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 […]

$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, […]

$5,510,000 HUD 232 Scattered Site Loan Closing for HeartHomes Assisted Living

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 […]

$5,500,000 Loan for the Refinance of Meadows of Rockwell

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, […]

$9,393,443 Construction Loan for Swansboro House

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 […]