Assisted Living Center Financing..
International Financing Solutions
A Division of Sean Allen, Inc.9531 Cypress Drive N. Ft. Myers, Florida 33967
Ofc: 239-482-6866 Fax: 888-482-6860
Sean Cell: 239-898-9281 Email: sallen11867@aol.com
www.InternationalFinancingSolutions.com________________________________________________________________
Skilled Nursing / Assisted Living Acquisition / Refinance
Guidelines / Terms:
- 85% Loan-to-Value (No cash out Allowed)
- Seller Promissory note of 7.5% Loan-to-Value allowed
- Up to 35 year Amortization
- Up to 35 year Term (no Balloon)
- No Maximum Loan Amount
- Low, Fixed interest rate, based on market spread over 10 yr treasury yield
- Non-recourse, with no standard conduit carve-outs
- Flexible & negotiable pre-payment terms, NEVER defeasance or yield maintenance
- No limit for rents, tenant income, or return on equity
- 1.17 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are financeable
Skilled Nursing / Assisted Living - New Construction / Substantial Rehabilitation
Guidelines / Terms:
- up to 90% Loan to Cost (95% for Non-Profit Sponsor)
- Interest only construction loan that automatically converts to 40yr permanent financing
- 40 year Amortization
- 40 year Term (no balloon)
- No maximum loan amount
- Low, Fixed interest rate, based on market spreads 10 yr Treasury Yield
- Non-recourse, with no standard conduit carve-outs, including construction period
- Flexible & negotiable pre-payment terms. NEVER defeasance or yield maintenance
- No limit for rents, tenant income, or return on equity
- 1.11 Minimum Debt Service Coverage (1.05 Minimum Debt Service Coverage for Non-Profit Sponsor)
- This loan is always assumable
- Third-party expenses and loan costs are financeable
Sincerely,
Sean Allen
President
Terms and conditions are subject to change any time without notice. For the most recent
update please call or email us.
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