HFC proudly announces the closing of a $34,700,000 loan refinancing Meadowcrest at Middletown, a Vantage Point Retirement Living Community. This BEAUTIFUL 132-unit community has a mix of independent living, assisted living, and memory care. The loan represented 75% loan to value, at a floating rate of SOFR plus 350 bp. HFC sourced the lender and […]
Tag Archives: Financing
$34,500,000 Term Loan and $1,000,000 Line of Credit for Arcadia at Limerick Pointe
HFC proudly announces the closing of a $34,500,000 Term Loan and $1,000,000 Line of Credit for Arcadia at Limerick Pointe. This 160-unit, independent/assisted living/memory care community is located in Montgomery County, Pennsylvania. Arcadia was facing maturity of its construction loan without the option to extend. HFC located the source that offered a 5-year term with 2 […]
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 […]