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Leonard A. Lucas


Senior Director
 | Boston

Leonard Lucas

Mr. Lucas joined Love Funding in 1998 and is based in Boston, Massachusetts. As senior director, he has consistently been named a top producer for Love Funding. Mr. Lucas originates direct loans for Love Funding in its capacity as an FHA MAP and LEAN lender. He also advises borrowers in all sectors of the senior housing industry: age-restricted apartments, independent living, assisted living and skilled nursing as to the type of financing vehicle best suited to meet the borrower’s immediate needs. In those situations where an FHA execution is not the most appropriate, he relies upon his extensive knowledge of senior housing financing vehicles and lenders to place the loan with the appropriate lender.

Mr. Lucas is an executive board member of the American Senior Housing Association and serves as an advisory board member to NIC’s Skilled Nursing Investment Forum. He has twice been featured as a speaker at the LTC 100 and the NIC Skilled Nursing Investment Forum. Mr. Lucas is a member of the Massachusetts Bar and holds a J.D. from the New England School of Law and a Bachelor of Arts (economics) from Kenyon College.

Sample List of Closings

Project Name State Loan Amount Loan Type Financing
La Estancia Puerto Rico $2,207,100 Affordable 223(a)(7)
Whitcomb House Massachusetts $7,860,000 Healthcare 232/223(f)
St. Alfio’s Villa Massachusetts $2,900,000 Affordable 223(a)(7)
New Jersey Portfolio New Jersey $118,500,000 Healthcare 232/223(f)
Geer Woods Nursing & Rehab Connecticut $21,946,900 Healthcare 232/223(a)(7)
Schooner Estates Maine $10,540,700 Healthcare 232/223(a)(7)
Woodycrest Courts II New York $1,490,000 Affordable M2M
Maplecrest Rehabilitation and Living Center Maine $2,082,500 Healthcare 232/223(a)(7)
Borderview Rehabilitation and Living Center Maine $4,706,900 Healthcare 232/223(a)(7)
Courtland Rehabilitation and Living Center Maine $2,686,000 Healthcare 232/223(a)(7)
Edgewood Rehabilitation and Living Center Maine $2,584,000 Healthcare 232/223(a)(7)
Heritage Living and Rehabilitation Center Maine $1,997,500 Healthcare 232/223(a)(7)
Rosewood Manor Rest Home Maine $3,400,000 Healthcare 232/223(a)(7)
Sonogee Rehabilitation and Living Center Maine $4,301,000 Healthcare 232/223(a)(7)
Somerset Rehabilitation and Living Center Maine $1,487,500 Healthcare 232/223(a)(7)
Southridge Rehabilitation and Living Center Maine $5,950,000 Healthcare 232/223(a)(7)
Orchard Park Rehabilitation & Living Center Maine $3,451,000 Healthcare 232/223(a)(7)
Emerald Park Retirement Center Florida $7,200,000 Healthcare 232/223(a)(7)
Fallbrook Woods Maine $5,280,000 Healthcare 232/223(f)
Round Hill Baptist Housing for the Elderly Puerto Rico $3,829,500 Affordable 202/223(f)
Gardiner Health Care Facility Maine $1,100,000 Healthcare 232/223(f)
St. Peters Apartments Pennsylvania $4,813,600 Affordable 202/223(f)
Geer Woods Nursing & Rehab Connecticut $21,946,900 Healthcare 232/223(f)
Casa Otonal Connecticut $7,273,000 Affordable 202/223(f)
Casa Edad Connecticut $2,442,000 Affordable 202/223(f)
St. Paul’s Senior Housing Ohio $2,506,000 Affordable 202/223(f)
Russell Park Manor New Hampshire $3,692,500 Healthcare 232/223(f)
Schooner Estates Maine $10,806,600 Healthcare 232/223(f)
Kime Apartments Pennsylvania $2,441,800 Affordable 202/223(f)
St. Alfio’s Villa Massachusetts $3,124,800 Affordable M2M
Birmingham Health Care Connecticut $8,190,000 Healthcare 232