$4,080,000 Acquisition and Renovation Loan for Woodlands Place, an Assisted Living and Memory Care Property

HFC proudly announces the settlement of a conventional loan for the acquisition and renovation of Woodland Place, an assisted living and memory care facility located in Greensboro, NC.  This 96 bed facility was purchased with plans to perform $1,300,000 in renovations to modernize the building.  This $4,080,000 loan accrues interest at LIBOR + 3%, floating.

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