Brickmont Assisted Living

LOAN AMOUNT: $10,120,000

LOAN TYPE: SBA 504 Loan

INDUSTRY: Healthcare

LOAN DETAILS

Location

Milton, Georgia

Jobs

50

Loan Type

Construction Loan

Loan Amount

$10,120,000

Term

12 months

Loan Type

1st Mortgage

Loan Amount

$6,325,000

Term

25 years

Loan Type

SBA 504 2nd Mortgage

Loan Amount

$3,795,000

Term

20 years

History

The 54,886 square foot, 2 acres, 2-story, 94 unit assisted living facility is known as Brickmont Assisted Living. Amenities include a dining hall with a fireplace, and a large activity room with a residential kitchen attached for cooking classes, weekly movies and group functions. The facilities include a media room that accommodates group television viewing, resident laundry, a reading room and a private, secure courtyard. The residents will have access to private dining rooms when family and friends wish to join them. Each room has a separate living area with a kitchenette and is handicap accessible. Brickmont also offers state of the art memory care facilities that will have their own secure dining area, living space and courtyard.

Over the past 5 years, we have originated, processed and underwritten 50 Nursing Home and Assisted Living loans totaling $180,939,000 in 9 states which created or saved 4,257 jobs. Let the lending experts help you with your Senior Living and Health Care loan needs.