Refinance an Assisted Living Facility
Replace existing or short-term debt with long-term financing built for healthcare operators.
Request a QuoteWhy operators refinance
- Move from a bridge loan into permanent financing once the facility is stabilized
- Replace debt that no longer fits the business with longer terms
- Change from a variable to a fixed rate, or the other way around
- Use the equity in the facility for expansion or other projects
Commercial Loans Florida, Inc. arranges refinancing for assisted living facilities, memory care, independent living and other senior housing through banks, non-bank lenders and private equity sources that specialize in healthcare real estate.
Refinance highlights
- Loan amounts from $500,000 to $25,000,000+
- Up to 90% loan-to-value on qualifying projects
- Fixed and variable interest rate options
- Terms up to 30 years, with interest-only periods available
- Quick approvals and dedicated underwriting for healthcare
From bridge to permanent
If your facility was bought or built with a bridge loan, refinancing is the step that locks in long-term debt. Once the facility reaches its performance targets, we help you qualify for an SBA or conventional commercial mortgage — see SBA loans for assisted living.
How a refinance works
Small residential care homes and adult family homes can be refinanced too — see residential assisted living (RAL) loans.
Frequently Asked Questions
Can I refinance a bridge loan on my assisted living facility?
Yes. Once the facility reaches its performance targets, we help you move into a long-term SBA or conventional commercial mortgage.
Can I take equity out of my facility?
Depending on the facility’s value and performance, a refinance can include cash out; up to 90% loan-to-value is available on qualifying projects.
What terms are available on a refinance?
Terms up to 30 years with fixed or variable rates and interest-only periods available.
What do lenders look at?
The facility’s cash flow and operational performance, its value and the experience of the operator.
Do you refinance residential assisted living homes?
Yes. We treat RAL businesses and adult family homes as income-producing commercial assets and help operators refinance them.
Thinking about refinancing your facility? Let’s look at your options.
Request a QuoteCommercial Loans Florida, Inc. · 1155 South Pasadena S, Suite H, South Pasadena, FL 33707 · Call (727) 642-1166 · Monday–Friday, 9:00 AM–5:00 PM EST · NMLS 1283562. All loans are subject to underwriting and approval.