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 Hampton Manor on the closing of a $2,100,000 increase on their existing $10MM construction loan for their Assisted Living Facility located in Williamsburg, VA. This 87-unit Facility will have 30 units dedicated to Memory Care. The Community will open in the first quarter of 2024. HFC negotiated the increase needed to cover additional […]
Health Financing Consultants is proud to announce the closing of a loan for Columbia Cottage of Wyomissing, located in Reading, PA. The principal amount of this 5-year term loan was $6,350,000 with a fixed interest rate of 6.35%. HFC located the lender, negotiated pricing and repayment terms, and worked with the appraiser and Bank legal […]
HFC is proud to announce the closing of a refinance for Twin Cedar Assisted Living in Shohola, PA. The principal amount of this loan is $5,100,000 with a 25-year amortization period. The new term loan paid off a floating rate SBA loan. The new loan rate was fixed at 6.75% for 5 years. HFC sourced […]
Health Financing Consultants is proud to announce the closing of Caraway Manor, a 32-bed assisted living facility located in Elkton, Maryland. Caraway Manor received a $2,400,000 loan with a fixed interest rate of 6.75%. HFC sourced the acquisition loan, assisted with organizational documentation and helped negotiate loan terms.