HFC is proud to announce the closing of a $13,168,000 HUD A7 program loan for Runk and Pratt at Leesville Road. Located in Lynchburg, Virginia, this assisted living and memory care facility is licensed for 94 beds. This non-recourse loan bears a 35 year fixed rate of 3.03%, saving the client over $100,000 annually in debt service. HFC sourced the lender, acted as advisor to the borrower, and expedited the approval and closing of the transaction.
If you would like to learn more information about Runk and Pratt Senior Living Communities please visit their website: https://runkandpratt.com/