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Updated about 1 year ago on . Most recent reply

Opportunity to Invest in a performing and expanding Assisted Living Facility
Looking for a lender to refi the current SBA loan & offer construction loans to build out 7 additional buildings for an Assisted Living Facility. This is a Boutique Assisted Living Facility in Hickory, North Carolina. The facility is already income producing as it sits and is looking to expand, so there would be construction loans in the future.
Seeking $1.2 - $1.4M for refinancing out the current SBA loan and over the next few years two additional draws of $400K and $800K for construction of the additional buildings. 10% rates with points paid to the lender and equity opportunities! This will be a first position loan to keep investor funds safe with a low LTV. Full package available via email.
With supporting the 7 additional buildings development project you can also gain a percentage of the ownership. To cash out at sale of the completed project or ability to buy the project yourself.