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 […]
Tag Archives: Refinance
$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 […]
$5,500,000 Loan for the Refinance of Meadows of Rockwell
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, […]
$2,630,000 Refinance of Hope Springs Assisted Living
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 […]
$4,300,000 Refinance of Holden Heights Assisted Living
HFC proudly announces the conventional loan settlement of Holden Heights, located in Greensboro, NC. Holden Heights is a 96 licensed bed facility with 32 beds dedicated to memory care. HFC served as the financing advisor locating the lender, negotiating loan terms, and assisting with settlement. For more information on the property please visit Affinity Living […]
$3,000,000 Refinance of Palmstown Manor Senior Living
HFC proudly announces the settlement of a term loan for Palmstown Manor Senior Living located in Palmyra, Pennsylvania. This new “state of the art” assisted living community has 33 units, with 7 units dedicated to memory care, and is halfway through its fill-up. HFC’s financing solution allowed the Owner to realize approximately $500,000 in new capital while repaying his construction loan and lowering his overall monthly debt service payment. Serving as the […]
$13,200,000 HUD Loan Closing for Runk & Pratt of Forest, located in Forest, Virginia
HFC is proud to announce the closing of a $13,200,000 permanent loan for the refinancing of Runk and Pratt of Forest. Runk & Pratt of Forest is a 76 bed assisted living facility, adjacent to Lynchburg in Bedford County, Virginia that specializes in the care of elderly residents with Alzheimer’s disease or other memory impairments. The financing […]
$2,200,000 Refinance of Rose Tara Plantation
HFC proudly announces the settlement of a conventional loan for Rose Tara Plantation located in King, NC. Rose Tara, a facility specializing in providing services for memory care residents, refinanced this 57 bed property with commercial bank financing at a fixed rate of 5%. HFC served as financing advisor locating the lender, negotiating loan terms, and assisting with settlement. For more information on this […]