HFC proudly announces the closing of a $34,500,000 Term Loan and $1,000,000 Line of Credit for Arcadia at Limerick Pointe. This 160-unit, independent/assisted living/memory care community is located in Montgomery County, Pennsylvania. Arcadia was facing maturity of its construction loan without the option to extend. HFC located the source that offered a 5-year term with 2 […]
HFC congratulates Hampton Manor on the closing of a $2,100,000 increase on their existing $10MM construction loan for their Assisted Living Facility located in Williamsburg, VA. This 87-unit Facility will have 30 units dedicated to Memory Care. The Community will open in the first quarter of 2024. HFC negotiated the increase needed to cover additional […]
Health Financing Consultants is proud to announce the closing of a loan for Columbia Cottage of Wyomissing, located in Reading, PA. The principal amount of this 5-year term loan was $6,350,000 with a fixed interest rate of 6.35%. HFC located the lender, negotiated pricing and repayment terms, and worked with the appraiser and Bank legal […]
HFC is proud to announce the closing of a refinance for Twin Cedar Assisted Living in Shohola, PA. The principal amount of this loan is $5,100,000 with a 25-year amortization period. The new term loan paid off a floating rate SBA loan. The new loan rate was fixed at 6.75% for 5 years. HFC sourced […]
HFC is proud to announce the closing of a $14,150,000 construction loan for the development of Hampton Manor of Chesapeake. Hampton Manor will be a premiere assisted living facility offering 97 units in Chesapeake, Virginia. The developer, Shahid Imran of Build Senior Living, will also own and operate this community, his third in the state […]
Health Financing Consultants is proud to announce the closing of Caraway Manor, a 32-bed assisted living facility located in Elkton, Maryland. Caraway Manor received a $2,400,000 loan with a fixed interest rate of 6.75%. HFC sourced the acquisition loan, assisted with organizational documentation and helped negotiate loan terms.
HFC is proud to announce the closing of Columbia Cottages of Hanover, a Horst Senior Care Property. This $7,000,000 refinance has a 75% loan to value and carries a 5 year fixed rate of 5.25%. The financing was closed in two months. HFC sourced the lender, acted as an advisor to the deal, and assisted […]
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 […]
HFC congratulates Greenfield Senior Living and Woodstock Reflections on the $4,800,000 refinance of their 27 unit, 34 bed memory care facility located in Woodstock, Virginia. The loan has a 5-year fixed rate of 5.25%. HFC located the lender, assembled the loan application, and assisted with closing.
HFC is proud to announce the closing of a $10,000,000 construction loan for Hampton Manor of Williamsburg. This premier assisted living and memory care facility is located in Williamsburg, VA with 91 units. HFC sourced the lender, acted as advisor to the borrower, and expedited the approval and closing of the transaction.