Florida ALF Financing Success Stories: Real Case Studies

Discover how Florida assisted living facility owners have successfully financed their projects with Jaken Finance Group. These case studies demonstrate diverse financing solutions across the Sunshine State.

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Success Story #1: First-Time Operator Acquisition

Tampa Bay ALF Purchase

Client Profile:

The Solution: SBA 7(a) loan emphasizing healthcare background.

Metric Details
Purchase price $5,200,000
Loan amount $4,680,000 (90% LTV)
Down payment $520,000 (10%)
Interest rate 10.25%
Term 25 years

The Outcome:

"Jaken Finance Group believed in my vision. Occupancy is now at 93%."

— Michelle R., Tampa ALF Owner


Success Story #2: HUD 232 Refinance

South Florida Memory Care Facility

Client Profile:

The Solution: HUD 232 refinance achieving all objectives.

Metric Before After
Loan amount $14,000,000 $20,000,000
Interest rate 7.5% 5.6%
Term 5 years 35 years
Recourse Full guarantee Non-recourse

Cash-out proceeds: $6,000,000

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Success Story #3: Ground-Up Construction

Orlando Area New Development

Client Profile:

The Solution: Construction-to-permanent financing.

Phase Details
Total project cost $20,000,000
Construction loan $16,000,000 (80% LTC)
Equity $4,000,000 (20%)

The Outcome:

"Jaken's construction financing expertise made our project possible."

— David K., Orlando ALF Developer


Success Story #4: Portfolio Expansion

Southwest Florida Multi-Facility Acquisition

Client Profile:

The Solution: Bridge-to-HUD financing strategy.

Phase Details
Purchase price $15,000,000
Bridge loan $12,000,000 (80% LTV)
HUD 232 takeout $13,500,000

Related Florida ALF Resources


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Disclaimer: Case studies based on actual transactions with names changed. Past performance does not guarantee future results. All financing provided by Jaken Finance Group, subject to approval.