April 11, 2023
VIUM Capital, a national financial services firm located in Columbus, OH, is dedicated to the healthcare and seniors housing industry, making intentional and consistent strides to shape the future of long-term care and improve the quality of care for aging seniors. Here are just a few of the ways VIUM is advocating for the skilled nursing sector during the current staffing crisis that is impacting operations, occupancy, and the workforce.
VIUM CAPITAL & MERCHANT S BANK COMPLETE PRIVATE SECURITIZATION OF $1.1 BILLION IN HEALTHCARE REAL ESTATE LOANS
March 31, 2023
Seniors housing and healthcare lender VIUM Capital ("VIUM") and its joint-venture partner Merchants Bancorp ("Merchants") (NASDAQ: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that Merchants Bank, in collaboration with VIUM, as well as ATLAS SP Partners as Structuring Agent and Sole Bookrunner, completed a synthetic securitization referencing over $1.1 billion of first-lien floating-rate skilled nursing and seniors housing bridge loans.
February 10, 2023
VIUM urges operators to let CMS know how concerned you are that President Biden is proposing a national skilled nursing home-mandated staffing ratio of 4.1 hours per resident day.
December 31, 2022
Seniors housing and healthcare lender VIUM Capital (“VIUM") closed 70 transactions totaling $2.1 billion in 2022, the most productive year in the firm's young history. Financing structures consisted of bridge and permanent debt, funding 186 separate properties in 22 states. Less than three years from launch, VIUM is already a top HUD healthcare lender in the country.
October 17, 2022
Seniors housing and healthcare lender VIUM Capital ("VIUM"), in cooperation with its joint venture partner Merchants Capital, closed 30 HUD LEAN transactions totaling over $350 million, ranking the firm among the top two lenders in nationwide healthcare lending for HUD's FY 2022 (ended Sept. 30, 2022). HUD's 232 LEAN program, which provides mortgage insurance for HUD approved lenders to permanently finance licensed senior living facilities, ended its FY 2022 with 245 loans closed totaling nearly $2.9 billion.
August 15, 2022
Aging Media selects Brendan Healy as a Future Leaders Class of 2022 member in the Senior Housing category. This year’s Future Leaders class recognizes 40 individuals across the continuum, all of whom will be featured in upcoming Aging Media publications and invited to Aging Media’s in-person conferences this fall.
July 1, 2022
Seniors housing and healthcare lender VIUM Capital closed 26 transactions totaling over $1.1 billion in Q2 2022, bringing the firm’s 2022 first half volume to nearly $1.4 billion over 44 loans. Debt proceeds consisted of bridge and permanent debt, financing projects in 16 states from Florida to Washington. Founded in April of 2020 by industry veterans, VIUM has quickly become one of the leading seniors housing and healthcare lenders in the country.
May 12, 2022
Merchants Capital, through its joint-venture partnership with seniors housing and healthcare financier VIUM Capital ("VIUM") is the nations leading HUD healthcare lender through six months of HUD's fiscal year 2022. The firm closed 26 HUD healthcare (LEAN) loans totaling $295 million in finanicng from October 1, 2021 through March 31, 2022, leading the nation in both number of closed transactions and loan volume
February 24, 2022
Seniors housing and healthcare lender VIUM Capital ("VIUM") has added to its financing platform with recent debt fund closings via its joint-venture partner. Targeted to purchase over $500 million of commercial real estate bridge loans, these debt funds further expand VIUM's bridge capacity and increase its loan structuring flexibility. The funds are managed by Merchants Asset Management, a New York-based Registered Investment Advisor.
January 18, 2022
Seniors housing and healthcare lender VIUM Capital ("VIUM") closed 42 transactions totaling approximately $700 million in 2021, nearly half in the fourth calendar quarter. Debt proceeds financed 58 projects from Oregon to Florida, consisting of bridge and permanent loans. Founded in 2020, VIUM has quickly become one of the leading seniors housing and healthcare lenders in the country.
January 7, 2022
To help brighten your 2022, we are launching a new podcast series called "VERSED WITH SCOTT TITTLE: A VIUM CAPITAL PODCAST" or just "VERSED" for short. Our goal is to bring you some of the best thought leaders we can find in the sector to share the inspirational stories of their careers, their best practices for getting through these difficult times, and their views on the future of the sector.
January 1, 2022
Seniors housing and healthcare lender VIUM Capital ("VIUM") announced its acquisition of long-time multifamily lender Armstrong Mortgage Company ("AMC"). The transaction, which closed December 31, 2021, joins two of the leading commercial mortgage lending platforms headquartered in Columbus, Ohio.
August 3, 2021
Fledgling firm manages to close over $750 million in deal volume during first year.
In April, VIUM Capital celebrated its one-year anniversery, no small feat considering the firm was launched during the COVID-19 pandemic. Led by industry veterans Kass Matt and Steve Kennedy, formerly of Lancaster Pollard, VIUM Capital provides financing to the seniors housing and healthcare sector.
July 9, 2021
National Center for Assisted Living’s (NCAL) Executive Director Scott Tittle announced that he will be leaving NCAL this summer and joining VIUM Capital. Tittle will be a Managing Director and serve as the firm’s Head of Government Relations and External Affairs. VIUM, a national lender serving the seniors housing and healthcare space, launched just over a year ago. The company provides bank-bridge capital and permanent financing through FHA/HUD, FNMA and Freddie backed loans, among other products. VIUM has already closed nearly $1 billion of financing to the sector.
June 30, 2021
“To note mod, or not to note mod; that is the question…” Maybe that’s not exactly what Shakespeare wrote in the Tragedy of Hamlet, but not carefully considering whether or not to proceed with a note modification (also known as a “note mod” or interest rate reduction “IRR”) can be a tragedy for a HUD borrower. As interest rates continue to remain historically low, many borrowers quickly look toward their existing lender to reduce monthly payments of their HUD-insured loan through a note mod, failing to assess the shortfalls of the note modification option and the comparable benefits provided by a HUD 232/223(a)7 refinance (“a7”) or other HUD-related funding alternative. Is resetting your prepayment provisions without re-amortizing your loan or utilizing loan proceeds to fund expenses, all while remaining with your current lender, worth some annual debt service savings?
May 17, 2021
Coming off a record-setting first year with production quickly approaching $1 billion in financing, seniors housing and healthcare lender VIUM Capital doubled-down on its commitment to the sector, announcing that a quartet of prominent industry bankers have joined the firm. Columbus, OH-based Chris Blanda and Brendan Healy, Austin, TX-based Scott Blount, and Boca Raton, FL-based Tony Ruberg have joined VIUM as Senior Managing Directors. The four have a half century of proven production in the industry and previously worked together while closing over $3 billion of seniors housing and healthcare financings.
May 10, 2021
Seniors housing and healthcare lender VIUM Capital celebrated its one year anniversary, posting a remarkable inaugural debut. The firm, led by industry veterans Steve Kennedy and Kass Matt, closed 25 transactions totaling over $750 million in par volume. The closings included funding for 63 separate projects across 17 states from coast to coast, consisting of bridge, FHA/HUD and tax-exempt bond financings.