Love Funding Highlights
Love Funding, Washington, D.C., closed three loans totaling $16.7 million for senior care facilities in Utah, Maryland and New Jersey. Love Funding Senior Director Laura Saull-Smith obtained the loans through HUD’s loan insurance programs for healthcare facilities. Learn more.
We are excited to see that Lucas Place Lofts is nearly finished! Love Funding provided $20.5 million in financing to convert this historic building into market-rate lofts. Check out this article published in the Kansas City Star.
In recent years, multifamily and healthcare property developers have flocked to loan-insurance programs run by HUD as traditional financing options first became scarce and then failed to rebound from pre-crisis levels. With thorough preparation, commercial mortgage brokers can avoid unpleasant surprises that often lead to delays in funding. Learn more.