Lenders nationwide trust us to handle their most complex financing structures for assisted living, memory care, skilled nursing, and independent living facilities, including construction loans, acquisition financing, term loans, and operating lines of credit.
Each member of our team brings a breadth of knowledge and experience in the unique financing needs of the senior housing industry. We have represented national and regional banks and nonbank lenders in construction loans, bridge loans, acquisition financing, term loans, asset-based revolving loans, and operating lines of credit to publicly traded and privately held national companies, private regional companies, and individual owners of senior housing and skilled nursing facilities.
We have closed numerous loans for individual projects, including independent living and assisted living units (including memory care units) and long-term care to for-profit and not-for-profit borrowers, as well as represented lenders in revolving credit facilities secured by senior housing properties in multiple states using a borrowing base structure. We routinely assist our lender clients with structuring senior debt facilities to accommodate mezzanine and/or junior lien financing, and we have worked closely with clients to negotiate intercreditor agreements with a variety of subordinate lenders.
Other loans have been structured to accommodate the use of master leases in borrower joint ventures with pension funds or Islamic law compliant investments. We also have experience with financing continuing care retirement communities (CCRCs).
We regularly collaborate with our nationally recognized Multifamily Housing Finance Group to coordinate our balance sheet lending work with the market expectations of Fannie Mae and Freddie Mac and routinely call on the firm’s Health Care Practice Group to provide advice to our lender clients regarding both federal and state regulatory issues faced by their customers.
Our experience also extends to representing lenders with loan workouts involving distressed health care assets, as well as debtor-in-possession financing.
Press Coverage
12.19.22
Nursing Home Facts and Statistics 2023
Sponsored Events
07.20.22
Oregon Health Care Association (OHCA) Board of Directors Retreat 2022
Sponsored Events
06.07.22
Integra 2022 Conference
Firm News
05.02.22
Troutman Pepper Names Delia Donahue Office Managing Partner in Princeton, New Jersey
Sponsored Events
03.07.22
Argentum 2022 Public Policy Institute & Fly-In
Sponsored Events
02.06.22
eCap 2022 Healthcare Summit