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: Independent Living
$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 locatedĀ the source that offered a 5-year term with 2 […]
$34,700,000 Commercial Loan for Fieldstone at Chester Springs
HFC proudly announces the closing of a $34,700,000 commercial loan for the construction of Fieldstone at Chester Springs, a Vantage Point Retirement Living Community. Fieldstone will consist of 106 premium, independent living, assisted living, and memory care units in Chester Springs, Pennsylvania. The loan represented 75% loan to cost, at a floating rate of SOFR […]
$18,956,000 Fannie Mae Loan Closing for Runk and Pratt of Smith Mountain Lake
HFC is proud to announce the closing of a $18,956,000 loan for the refinancing of Runk and Pratt of Smith Mountain Lake through the Fannie Mae Program. This state of the art senior living community is located in Hardy, Virginia and is licensed for 115 beds that cater to assisted living and memory care. This […]
$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 isĀ $20,200,000 with an additional $1,000,000 revolving line of credit. This unique Independent Living Community […]