​[[{“value”:”Walker & Dunlop Secures $68 Million in Financing for Nursing Facilities in Illinois and Wisconsin

Walker & Dunlop has originated $68.3 million in HUD 232/223(f) loans to refinance seven skilled nursing facilities across Illinois and Wisconsin.

The financing was arranged by Walker & Dunlop’s FHA Finance team, led by Joshua Rosen, Brad Annis, and Johnny Rice. The team utilized the HUD-insured 232/223(f) loan program, which provides long-term, fixed-rate, non-recourse financing.

“With the senior population continuing to grow and new supply remaining constrained, demand for high-quality skilled nursing facilities is stronger than ever,” said Joshua Rosen, Senior Managing Director of FHA Finance at Walker & Dunlop. “We’re proud to help our client secure long-term, fixed-rate HUD financing on six properties totaling 380 nursing care units, reflecting both the strength of the market and our team’s expertise in complex healthcare real estate transactions.”

The Seniors Housing and Skilled Nursing sector continues to show resilience, supported by increasing demand from an aging population and a limited construction pipeline, which has remained subdued since 2021.

“}]]