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VIUM Provides $36.3M Bridge Loan for Skilled Nursing Portfolio in Louisiana

LOUISIANA — VIUM Capital has provided $36.3 million in financing for a portfolio of five skilled nursing facilities in Louisiana.

The bridge loan refinances several tax-exempt bond issuances and bank term loans for the nonprofit borrower. VIUM partnered with a local bank to provide the funds.

The long-term goal is to replace the financing with HUD-insured loans in the future.

The post VIUM Provides $36.3M Bridge Loan for Skilled Nursing Portfolio in Louisiana appeared first on Seniors Housing Business.

Source: Senior Housing Business

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