Transforming a Home into a Senior Haven: An SFR Assisted Living Success Story

[Karen Schimpf]

Driven by compassion and entrepreneurial vision, our client came to us with a plan to convert his 4-bedroom residential property into an intimate assisted living facility for seniors in his community.

The Financing Solution

We identified our SFR Assisted Living program as the perfect fit, offering:

• 75% LTV financing on his 1-4 unit residential property
• No requirement for major structural alterations to qualify
• A $1.2 million loan with 30-year fixed terms
• Interest-only option to support crucial early-stage cash flow
• Cash-out component to fund necessary safety upgrades

The Outcome

The financing allowed him to transform his property while maintaining its warm, residential character. He installed safety features, created community spaces, and opened with minimal delay.

Today, his facility operates at full capacity, providing personalized care in a home-like environment that residents and families prefer to institutional settings. The business became profitable ahead of projections, and he's already considering a second location.

Our SFR Assisted Living program offers:

• Financing for 1-4 unit residential properties
• Up to 75% LTV
• Purchase and Cash-Out options
• Loans to $5 million
• 25-30 year fixed terms with interest-only available
• No requirement for major property alterations

This success story demonstrates how the right financing structure can turn a property owner's vision into a thriving business that serves a critical community need.

Karen Schimpf

Commercial Capital, Ltd.

O: 512-358-1511

E: [email protected]

w: www.linkedin.com/in/karenschimpf/

blog: http://bizloansconnections.com/

website: http://applycommercialloans.com

P.S. We now have a FAST close business-only loan of up to $500,000. IT is an SBA loan so it has the longer amortization and lower payment and we can close in less than 30 days. We just need 2 years of your business tax returns, credit and a personal financial statement to get a quick approval. Give us a call today to discuss your loan scenario at 512-358-1511 or click here.