HFC is proud to announce the closing of a $15,924,200 HUD 232/223(f) program loan for Runk and Pratt’s Pearls of Life. This state of the art memory care facility is located in Lynchburg, Virginia and is licensed for 84 beds. This non-recourse loan bears a 35 year fixed rate of 2.82% plus MIP, a 1% […]
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 […]
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, […]
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 […]
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 […]