Texas SNF Acquisition

VIUM Capital successfully closed a bridge-to-HUD acquisition loan for a skilled nursing facility located in Texas. The transaction was structured using an A/B note approach, which allowed the sponsor to access higher leverage while maintaining a clear path toward HUD takeout. As part of the advisory process, VIUM also provided strategic guidance on structuring partnership debt to ensure maximum leverage upon refinancing.

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VIUM Banker Scott Blount had known the sponsor for years and brought a high level of conviction to the opportunity. His familiarity with both the sponsor group and the facility itself gave him confidence in the asset’s turnaround potential and the strength of the operator’s vision. Blount and the VIUM team approached the transaction with a combination of calculated risk-taking, deep industry knowledge, and trusted relationships to properly structure, underwrite, and close the deal.

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The financing structure included an 80 percent loan-to-cost “A” piece provided by VIUM. The 10 percent “B” piece was provided by a mezzanine lender at an attractive cost of capital. The final 10 percent was contributed in the form of an Owner’s Note. All debt was ultimately paid off through the HUD loan, resulting in 100 percent financing.  Over the course of the bridge term, the operator worked closely with VIUM to improve facility performance and enhance value. As a result, the team executed a successful HUD refinance with 100 percent financing at takeout.

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Both VIUM and the sponsor approached this acquisition with full commitment, not simply focused on short-term incentives, but driven by the long-term success of the facility. The shared goal of improving outcomes and preserving financial integrity helped forge a strong, trust-based relationship that has since led to repeat business.

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This transaction reflects VIUM’s core values of integrity, intentionality, and partnership. We continue to stand behind our clients as they grow and improve the communities they serve.