$3,000,000 Refinance of Palmstown Manor Senior Living

HFC proudly announces the settlement of a term loan for Palmstown Manor Senior Living located in Palmyra, Pennsylvania.  This new “state of the art” assisted living community has 33 units, with 7 units dedicated to memory care, and is halfway through its fill-up. HFC’s financing solution allowed the Owner to realize approximately $500,000 in new capital while repaying his construction loan and lowering his overall monthly debt service payment. Serving as the […]

$4,240,000 Construction Loan and $190,000 FFE Loan for Bryson Senior Living, an Assisted Living Facility

HFC announces the December 2016 closing of a conventional construction financing for the development of Bryson Senior Living, an assisted living facility located in Swain County, North Carolina. The construction loan for Bryson City is $4,240,000 and is accompanied by a $190,000 note for furniture, fixtures, and equipment. This assisted living facility will have 33 units with […]

$22,657,598 Construction Loan for Indigo Hall, an Assisted Living and Memory Care Facility

HFC announces the November 2016 closing of a conventional construction financing for the development of Indigo Hall, a state of the art assisted living facility, located in the James Island section of Charleston, South Carolina. The construction loan for Indigo Hall is $22,657,598. This assisted living facility will have 156 units, 40 of which will be on […]

$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.

$11,500,000 Refinance for Runk & Pratt of Lynchburg

HFC proudly announces the November 30, 2015 settlement of a conventional loan for Runk & Pratt of Lynchburg located in Lynchburg, Virginia.  R & P Lynchburg, LP and Runk & Pratt Health Care Enterprises, Inc. refinanced this high quality 80 bed assisted living facility with traditional bank financing, and lowered their effective interest rate from 5.93%  fixed to a […]

$11,775,000 Refinance for Smith Mountain Lake Retirement Village

HFC proudly announces the November 30, 2015 settlement of a conventional loan for Smith Mountain Lake Retirement Village located in Hardy, Virginia.  R & P SML Facility, LLC and Runk & Pratt of Smith Mountain Lake, Inc. refinanced this high quality 80 bed Assisted Living and Memory Care Facility with traditional bank financing, and lowered their […]

$4,438,000 Acquisition and Construction Loan for Gardens of Pamlico

HFC announces the November 3, 2015 settlement of a conventional financing for the acquisition and expansion of Gardens of Pamlico Assisted Living Facility located in Grantsboro, North Carolina.  The loan consisted of purchase money of $2,390,968 and a construction loan portion of $2,047,032.  Grantsboro Propco Holdings LLC purchased the existing 40 bed assisted living/memory care […]

$5,023,332 Construction Financing

HFC announces the April 2015 closing of a conventional construction financing for the development of Rose Glen Manor Assisted Living in North Wilkesboro, North Carolina.  HFC served as financing advisor and additionally facilitated the closing of $1,950,000 in secondary subordinated financing.  Construction is in progress and completion is expected by March 2016 on this 60 […]

$4,960,000 Conventional Acquistion Financing

HFC congratulates Wilkesboro Health Investors, LLC on their purchase of Rose Glen Village Independent Living Facility in Wilkesboro, North Carolina.  This 100 unit senior independent apartment complex has been managed by Wilkesboro’s affiliate Meridian Senior Living since 2004.  HFC serving as financing advisor, arranged the $4,960,000 conventional acquisition financing and assisted with the secured subordinated […]