In what was an especially difficult year for the lending environment, VIUM Capital made 2023 its second-most productive year in the firm’s history, with over $915 million in closings across 39 transactions. The financings consisted of bridge and permanent debt (both taxable and tax-exempt) that funded 106 separate properties in 19 states. VIUM also completed a $1.1 billion securitization of its bridge healthcare book, and the firm plans to complete another securitization.
Its HUD business should lay the foundation of a successful 2024, as well. VIUM has a large book of bridge loans that become eligible for a HUD or Ginnie Mae exit. Those closings, combined with its usual bridge loan activity, could net VIUM a record-year in 2024. We will see.
