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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
HFC proudly announces the conventional loan settlement of Hope Springs Assisted Living located in Red Springs, NC. Hope Springs is a 63 licensed bed facility that is providing quality care in Robeson county. HFC served as the financing advisor locating the lender, negotiating loan terms which significantly lowered the Borrower’s interest rate, and assisting with […]
HFC announces the closing of a conventional construction financing for the development of The Lodge at Truitt Homestead, a state of the art senior independent living facility, located in Rehoboth Beach, Delaware. The construction loan for The Lodge At Truitt Homestead is $20,200,000 with an additional $1,000,000 revolving line of credit. This unique Independent Living Community […]