Wisconsin Assisted Living Facility Loans: Financing Solutions for the Badger State

Wisconsin offers a stable and growing assisted living market with opportunities across the Milwaukee metropolitan area and throughout the state's diverse communities. The Badger State's aging population and quality healthcare infrastructure create solid opportunities for ALF operators and investors.

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Wisconsin Assisted Living Market Overview

Market Size and Growth

Metric Wisconsin Data
Licensed Community-Based Residential Facilities 3,500+
Residential Care Apartment Complexes 400+
Total Licensed Beds 45,000+
Population 65+ 1.1 million (18.5% of state)
Population 85+ 145,000
Projected 65+ Growth (2026-2035) +16%
Average Monthly Cost $4,000 - $5,500
Average Occupancy Rate 86%

Sources: Wisconsin Department of Health Services, U.S. Census Bureau

Regional Markets

Milwaukee Metro

Madison Metro

Green Bay/Fox Valley

Eau Claire/La Crosse


Wisconsin ALF Licensing and Regulations

Licensing Authority: Wisconsin Department of Health Services

Facility Types

Key Requirements

Detailed Wisconsin ALF Regulations →


Financing Options for Wisconsin ALFs

SBA 7(a) Loans

HUD 232 Loans

Construction Financing


Cost to Build an ALF in Wisconsin

Construction Cost Breakdown

Cost Category Milwaukee Madison Green Bay
Land (per acre) $250K-600K $300K-700K $150K-400K
Hard Costs (per SF) $200-275 $210-285 $185-255
Soft Costs 12-16% 13-17% 11-15%
FF&E (per bed) $9-14K $10-15K $9-13K

Sample 60-Bed Project: $13-17 million

Detailed Wisconsin Construction Costs →


Why Wisconsin for ALF Investment?

  1. Stable Market: Consistent demand
  2. Aging Population: Strong demographic trends
  3. Healthcare Infrastructure: Quality hospital systems
  4. Affordable Costs: Moderate development costs
  5. Quality of Life: Attractive communities

Success Stories

"Jaken Finance Group helped us acquire our Madison facility with SBA financing. Their understanding of the Wisconsin market made the process smooth."
— Linda K., ALF Owner, Madison

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Wisconsin ALF Resources

Related Pages


Ready to Finance Your Wisconsin Assisted Living Facility?

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Disclaimer: This information is for educational purposes only. All financing provided by Jaken Finance Group, subject to approval.