COLUMBUS, Ohio--(BUSINESS WIRE)--Seniors housing and healthcare lender VIUM Capital (“VIUM”) 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.
"What a year. Launching on April Fools’ Day during a pandemic will be forever memorable,” shared Kennedy. “We knew we were going to become a force in the sector, but the speed of our ramp up exceeded even our own high expectations.”
VIUM partnered with a Midwestern-based bank to provide efficient and consistent private label bridge debt, a part of its platform the co-founders viewed as critical. “We were very intentional about building our platform,” said Matt. “We wanted to provide our clients an array of short-term and long-term debt funding options while being agnostic about the most suitable solution.”
In addition to providing FHA/HUD and bridge financing, VIUM partnered with a large Midwestern-based GSE lender to provide FNMA and Freddie funding. The firm is also licensed with the SEC to provide municipal advisory services for its clients seeking access to the tax-exempt markets.
Above all, Kennedy and Matt are thankful for their long-time clients and their team. “We are blessed to have wonderful clients who have been so supportive of what we are building,” commented Kennedy. “We are forever grateful for their support, particularly during this unique first year.”
Matt continued, “We are able to execute for those clients thanks to our strong team, which includes a diverse group of talented men and women from various backgrounds. Several of them have deep experience in the seniors housing and healthcare sector, including FHA/HUD 232 LEAN financing.”
VIUM Capital is based in Columbus, OH and is privately owned and controlled. Municipal advisory services for tax-exempt issuers are provided through the firm's wholly owned subsidiary, VIUM Capital MA, LLC. The company can be reached at viumcapital.com.