Sale of Mayfair House Assisted Living

HFC congratulates Mayfair Manor, Inc on the sale of it’s assisted living facility located in Portsmouth, VA. Mayfair has a license for 55 beds, and will continue to run as an assisted living facility under the new owner. HFC provided advisory services regarding options for achieving Mayfair’s business plan and further negotiated the restructuring of […]

$13,168,000 HUD A7 Loan Closing of Runk and Pratt at Leesville Road

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 […]

$13,207,900 HUD A7 Loan Closing for Runk and Pratt of Forest

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, […]

$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 […]

Mountainside Senior Living in Crozet, VA

HFC congratulates the Jefferson Area Board of Aging (“JABA”) on the completion of its agreement with English Meadows to lease and purchase Mountainside Senior Living, a 74-unit Senior Care Facility in Crozet, Virginia. HFC acted as consultant to the Owner, JABA, in identifying a qualified senior care provider for its property as part of JABA’s […]