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rschlag53

113 Posts

Posted - 08/04/2008 :  09:20:28 AM


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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