rschlag53
113 Posts |
Posted - 08/04/2008 : 09:20:28 AM
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Funding For Health Care Projects Available................
$2.5 million or greater
PROPERTY TYPES: -Senior Housing/Long Term Care -Nursing Homes - Skilled and Intermediate Care -Assisted Living Facilities -Congregate Care Retirement Apartments -Board and Care Facilities
Behavioral Modification/Acute Care -Acute Care Hospital -Alcohol & Drug Rehab Center -Psychiatric Hospital -Other Special Purpose Facility
GEOGRAPHIC PREFERENCE: Nationwide
CURRENT RATES: 6.00% to 9.00% (subject to market & lending programs)
LOAN TERMS/ AMORTIZATION: 5 years to 40 years.
TYPES OF LOANS AND LOAN PROGRAMS: -New Construction -Refinance -Refinance with Rehabilitation -Refinance with Expansion -Acquisition with Rehabilitation -Exercise Purchase Option/Acquisition -Straight Acquisition
Programs -FHA/HUD -Fannie Mae -Conventional -Sale/Leaseback -Acquisitions/Equity -Bridge Loans
HIGHLIGHTS: -Low, fixed rate construction and permanent loans arranged simultaneously. -65% - 80% loan-to-value on all conventional programs. -Permanent rate is locked prior to Construction Loan closing on FHA programs. -85% loan-to-value or purchase price for existing refinancing under FHA programs. (No rehab required.) -90% loan-to-cost and 90% loan-to-value for new construction and acquisition/rehabilitation on FHA programs, up to 100% for rehab / expansion of existing owned property. -Multi-facility below market portfolio financing. -Available with no personal liability.
Contact:Richard Schlageter Email: RichardSchlageter@yahoo.com Send your project proposals for review............... |
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