$4,080,000 Acquisition and Renovation Loan for Woodlands Place, an Assisted Living and Memory Care Property

HFC proudly announces the settlement of a conventional loan for the acquisition and renovation of Woodland Place, an assisted living and memory care facility located in Greensboro, NC.  This 96 bed facility was purchased with plans to perform $1,300,000 in renovations to modernize the building.  This $4,080,000 loan accrues interest at LIBOR + 3%, floating.

$2,200,000 Refinance of Rose Tara Plantation

HFC proudly announces the settlement of a conventional loan for Rose Tara Plantation located in King, NC.  Rose Tara, a facility specializing in providing services for memory care residents, refinanced this 57 bed property with commercial bank financing at a fixed rate of 5%.  HFC served as financing advisor locating the lender, negotiating loan terms, and assisting with settlement.  For more information on this […]