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Debt and Equity

//Debt and Equity
Debt and Equity 2018-01-27T22:37:04+00:00

Senior Living
Debt and Equity Options

There are a myriad of different options available for Assisted Living funding which are typically different options of Independent Living or a Continuing Care Retirement Community. Senior living financing options have been expanding over the last two years as the economy improves and both investors and lenders alike recognize the great opportunity that presents itself for another wave of new projects as baby boomers age and require Assisted Living facilities or Independent Living facilities.  In some cases, it is easier to finance an Assisted Living or Memory Care facility since both are need driven choices by potential residents versus more of a lifestyle in selecting Independent Living facilities.

One option that many assisted living operators utilizedepending on where the assisted living facility is located and various other factors is the HUD Section 232 Program. We strongly suggest this is an option for consideration which has benefits in the terms, the lack of personal guarantee and other factors. HUD can take a longer period of time and have other restrictions compared to other Assisted Living Financing optons. The Program can be used for refinance, funding new additions and new construction.

Continuing Care Retirement Communities (CCRC) are predominately nonprofit and funding is usually tax exempt bond financing. We have relationships with various underwriters that will have interest if there is a quality senior living market study among other factors. Independent Living rental projects typically have different lenders than either assisted living or a CCRC.

Senior Consulting has its own proprietary databases with investors, debt and equity sources in addition to databases for Assisted Living facilities, Independent Living and Continuing Care Retirement Communities. For the right project, we can access senior living capital on behalf of clients.

Ask us for more information.