Loan Product
Specialty Asset Lending: Self Storage, Senior Housing, Cannabis, and LIHTC.
Some property types need lenders who do nothing else. Self storage. Senior housing and skilled nursing. Cannabis real estate. LIHTC affordable housing. Each one has its own rules, its own underwriting language, and its own capital sources. A regular CRE lender will price these wrong, and most will not even quote them. I work the dedicated specialty desks for each one. You get a real number from a lender that actually wants the deal.
Specialty Programs On the Network
- Self Storage: SBA + conventional debt, agency, and institutional balance-sheet debt ($1M to $100M)
- Senior Housing & Healthcare: HUD 232, bridge to HUD, agency seniors, skilled nursing ($2M to $200M)
- Cannabis Real Estate (state-legal markets only): cultivation, manufacturing, retail dispensary, ancillary RE ($500K to $100M)
- LIHTC Affordable Housing: 9% and 4% credit syndication, construction-to-perm ($3M to $50M tax credit equity)
- Hotel Specialty: dedicated hospitality balance sheet, brand conversion, PIP, CPACE (see Hospitality page)
Loan Snapshot
- Self Storage Loan Amounts
- $1M to $100M
- Senior Housing / HUD 232
- $2M to $200M, 35-40 year non-recourse
- Cannabis Real Estate
- $500K to $100M, state-legal markets only
- LIHTC Tax Credit Equity
- $3M to $50M syndication
- Closing Time
- Varies by program. 30 days bridge to 12 months HUD
Rates depend on the deal. Submit your file or jump on a call and I'll get you a real number.
Cannabis. What's Realistic
Cannabis is federally illegal but state legal in most of the country. The dedicated cannabis real estate lenders on my bench underwrite cultivation, manufacturing, retail dispensary, and ancillary real estate. But only in compliant state-legal markets. Pricing is higher than conventional CRE because of the federal risk, but it's real institutional debt with real terms.
LIHTC. How It Works
Low Income Housing Tax Credits (LIHTC) are 9% or 4% federal tax credits awarded to developers of affordable housing. The tax credits are sold (syndicated) to corporate investors through LIHTC syndicators in exchange for equity. I work the major syndicators on both 9% competitive deals and 4% bond-financed deals, often paired with HUD 221(d)(4) construction or Fannie / Freddie targeted affordable permanent.
Senior Housing. Beyond HUD 232
Senior housing splits into three buckets: independent living and assisted living (often financed agency or bridge), memory care (HUD 232 friendly), and skilled nursing (HUD 232 specialist). My senior housing bench includes the dedicated healthcare debt desks at the top HUD shops, with bridge-to-HUD programs across all three buckets.
Ready when you are.
Send me your file or pick up the phone. I answer 7 days a week.