$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 […]

$15,350,000 Acquisition Loan for the Pearls of Life Memory Care Facility

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 […]

$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, […]

$9,393,443 Construction Loan for Swansboro House

HFC announces the recent closing of the construction loan financing for Swansboro House in Onslow County, North Carolina. This facility will have 80 licensed beds, with 24 beds being Secured Assisted Living. This secure area will feature specialized programs and services for residents diagnosed with Alzheimer’s or other forms of dementia. Swansboro is set to […]

$20,200,000 Construction Financing and $1,000,000 Line of Credit for The Lodge at Truitt Homestead

HFC announces the closing of a conventional construction financing for the development of The Lodge at Truitt Homestead, a state of the art senior independent living facility, located in Rehoboth Beach, Delaware. The construction loan for The Lodge At Truitt Homestead is $20,200,000 with an additional $1,000,000 revolving line of credit. This unique Independent Living Community […]

$6,130,000 Loan for the Acquisition and Renovation of Quail Run Assisted Living

HFC congratulates Birchwood Health Care Properties on the purchase of Quail Run Assisted Living, a 64 unit assisted living and memory care project, located in Perry Hall, Maryland. Birchwood plans to invest approximately $1,000,000 into the renovation of the 4 buildings currently on the Quail Run campus. HFC sourced the financing for the acquisition, assisted […]

$6,100,000 Refinance and Expansion of Egle Nursing and Rehabilitation Center

HFC proudly announces the $6,100,000 refinance and construction loan settlement for G.C. Healthcare Inc., owner of Egle Nursing and Rehabilitation Center in Lonaconing, MD. The addition will be a 16-unit assisted living wing offering specialized care to those suffering from Alzheimer’s and other dementia issues. The new wing is expected to open in the Fall of […]

$2,025,000 Loan for the Acquisition and Renovation of Rosemary Rest Home

HFC congratulates  Affinity Living Group on the purchase of Rosemary Rest Home located in Rose Hill, North Carolina. Affinity plans to take this successful existing  45 bed assisted living facility and renovate it,  to offer this rural community a well appointed quality home for it’s residents . HFC sourced the financing for the acquisition, negotiated […]