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 […]
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Refinance of Greenfield Senior Living
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.
$10,000,000 Construction Loan for Hampton Manor of Williamsburg
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.
Lease on Palmyra Heritage House
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 […]
Sale of Pleasant View Nursing Home
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 […]
Sale of Mayfair House Assisted Living
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 […]
$3,650,000 Acquisition Loan of Brookstone Haven of Star Facility
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 […]
$13,168,000 HUD A7 Loan Closing of Runk and Pratt at Leesville Road
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 careĀ 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 […]
$750,000 Line of Credit for Diamond Medical Laboratories
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 […]
$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, […]