How can I finance the purchase of an existing assisted living facility?
Direct answer
Common ways to finance an existing assisted living facility include SBA 7(a) or 504 loans, conventional bank loans, bridge loans for value-add deals, HUD 232/223(f) loans for stabilized communities, seller financing and equity from partners. The right mix depends on the community's size, occupancy and your experience.
What to know
SBA 7(a): up to $5 million with as little as 10% down.
Conventional loans: typically 25% to 35% equity.
Bridge loans: 12 to 36 months while the community stabilizes.
HUD: long-term non-recourse financing, often as a refinance after purchase.
How Haven helps
Haven connects buyers with lenders and equity partners. Visit our buyers page.