May is here! Whether it’s participating in deals, attending trainings, or leveraging new tools, we’re excited about what’s ahead—and grateful to have you as part of it.

We’re excited to share a recently closed participation deal supporting a Michigan senior living facility. This complex transaction brought together six credit union and bank partners and is backed by both corporate and personal guarantees. The structure includes 24 months of interest-only payments, transitioning into a fully amortizing schedule over 300 months. The loan was priced at the 5-year Treasury plus 300 basis points, resulting in a 6.60% fixed rate. Interested in deals like this? Element 22 is here to help you access, structure, and scale your participation lending strategy.

Big things are on the horizon. We’re preparing to launch our completely transformed loan participation portal, designed to enhance access, improve efficiency, and support your lending strategy like never before. Be sure to check out the demo video below to get a preview of what’s coming: https://vimeo.com/1189472599/9d3dcfbc64?fl=pl&fe=sh

We loved connecting with so many of you at our recent Open House! It was a great opportunity to welcome clients and community partners into our new space, and we’re looking forward to hosting more events and continuing those conversations.