Blueprinting HUD: FHA Healthcare Loans, Bridge-to-HUD, and Building a Capital Markets Powerhouse

Ben welcomes longtime friend and Blueprint’s newest leader, Tony Marino to unveil our expanded Capital Markets practice and demystify HUD/FHA financing for healthcare real estate. Tony breaks down why HUD-insured loans are the “last stop on the train” for stabilized nursing homes and seniors housing: long-term, non-recourse, fully amortizing debt with typically lower rates than banks. They dig into how the program actually works (think mortgage insurance, not direct government lending), why it’s crucial for rural and inner-city communities, and what HUD’s new “express” processing can mean for speed to close. From bridge-to-HUD strategies that get deals done today, to programmatic capital that supports emerging operators, Ben and Tony map the practical playbook, relationship-first underwriting, smart interim debt, and a clear path into the HUD “box.” They also share why Blueprint’s pipeline, culture, and vertically integrated team made this the right home for Tony’s next chapter and end with a Daruma-doll promise to turn goals into reality. If you buy, sell, refinance, or operate in healthcare real estate, this one’s your field guide. Connect with Tony Marino here: https://www.linkedin.com/in/tony-marino-7a0965297/