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 […]
HFC congratulates Rose Hill Management, LLC (“RHM”) on the sale of two of five HeartHomes Facilities, located in Baltimore County and Anne Arundel County, MD. HeartHomes Lutherville and HeartHomes Linthicum each have 32 assisted living beds, 16 of which are Memory Care. HeartHomes is well known for its high quality resident care and devoted staff. […]
HFC congratulates Birchwood Health Care Properties on the purchase of Quail Run Assisted Living, a 64 unit assisted living and memory care project, located in Perry Hall, Maryland. Birchwood plans to invest approximately $1,000,000 into the renovation of the 4 buildings currently on the Quail Run campus. HFC sourced the financing for the acquisition, assisted […]
HFC proudly announces the $6,100,000 refinance and construction loan settlement for G.C. Healthcare Inc., owner of Egle Nursing and Rehabilitation Center in Lonaconing, MD. The addition will be a 16-unit assisted living wing offering specialized care to those suffering from Alzheimer’s and other dementia issues. The new wing is expected to open in the Fall of […]
HFC congratulates Affinity Living Group on the purchase of Rosemary Rest Home located in Rose Hill, North Carolina. Affinity plans to take this successful existing 45 bed assisted living facility and renovate it, to offer this rural community a well appointed quality home for it’s residents . HFC sourced the financing for the acquisition, negotiated […]
HFC is proud to have assisted Affinity Living Group in its acquisition of Autumn Wind of Roseboro Assisted Living located in Roseboro, North Carolina. Approximately 23 miles southeast of Fayetteville, Autumn Wind is a 40 licensed bed assisted living facility. HFC arranged the financing for the acquisition, negotiated loan terms, and assisted with the closing […]
HFC congratulates Raffel Senior Housing, LLC on the sale of Milford Manor Nursing and Rehabilitation Center to Autumn Lake Healthcare. Milford Manor is a 100 bed skilled nursing facility located in Pikesville, MD, and is one of only 3 kosher nursing facilities in Maryland. Ted Shields, Vice President/ General Counsel took the lead on advising the Sellers resulting in the […]
HFC announces the recent closing of the construction loan financing for Winchester House Assisted Living Home located in Mills River, North Carolina. This senior retirement facility will contain 55 units consisting of 47 private units and 8 semi- private units. Its opening is scheduled for March 2018. The project will be developed by Directed Capital and will be managed by […]
HFC announces the recent closing of the construction loan financing for The Retreat at Lady’s Island, Beaufort, South Carolina. This 83 bed licensed senior retirement facility contains 59 standard assisted living beds and 24 memory care beds. Its opening is scheduled for February 2018. The project will be developed by Connexion Senior Living and will be managed by Affinity Living […]