Financing Senior Housing Development
Ask your banker these 4 important questions:
What are their loan limits?
Under what conditions would they make a loan?
What documentation do they want to see?
What are their equity requirements?
Here are some:
If you own the land, sometimes with a good market study a new appraisal may raise the land value.
You might build in two or more phases, financing one at a time
You could take in partner(s) who contribute cash.
We might connect you with a private investor
We might connect you with an EB-5 investment money source
Need a bridge loan until the EB-5 money comes in? We might be able to connect you. Need a primary lending source for the construction loan? We might be able to connect you.
To understand the sources of finance available to you contact Haddock & Associates, Inc. Get experienced senior housing consultants to help find finance for your senior housing development.