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 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 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 Affinity Living Group on the purchase of Davie Place Residential Care, located in Mocksville, North Carolina. Davie place is a 69 licensed bed facility with 50 assisted living beds and 19 memory care beds. HFC arranged the financing for the acquisition, negotiated loan terms, and assisted with the closing process.
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.
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 […]