Loan Volume
Quarter Ending 3/31/08
1 All types of project financing (not corporate financing) over the past several quarters.
2 Outstanding permanent debt includes normal project financing with at least a 10-year term.
3 Short-term financing should include the following types of loans: bridge, acquisition, turn-around,
mezzanine, and any type of financing (irrespective of nomenclature) that has less than a 10-year term
(except for construction and mini-perm loans.)
4 Includes lenders that did not break out amount of outstanding project to date by property type
Quarter Ending 3/31/08
| Total amount of outstanding project financing for the seniors housing and long term care industry placed to date (not only in the past quarter) by major lenders |
| Outstanding | |||
| Property Type | Permanent2 $ Million |
Short-term3 $ Million |
Total1 $ Million |
| Independent Living | 4,967 | 6,607 | 11,799 |
| Assisted Living | 4,697 | 5,109 | 9,953 |
| Nursing Homes | 895 | 2,259 | 3,456 |
| CCRCs | 288 | 852 | 1,249 |
| Total | 10,847 | 15,127 | 26,457 |
| Total amount of project financing placed during the last quarter |
| Placed in Quarter 1 - 2008 | ||||
| Property Type | Permanent2 $ Million |
Short-term3 $ Million |
Construction Mini-perm $ Million | Total |
| Independent Living | 158.6 | 98.6 | 40.8 | 298 |
| Assisted Living | 162.9 | 251.6 | 0 | 414.5 |
| Nursing Homes | 0 | 40 | 6 | 46 |
| CCRCs | 0 | 167.7 | 0 | 167.7 |
| Total4 | 321.5 | 557.9 | 46.8 | 926.2 |
1 All types of project financing (not corporate financing) over the past several quarters.
2 Outstanding permanent debt includes normal project financing with at least a 10-year term.
3 Short-term financing should include the following types of loans: bridge, acquisition, turn-around,
mezzanine, and any type of financing (irrespective of nomenclature) that has less than a 10-year term
(except for construction and mini-perm loans.)
4 Includes lenders that did not break out amount of outstanding project to date by property type