With strong demographic tailwinds and demand outpacing new supply in many markets, the near- and long-term outlook for the seniors housing industry is overwhelmingly positive, and investors are taking notice.

Interest rate stability and other positive dynamics are aligning to make now the ideal time to leverage the tailwinds and pursue objectives to acquire, expand, renovate, refinance, and position communities for long-term success. For providers considering such objectives, there are several effective financing options at their disposal. Freddie Mac has seen booming loan production of late, and Fannie Mae is increasingly active. Both options can be an effective choice for those seeking flexibility.

The permanent financing benefits of Federal Housing Administration (FHA) programs remain tough to beat, especially for those prepared to lock in a 35- or 40-year term. The new Express Lane is proving successful, as experienced borrowers are taking advantage of the program to shorten the timeline.   

For a deeper dive, we detail recent success stories where providers closed transactions to help position their communities to thrive going forward.

HUD Express Lane

Pemberly Place Senior Living, a seniors housing community in Lincoln, Nebraska, recently closed a $21.2 million FHA Section 232/223(f) Express Lane refinance that paid off existing bank debt from a construction loan and reimbursed the borrower for previous capital expenditures. Built in 2017, Pemberly Place Senior Living features 132 units consisting of assisted living (AL), independent living (IL), and memory care (MC) options.

Lument obtained a firm commitment from FHA just seven days after application submission and advanced to closing consistent with customary market timelines. The FHA loan has a fixed interest rate and 35-year term.

The Express Lane is the result of HUD listening to lenders and borrowers and making meaningful changes that accelerate transactions. FHA programs have long offered some of the most competitive terms in the market, and now they pair that strength with enhanced speed and execution certainty, providing a critical advantage in a volatile market.

“This is a strong example of how FHA’s 232 Express Lane is driving efficiency while maintaining disciplined underwriting,” HUD said in a statement promoting the transaction.

In another example of an effective Express Lane closing, Village Green of Federal Way closed a $21.5 million FHA Section 232/223(f) loan to refinance a 170-unit seniors housing community in Washington. The FHA loan has a fixed interest rate and 35-year term.

“Lument was able to help us navigate a pending loan maturity by guiding us through the HUD Express Lane, saving valuable time and facilitating a fantastic outcome,” said Monte Powell, owner of Village Green.

Village Green is a family-owned company with a mission of supporting the emotional, spiritual, and physical well-being of the seniors they serve. Village Green of Federal Way consists of 136 licensed units and 34 independent living cottages.

Freddie Mac

Wegman Companies, a Rochester-based real estate development and investment company, closed a $58.2 million Freddie Mac loan to refinance The Village at Unity and The Hamlet, a campus-style community in the Finger Lakes region of New York in Rochester, offering IL, AL, and MC options totaling 332 units.

The Freddie Mac loan has a 10-year term, with interest only for four years, a fixed interest rate, and 30-year amortization. It replaces an existing agency loan and provides substantial funds for capital expenditures, including new siding and roofing.  The outcome facilitated a partner buyout and financed needed renovations, all while meeting a tight yearend deadline.

In another example, Treeo South Ogden, a 143-unit independent living (IL) community in Ogden, Utah, approximately 30 miles north of Salt Lake City, closed a $26.8 million Freddie Mac refinance. The loan refinances bank debt and provides cash-out proceeds for future development. It has a 10-year term, five years interest only, 30-year amortization, and a fixed interest rate.

No matter which financing option is pursued, it is essential to work with a lender that has access to a comprehensive suite of capital solutions, understands the industry on a deep level, knows how to multi-track financing options, and has a track record of delivering the best outcome regardless of product type.

This article originally appeared in Argentum’s 2026 Largest Providers Report.