April 20, 2016
Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of two loans totaling $7.4 million to refinance the debt of three market-rate apartment communities in Missouri and Illinois.
The properties refinanced are Mississippi Lofts, a 36-unit loft community housed in a fully rehabilitated former shoe factory in the Lafayette Square neighborhood of the City of St. Louis; Bradford Place, a 68-unit garden-style apartment community in Belleville, Illinois; and Ansley Oaks, a 69-unit garden-style apartment community in O’Fallon, Illinois.
April 11, 2016
Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $17.8 million loan for the construction and permanent financing of Heritage Oaks Assisted Living and Memory Care, a proposed healthcare facility in Englewood, Florida.
Financing for this project was secured by Love Funding Senior Director Tammy Tate through the U.S. Department of Housing and Urban Development’s Section 232 loan insurance program. The program provided the development team with low-rate, non-recourse financing for the duration of construction and for a subsequent 40-year term.
April 10, 2016
Holly Bray and David Strachan will be exhibiting at the upcoming AHF Live Forum May 9-11 in Arlington, VA. Stop by our booth to discuss your financing needs with our affordable experts.
April 10, 2016
Senior Director of Hospital Finance Steven Hunt will be attending the DHG Healthcare Symposium May 4-6, 2016 in Orlando, FL. Look for Steve at the symposium to discuss your financing needs. Learn more about our hospital finance programs here.