Healthcare Real Estate

The KeyBank Real Estate Capital healthcare specialization provides comprehensive solutions for the property financing needs of REITs, hospitals and seniors housing owners and operators.

We bring our expertise as an approved and experienced Agency underwriter to partner with Fannie Mae, Freddie Mac, FHA/HUD and CMBS & Life/Pension to structure the best solutions for our clients’ needs. Our healthcare and institutional real estate teams work together to deliver the best possible debt, equity and advisory services and solutions to this specialized field.

We focus on the integrated financial needs of a healthcare organization; many times, property finance is a part of that equation. Recent examples in this PDF include:

  • KeyBank Real Estate Capital closed four acquisition loans with Kayne Anderson and Discovery Senior Living totaling $162 million. All four of the properties are independent living facilities in Florida.
  • KeyBank Real Estate Capital closed four 232/223f HUD loans with Marquis Companies totaling $22 million. All four of the properties are skilled nursing facilities in Oregon.

Fannie Mae, Freddie Mac and FHA/ HUD, and CMBS & Life/Pension financing can be particularly useful in healthcare real estate transactions, from seniors housing to hospitals. Following are some of the programs that have proven most relevant to our healthcare clients across the country:

  • Fannie Mae DUS Seniors Housing
  • Freddie Mac Program Plus Seniors Housing
  • FHA Form 232
  • FHA Form 232/233 (f)
  • FHA Form 221
  • FHA Form 223 (a) (7)
  • FHA Form 242 and 242/233 (f)
  • CMBS & Life/Pension

Key’s experienced professionals help healthcare organizations arrange permanent financing, syndicated loans, and Agency financing for their property finance needs. Additionally, our cross-disciplinary team also provides treasury management, energy cost derivatives, operating capital and equipment finance, as well as products and services from across the bank.