HFC is proud to announce the closing of a $750,000 Line of Credit for Diamond Medical Laboratories. The Company offers high quality, cost effective mobile phlebotomy and laboratory healthcare services to Maryland and the Washington DC area. Diamond Medical Laboratories is on the front lines of COVID-19 testing and has administered thousands of tests to […]
Author Archives: HFC
$13,207,900 HUD A7 Loan Closing for Runk and Pratt of Forest
HFC is proud to announce the closing of a $13,207,900 HUD A7 loan for Runk and Pratt of Forest. Located in Forest, Virginia, this memory care facility is licensed for 84 beds. This non-recourse loan bears a 35 year fixed rate of 2.63% plus MIP. HFC sourced the lender, acted as advisor to the borrower, […]
$18,956,000 Fannie Mae Loan Closing for Runk and Pratt of Smith Mountain Lake
HFC is proud to announce the closing of a $18,956,000 loan for the refinancing of Runk and Pratt of Smith Mountain Lake through the Fannie Mae Program. This state of the art senior living community is located in Hardy, Virginia and is licensed for 115 beds that cater to assisted living and memory care. This […]
$5,510,000 HUD 232 Scattered Site Loan Closing for HeartHomes Assisted Living
HFC is proud to announce the closing of a $5,510,000 permanent loan for the refinancing of HeartHomes Assisted Living. HeartHomes has three facilities located in Anne Arundel County, Maryland with a total of 64 units. The financing was executed through the HUD 232 Scattered Site loan guarantee program. This non-recourse loan bears interest at a […]
$15,350,000 Acquisition Loan for the Pearls of Life Memory Care Facility
The HFC Team congratulates Runk and Pratt Senior Living Communities on the acquisition of the beautiful Pearls of Life Memory Care Facility located in Lynchburg, Virginia. Pearls of Life at Liberty Ridge, first opened in November 2017, contains 78 units. Runk and Pratt has operated the property since inception. This modern Memory Care facility boasts […]
$5,500,000 Loan for the Refinance of Meadows of Rockwell
HFC proudly announces the conventional loan settlement of the Meadows of Rockwell located in Rockwell, NC. Meadows is a 120 licensed bed facility that is providing quality care to seniors located in Rowan County. HFC served as the financing advisor locating the lender, negotiating loan terms which significantly increased the Borrower’s access to additional capital, […]
$8,500,000 Senior Debt and $2,500,000 Mezzanine Debt for the Acquisition of The Cottages of Perry Hall
HFC congratulates Charter Senior Living for their recent purchase of The Cottages of Perry Hall. This assisted living facility located in the heart of Baltimore County, MD has 64 units, with 16 units dedicated to Memory Care. Charter Senior Living is a family owned and operated company with an outstanding reputation for quality care. HFC […]
$9,393,443 Construction Loan for Swansboro House
HFC announces the recent closing of the construction loan financing for Swansboro House in Onslow County, North Carolina. This facility will have 80 licensed beds, with 24 beds being Secured Assisted Living. This secure area will feature specialized programs and services for residents diagnosed with Alzheimer’s or other forms of dementia. Swansboro is set to […]
Mountainside Senior Living in Crozet, VA
HFC congratulates the Jefferson Area Board of Aging (“JABA”) on the completion of its agreement with English Meadows to lease and purchase Mountainside Senior Living, a 74-unit Senior Care Facility in Crozet, Virginia. HFC acted as consultant to the Owner, JABA, in identifying a qualified senior care provider for its property as part of JABA’s […]
Sale of Palmstown Manor Senior Living Community
HFC congratulates Palmstown Manor, LLC on the sale of their facility located in Palmyra, Pennsylvania. Palmstown Manor Senior Living Community has 36 personal care beds, with 7 beds dedicated to memory care. This beautiful facility, formerly a church, was converted into an personal care community in 2013. HFC assisted with identifying the buyer and negotiating […]