Assisted Living

Do you need financing for your assisted living/ memory care or independent living project?

The Highlights of the Assisted Living follows:

  • Financing is Non-Recourse
  • Maximum Loan is 80% of the Project Cost
  • Minimum Loan is $5M. No maximum loan amounts. We need a minimum of 20% Equity
  • Minimum number of units in the property needs to be 60.
  • Financing is tax exempt for investor buying the bonds
  • Financing includes costs for FF & E, development fees, and other fees not normally approved by HUD financing
  • Financing will include construction interest reserve and reserves for lease up period
  • Term of Loan is 30 years
  • Financing is targeted mainly for assisted living, independent living, and memory care facilities

Please contact Ike Njaka, (952) 249–9282 or email at