Assisted Living Facilities (ALFs) are commercial real estate which provide senior housing and human services which allow the residents to maintain a level of independence while having supplementary services available at their disposal for activities of daily life, e.g. bathing, dressing, grooming, etc. These properties are often developed into an apartment hotel format with varying levels of housing amenities, maintenance and healthcare provided within the facility. This commercial real estate property type has a growing market driven by our aging population and increased life expectancy of this demographic still seeking to maintain a desired level of independence as long as possible. There are lenders interested in this commercial real estate property type and provide funding for purchasing, refinancing and new construction with attractive rates and terms.