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 care  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 […]

$750,000 Line of Credit for Diamond Medical Laboratories

HFC is proud to announce the closing of a $750,000 Line of Credit for Diamond Medical Laboratories. The Company offers high quality, cost effective mobile phlebotomy and laboratory healthcare services to Maryland and the Washington DC area. Diamond Medical Laboratories is on the front lines of COVID-19 testing and has administered thousands of tests to […]

$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 […]

Mountainside Senior Living in Crozet, VA

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 […]

$20,200,000 Construction Financing and $1,000,000 Line of Credit for The Lodge at Truitt Homestead

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 […]

$6,100,000 Refinance and Expansion of Egle Nursing and Rehabilitation Center

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 […]