VIUM Capital closed four HUD 232/223(f) financings in March totaling more than $63 million across a mix of skilled nursing and seniors housing communities. Two of the financings involved skilled nursing facilities in Oklahoma totaling 176 beds. The assets were originally acquired as part of a larger portfolio and refinanced following a bridge-to-HUD strategy. Each loan was structured with a 35-year term, providing long-term stability and improved debt service following the initial acquisition phase.
VIUM also closed a $16.3 million HUD loan on a recently developed assisted living/memory care community in Michigan that has already achieved stabilization. The loan refinanced an earlier VIUM bridge loan that included a performance-based earnout structure, allowing the borrower to capitalize on strong operating results and secure permanent financing with optimal project leverage.
Finally, VIUM completed a $31.1 million HUD financing for a four-property assisted living/memory care portfolio in Wisconsin totaling 186 units. The transaction refinanced existing bridge debt and enhanced cash flow across the portfolio, which continues to benefit from improving occupancy and operational scale.
