VIUM Capital is having quite a year and wrapped up its second quarter with 25 closed transactions totaling $1 billion. This brings the lender’s total in the first half of the year to nearly $1.3 billion across 43 loans. The transactions consisted of bridge and permanent debt, financing projects in 15 states. Since being founded in April 2020, VIUM has grown to over 20 employees and earlier this year rolled out its healthcare debt fund in conjunction with an affiliate of joint venture partner, Merchants Capital.
The firm finished the quarter with a large refinance of six skilled nursing facilities on behalf of their Midwest-based owner/operator. VIUM secured approximately $130 million in bridge-to-HUD debt for the portfolio, which consists of around 800 beds. Featuring a three-year term, the loan refinanced existing construction and term debt for the borrower, generating significant debt service savings from the previous structure.
