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MBA’S CREF 2015

January 30, 2015

Attending MBA’S CREF Multifamily Housing Convention & Expo February 1-4 in San Diego, CA? Love Funding’s Executive Management team and Love Wholesale look forward to seeing you there!

Look for us at the FHA Regional Councils Meeting on Sunday, February 1 and the Multifamily Council Meeting on Monday, February 2. Or contact us today to set up a meeting in our suite.

To learn more about Love Wholesale, visit our website or contact Director David Opalek.

Love Funding’s Artin Anvar Secures $13.6 Million HUD Refinancing Loan for Multifamily Affordable Senior Living Facility in Los Angeles

January 28, 2015

Sunset-Normandie-TowersLove Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $13.6 million refinancing loan for Sunset Normandie Towers, a 148-unit Section 8 senior living facility in Los Angeles, California.

The financing was secured by Senior Director Artin Anvar of Love Funding’s Washington, D.C. office through the U.S. Department of Housing and Urban Development’s Section 223(f) loan insurance program. Using the program enabled the borrower to lock in a low, fixed interest rate and allowed Sunset Normandie to take a significant amount of equity from the loan.
Continued…

Love Funding Helps Oregon Hospital Save $145,000/Year

January 22, 2015

Santiam-Memorial-HospitalLove Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $27.1 million  refinancing loan for Santiam Memorial Hospital, a 40-bed acute-care hospital in Stayton, Oregon.

The financing was secured by Love Funding’s Matthew Andrea and Steven Hunt through the U.S. Department of Housing and Urban Development’s Section 242/223(a)(7) loan insurance program. Using the program, which is for the refinancing of hospital loans already in HUD’s portfolio, enabled the borrower to lock in a low, fixed interest rate for the remaining 22 1/2 years of the term of the existing loan.
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Love Funding Secures Financing for Historic Praetorian Building in Waco, Texas

January 7, 2015

Praetorian-BuildingLove Funding, one of the nation’s leading providers of FHA multifamily and healthcare financing, announced the closing of a $1.52 million loan refinancing for The Praetorian Building, a historic mixed-use building in downtown Waco, Texas.

Senior Director Tammy Tate of Love Funding’s Knoxville office secured the financing through the U.S. Department of Housing and Urban Development’s 223(f) loan insurance program. Using the program enabled the borrower, Ellis Isle Equities LLC, to consolidate two existing loans into low-rate, non-recourse financing that is fixed for a 35-year term.
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NLHA Mid-Year Membership Meeting

January 7, 2015

Look for Love Funding Senior Director William E. Jones, Jr. and Director Matthew Meskill at the National Leased Housing Association’s Mid-Year Membership Meeting February 4-6, 2015 in Naples, FL. Stop by our booth to meet Bill and Matt and discuss how we can best serve your affordable housing financing needs.

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MBA’S CREF 2015

Attending MBA’S CREF Multifamily Housing Convention & Expo February 1-4 in San Diego, CA? Love Funding’s Executive Management team and Love Wholesale look forward to seeing you there! Look for us at the FHA Regional Councils Meeting on Sunday, February 1 and the Multifamily Council Meeting on Monday, February 2. Or contact us today to set up a meeting in our suite. To learn more […]

NLHA Mid-Year Membership Meeting

Look for Love Funding Senior Director William E. Jones, Jr. and Director Matthew Meskill at the National Leased Housing Association’s Mid-Year Membership Meeting February 4-6, 2015 in Naples, FL. Stop by our booth to meet Bill and Matt and discuss how we can best serve your affordable housing financing needs.

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