HFC proudly announces the closing of a $34,700,000 commercial loan for the construction of Fieldstone at Chester Springs, a Vantage Point Retirement Living Community. Fieldstone will consist of 106 premium, independent living, assisted living, and memory care units in Chester Springs, Pennsylvania.
The loan represented 75% loan to cost, at a floating rate of SOFR plus 250 bp. HFC sourced the lender and assisted in underwriting and closing.
For more information on this Vantage Point project, please go to www.fieldstonelife.com.