$22,657,598 Construction Loan for Indigo Hall, an Assisted Living and Memory Care Facility

HFC announces the November 2016 closing of a conventional construction financing for the development of Indigo Hall, a state of the art assisted living facility, located in the James Island section of Charleston, South Carolina. The construction loan for Indigo Hall is $22,657,598. This assisted living facility will have 156 units, 40 of which will be on […]

$4,080,000 Acquisition and Renovation Loan for Woodlands Place, an Assisted Living and Memory Care Property

HFC proudly announces the settlement of a conventional loan for the acquisition and renovation of Woodland Place, an assisted living and memory care facility located in Greensboro, NC.  This 96 bed facility was purchased with plans to perform $1,300,000 in renovations to modernize the building.  This $4,080,000 loan accrues interest at LIBOR + 3%, floating.