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MM4L provides the following capital alternatives for congregate care facilities.
Permanent Loans: Fixed rate, non-recourse loans with maturities of between three & twenty years are available. Amortization will vary based upon leverage amount and property effective age. Maximum loan to value of 80%.
Bridge Loans: This financing structure accommodates existing properties, which have upside potential. The bridge loan structure can provide the capital required for property stabilization at floating rate pricing, which allows the loan to be refinanced at par (no penalty) once the income is stabilized. Maximum loan to value of 75%.
Construction Loans: Projects located within markets providing strong and easily identified market demand can qualify from 60% to 75% of cost construction financing. In some cases a combination construction/permanent loan will be offered, saving the cost of closing two loans and taking the guesswork out of the permanent loan term.
Click on the links below to get a better idea of all Property Types we can finance.
Multi-Family/Apartment Buildings
Mixed-Use Properties
Office Buildings
Co-op Mortgages
Retail Property Financing
Warehouse / Industrial
Hotel / Hospitality
Self Storage
Commercial Co-ops and Condos
Congregate Care Facilities
Specialty Properties(including Golf Courses)
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Fill out the short form below to begin the process of obtaining your commercial mortgage.
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