Memory Care Facilities

Delivering customized bridge and permanent loan solutions for Owners and Operators of Memory Care Facilities

Memory Care Facilities - Loan Programs

Memory care is residential long-term care that provides specialized care to older adults struggling with various forms of dementia and Alzheimer’s disease. According to AARP and National Investment Center for Seniors Housing and Care, memory care is the fastest-growing sector within the senior housing market as the number of units has doubled over the past decade.

While memory care services can exist as part of a continuing care retirement community, more standalone memory care facilities are being created to support a growing number of seniors and others requiring specialized care.

Wilshire Finance Partners provides fast and flexible financing solutions from $1 million to $10 million for owners and operators of memory care facilities nationwide.

Read on to explore bridge loan financing parameters and guidelines for memory care facilities.

Contact us today for a personalized quote or call us at (866) 575-5070 if you have any questions.

Bridge Loans

Loan Amount
$1,000,000 to $10,000,000
Term
Up to 5 Years
Rate
Fixed or Variable
Loan-To-Cost (LTC)
Up to 70%
Loan-To-Value "Stabilized" (SLTV)
Up to 55%
Purpose
Purchase, Rate and Term Refinance, Cash Out Refinance
Geographic Location
Nationwide
Recourse
Required

Second Lien

Loan Amount
$500,000 to $3,000,000
Term
Up to 3 Years
Rate
Fixed
Loan-To-Cost (LTC)
Up to 80%
Loan-To-Value "Stabilized" (SLTV)
Up to 55%
Purpose
Purchase
Geographic Location
Nationwide
Recourse
Required

Hybrid Equity / Participating Loan

Loan Amount
$500,000 to $3,000,000
Term
Up to 3 Years
Rate
Fixed
Loan-To-Cost (LTC)
Up to 85%
Loan-To-Value "Stabilized" (SLTV)
Up to 55%
Purpose
Purchase, Value-add and Opportunistic Acquisitions
Geographic Location
Nationwide
Recourse
Required

Mezzanine Debt

Loan Amount
$1,000,000 to $10,000,000
Term
Up to 5 Years
Rate
Fixed or Variable
Loan-To-Cost (LTC)
Up to 70%
Loan-To-Value "Stabilized" (SLTV)
Up to 65%
Purpose
Purchase, Rate and Term Refinance, Cash Out Refinance
Geographic Location
Nationwide
Recourse
Required

Representative Transactions

Property Type:

Assisted Living with Memory Care

Loan Amount:

$5.6 M

Loan Purpose:

Refinance

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