HFC is pleased to announce the acquisition of operations for Palmyra Heritage House located in Palmyra, Pennsylvania to Culture Care Senior Living. Culture Care adds Palmyra Heritage to its existing Pennsylvania senior housing properties, Twin Cedars in Shohola and Briarwood Senior Living in Newfoundland. HFC provided advisory services in connection with the successful negotiation of […]
HFC congratulates Pleasant View Nursing Home of Mount Airy, Inc on the sale of it’s Skilled Nursing Home facility located in Mt. Airy, Maryland. Pleasant View has a license for 104 beds and will continue to run as a Skilled Nursing Facility under the new owner. HFC assisted with identifying the buyer and negotiating the […]
HFC congratulates Mayfair Manor, Inc on the sale of it’s assisted living facility located in Portsmouth, VA. Mayfair has a license for 55 beds, and will continue to run as an assisted living facility under the new owner. HFC provided advisory services regarding options for achieving Mayfair’s business plan and further negotiated the restructuring of […]
HFC congratulates Carolina Alliance for Residential Excellence, LLC (C.A.R.E) on the purchase of Brookstone Haven of Star, a 54 unit assisted living and memory care community, located in Star, NC. HFC sourced the financing for the acquisition, assisted in negotiating loan terms, and expedited the loan closing process. For more information about C.A.R.E, please visit […]
HFC is proud to announce the closing of a $15,924,200 HUD 232/223(f) program loan for Runk and Pratt’s Pearls of Life. This state of the art memory care facility is located in Lynchburg, Virginia and is licensed for 84 beds. This non-recourse loan bears a 35 year fixed rate of 2.82% plus MIP, a 1% […]
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 […]
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 […]
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, […]
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 […]
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 […]