$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 […]

$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 […]

$15,350,000 Acquisition Loan for the Pearls of Life Memory Care Facility

The HFC Team congratulates Runk and Pratt Senior Living Communities on the acquisition of the beautiful Pearls of Life Memory Care Facility located in Lynchburg, Virginia. Pearls of Life at Liberty Ridge, first opened in November 2017, contains 78 units. Runk and Pratt has operated the property since inception. This modern Memory Care facility boasts […]

$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 […]

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 […]

$6,130,000 Loan for the Acquisition and Renovation of Quail Run Assisted Living

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 […]