herbert J. Sims & Co. is a 70 year old investment banking firm and
fixed income financial services brokerage headquartered in Southport,
Connecticut with eight locations nationwide. It has over 40 years of
experience in financing senior living facilities and has underwritten
over $9 billion in projects throughout the United States. HJ Sims is
recognized as one of the leading experts in underwriting financing for
the senior living industry."

Contact Form

3530 Post Road
Southport, Connecticut  06890-1169 
Call us toll-free 1-800-HJS-1935   


"Through a separate affiliate, Dougherty Funding LLC, the firm
provides a broad range of commercial finance products to real estate
developers and corporations."

* Health Care (senior housing, assisted living, and health clinics)



"We are your source for nursing home loans and assisted living
facility loans. As one of the nation's largest providers of Small
Business Administration (SBA) loans, we understand the financing needs
of nursing homes and assisted living facilities. That is why we lend
millions of dollars annually to help fuel the growth of elder care
centers around the nation."

More about Healthcare financing (long-term care facilities)

The management team of CIT Healthcare has over 100 years of healthcare
finance experience. To speak to one of our healthcare experts, please
contact us at or 800-547-7026.


Only MCC offers Smarter Financing for Assisted Living Facilities
(ALFs) Nationwide with Advantages like:

* A third to half as much equity down with up to 90% loan-to-cost
financing -- allows you to keep more of your capital to do with it
what you want.
* Lower monthly payments with longer, fixed-rate terms -- minimizes
the impact on cash flow and controls real estate expenses.
* Own commercial property faster and easier - get 24 hour
Pre-Approvals, 3 day Commitments and Closings to meet your deadlines
with Simplicity from Specialists.
* Highest cash-on-cash return financing available in the commercial
mortgage market. GUARANTEED.

Toll Free: 1.866.622.4504


"Healthcare real estate financing for assisted living facility loans?
We specialize in it. You have connected to the premier nationwide
healthcare mortgage lender providing healthcare real estate loans of
$1,000,000 and up for * Assisted living facilities


Please feel free to contact a representative at 1-800-477-3012.
From within California, call 1-310-477-3041.


Ziegler has achieved a unique position within the nonprofit senior
living finance industry due to our ability to implement financing
solutions that incorporate a variety of financial tools. Our firm has
cultivated a combination of products and services that accommodates
the most complex financings for virtually every type of nonprofit
senior living provider.



As a leading socially progressive bank, Wainwright has committed over
$500 million in community development loans for projects addressing
issues such as affordable housing, special needs housing, hunger,
homelessness, environmental protection, health services, and more. In
fact, Wainwright is one of the few banks in the country to have a team
of lenders exclusively dedicated to community development lending. If
you are a nonprofit or a developer who wants to work with an
experienced, dedicated lender for your next project, contact Pam
Feingold at 1-888-444-BANK (2265) or email

 See "Ruggles Affordable Assisted Living Development."


Pacific Mortgage Funding provides conventional, and FHA commercial
lending all over the United States 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.

Call or E-mail Us For a Free Commercial Real Estate Mortgage Loan Evaluation

12631 E. Imperial Hwy.,
Suite C-107 Santa Fe Springs, CA 90670
Office: 562.864.4006 
Fax: 562.864.4003


"Creating a wonderful place to live for those who need assisted living
and Alzheimer?s care requires a lot of experience and attention. At
Vine Street Financial, a division of Branch Banking and Trust Company,
we are specialists in financing assisted living and Alzheimer?s care

For more information about Vine Street Financial:

Call 1-800-758-0038 and ask to speak to a loan officer.


"The First and Last Call in Senior Housing and Healthcare Financing!
Privately owned since its founding in 1983 as a real estate investment
banker specializing in commercial real estate properties, Cambridge
today ranks as one of the nation?s leading Senior Housing / Healthcare
lenders. The company has closed more than 275 transactions totaling
$1.75 billion since the 1990s."

Chicage, Il
Tel: 312-357-1601 
Fax 312-357-1611


Assisted Living Facilities

Experienced attorneys.  Peck Shaffer attorneys have been involved in
tax-exempt of financing assisted living facilities (ALFs) since the
beginnning of the development of such facilities.

We understand the financing structures.  Peck, Shaffer attorneys have
structured ALF financings as qualified residential rental housing
issues under Section 142(d) of the Internal Revenue Code with
for-profit owners and as qualified 501(c)(3) issues under Section 145
of the Internal Revenue Code for owners that are 501(c)(3)
organizations.  We have been involved in both single facility and
multiple facility financings. We help guide the transaction.  In
guiding the transaction to its conclusion, we often help coordinate
the activities of the borrower, borrower?s counsel, a third party
developer, feasibility consultants, credit enhancers and their
counsel, the underwriter, and underwriter?s counsel.  We understand
the needs of the various parties to the transaction to conclude the
financing as quickly as practical.



Preston Gates & Ellis LLP represents a wide variety of insurance
companies and financial institutions in documenting and closing their
lending transactions. In addition, we assist corporate, governmental
and individual borrowers in obtaining secured and unsecured, real
estate and non-real estate loans. Our financing experience includes
conventional secured real estate loans, conduit loans, UCC and non-UCC
personal property secured loans, unsecured loans, foreign currency
indexing, equity participations, guaranties, leasehold financing,
shared appreciation loans, off-balance sheet credits, securitized
asset lending and quasi-public bond financing. We also represent
clients in negotiating commercial loan workouts and restructurings as
well as judicial and non-judicial foreclosures, with respect to real
estate and UCC collateral and other collateral and receiverships. With
our Bankruptcy Practice Group, we represent lenders and borrowers in
pre-bankruptcy planning and bankruptcy proceedings.

Examples of our recent transactions include:

* Represent developer in obtaining financing for multiple assisted
living facilities



Offers construction loans to developers and operators of assisted
living, independent living, Alzheimer's facilities, and medical office
facilities located on large hospital campuses.



Red Mortgage Capital, Inc., the mortgage lending arm of integrated
capital provider RED CAPITAL GROUP, recently provided FHA mortgage
financing for an existing skilled nursing and assisted living care
facility located in Northbridge, Massachusetts.

RED CAPITAL GROUP provides debt and equity capital to multifamily
housing, seniors housing, and other real estate projects and is
Multi-Housing News' 2003 Capital Choice award winner in the categories
of tax credits, bond financing and Fannie Mae loans, and Apartment
Finance Today's 2003 Reader's Choice award winner in the categories of
FHA loans and bond financing.



At GE Healthcare Financial Services we understand the challenges
senior care operators and investors face. Our commitment to this
industry spans more than 10 years and $1 billion in funded assets.
We offer a wide variety of products. So whether you need a fixed or
floating rate first mortgage structured as interim or permanent debt,
a senior secured revolver, construction lending or an equity
partnership, GE Healthcare Financial Services can help.

Success Stories



Assisted Living: Rockport Mortgage has completed more HUD financed
facilities than any other mortgage company in New England.

Vice President, joined Rockport Mortgage Corporation in 1999. Chip
specializes in the financing of healthcare facilities including
skilled and intermediate level nursing homes, assisted living
facilities, and other senior housing for both profit-motivated and
non-profit owners and operators. Chip participates in all phases of
loan origination and loan processing.

Rockport Mortgage Corporation
17 Rogers Street 3rd Floor
Gloucester, MA 01930
Tel: (978) 283.9208
Fax: (978) 283.1957

U.S. Department of Agriculture
4949 Kirshling Court
Stevens Point, Wisconsin 54481
Phone: 715-345-7620 or 715-345-7600

Rural Development Community Facilities loan and limited grant funds
can be used to construct, enlarge, or improve community facilities.
Assisted living facilities are eligible projects for the Community
Facilities program. Eligible applicants must be Public Bodies,
Nonprofit Corporations, Indian Tribes, Associations or Cooperatives.
The project must be located in a rural area or town of not more than
20,000 people.


 I hope these references are helpful!



bank or mortgage financing assisted living facilities
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