Construction loans

Construction loans    

Our real estate offerings cover a wide range of the healthcare spectrum, from acute care hospitals and medical offices to nursing homes and outpatient care centers. We have a AAA debt rating, enabling us to offer our customers reliable, well capitalized, competitively priced financing programs and products.



Loan size

$5-100 million

Pricing

Floating, Fixed, Forward & early rate lock; Priced over applicable LIBOR or U.S. treasury

Leverage

Up to 80% LTV

Loan term

Up to 20 years

Asset types

  • Inpatient "Big Box" facilities - Full service acute care hospitals, Rehabilitation hospitals, Specialty hospitals

  • Outpatient facilities - Ambulatory surgery, Physician groups, Diagnostic imaging, Oncology, Dialysis, Rehab, Medical office

  • Senior housing - Senior apartments, Independent living, Congregate care, Assisted living, CCRC and Dementia care

  • Facilities skilled nursing - Medicare and Medicaid nursing homes and Long-term acute care hospitals

Location

Nationwide in markets with population greater than 100,000

Recourse

Construction completion gurantees non-recource available thereafter

Amortization

Up to 30 years; Interest only available