For years HFC has supported the availability of quality senior living communities in Crozet, VA and specifically this assisted living community. In 2017, HFC was engaged to advise the Jefferson Area Board of Aging (JABA) in selling the property to a qualified senior housing operator. English Meadows Senior Living (EMSL) was the perfect match as […]
HFC is pleased to announce the closing of a refinancing of Willow Ridge for Runk & Pratt Senior Services in Lynchburg, VA. HFC sourced the lender on this transaction as well as assisting with negotiation of terms and the closing process. Proceeds from this loan were used to refinance the original loan used for the […]
HFC is proud to announce the closing of a $12,750,000 term loan for The Inn at Fountain Park in Bryan, Ohio. Premier Senior Living approached HFC with a request to refinance three HUD financed assisted living facilities. The purpose of the request was to generate enough capital for Premier to execute on purchase agreements for […]
HFC proudly announces the closing of a $10,521,700 loan refinancing the Cottages of Perry Hall, a Charter Senior Living Community. This loan was closed through the HUD 232/233(f) program which offers 35 year fixed rates and no calls. This loan has an interest rate of 5.7% plus MIP. HFC compiled the application, assisted in underwriting, […]
HFC congratulates RenCare Solutions on the refinance of Jonas Ridge Assisted Living. This 57-bed facility is located in Jonas Ridge, North Carolina and has a loan amount of $3,000,000 with a floating interest rate. HFC acted as an advisor to the refinance, sourced the lender, and assisted with closing.
HFC is proud to announce the closing of Columbia Cottages of Hanover, a Horst Senior Care Property. This $7,000,000 refinance has a 75% loan to value and carries a 5 year fixed rate of 5.25%. The financing was closed in two months. HFC sourced the lender, acted as an advisor to the deal, and assisted […]
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 […]
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 […]
HFC proudly announces the conventional loan settlement of the Meadows of Rockwell located in Rockwell, NC. Meadows is a 120 licensed bed facility that is providing quality care to seniors located in Rowan County. HFC served as the financing advisor locating the lender, negotiating loan terms which significantly increased the Borrower’s access to additional capital, […]
HFC proudly announces the conventional loan settlement of Hope Springs Assisted Living located in Red Springs, NC. Hope Springs is a 63 licensed bed facility that is providing quality care in Robeson county. HFC served as the financing advisor locating the lender, negotiating loan terms which significantly lowered the Borrower’s interest rate, and assisting with […]