“We are very appreciative of the hard work demonstrated by Love Funding on the Bountiful Care Center HUD loan. Their attention to detail and willingness to put forth extra effort proved to be beneficial to the successful closing of our loan. This facility will be a state of the art nursing facility unlike the old nursing home people have been used to. Avalon Healthcare looks forward to providing a high standard of care to the residence of Bountiful in this beautiful new building in the beginning of 2004.”
— Corey Bell, Bountiful Care Center, Bountiful, Utah.
Financing Programs
Recent Healthcare Loan Closings
| Project Name |
Location |
Amount |
Financing |
| Crestfield Rehabilitation Center |
Manchester, CT |
$6,280,000 |
Conventional |
| Egle Nursing Home |
Lonaconing, MD |
$2,413,700 |
232/223(f) |
| MS Portfolio(Five Nursing Home Facilities) |
Mississippi |
$22,762,000 |
Conventional |
| Westview Nursing Home |
Center, MO |
$2,210,000 |
232/223(f) |
| Geer Nursing and Rehabilitation Center |
Canaan, CT |
$21,946,900 |
232/223(f) |
| Veranda/Four Seasons/Waterford Gardens |
Georgia and Idaho |
$16,370,000 |
Conventional |
| Woodlawn Meadows ALF |
Hastings, MI |
$2,981,500 |
232/223(f) |
| Claibourne Hughes Health Center |
Franklin, TN |
$3,884,200 |
232/223(f) |
| AarenBrooke Place ALF |
Boise, ID |
$4,335,000 |
232/223(f) |
| Stonecrest Healthcare |
Viburnum, MO |
$1,870,000 |
232/223(f) |
| Pristine Pines Assisted Living Portfolio |
Sewickley and Wexford, PA |
$13,000,000 |
Conventional |
| Allegro at Fleming Island |
Orange Park, FL |
$8,500,000 |
Conventional |
| Accolade at Fleming Island |
Orange Park, FL |
$11,500,000 |
Conventional |
| Percy Village |
Los Angeles, CA |
$2,275,000 |
Conventional |
| Rambling Oaks |
Oklahoma |
$12,900,000 |
Conventional |
| Russell Park Manor |
Lewiston, ME |
$3,717,800 |
202/223(f) |
| NCR/Wingate Portfolio |
Detroit, MI |
$49,214,739 |
LIHTC |
| Bella Vista ALF |
Bella Vista, AR |
$3,375,000 |
232/221(d)(4) |
| White Oaks Assisted Living Facility |
Lawton, MI |
$2,810,200 |
232/223(f) |
| Geer Senior Housing Complex |
Canaan, CT |
$19,850,000 |
Conventional |
| Good Neighbor Care- Eugene |
Eugene, OR |
$8,000,000 |
Conventional |
| Schooner Estates |
Auburn, ME |
$10,806,600 |
232/223(f) |
| Allegro St. Augustine |
St. Augustine, FL |
$10,000,000 |
Freddie Mac |
| Magnolia Gardens ALF |
Toms River, N.J. |
$8,058,000 |
232/223(f) |
| Silver Oak / 7 ALF |
OK, TX, NB |
$27,150,000 |
Conventional |
| Terrace at Mountain Creek |
Chattanooga, TN |
$4,200,000 |
Conventional |
| The Fountains |
Troy, IL |
$11,000,000 |
Conventional |
| Runk & Platt-Forest Assisted Living Facility |
Lynchburg, VA |
$4,102,000 |
232/223(f) |
| Heritage Oaks |
Tallahassee, FL |
$10,000,000 |
Conventional |
| St. Joseph's Rehab |
Harahan, LA |
$5,371,700 |
232/223(f) |
| Allegro at East Lake |
Tarpon Springs, FL |
$7,650,000 |
Conventional |
| Pheasant Ridge Assisted Living |
Roanoke, VA |
$7,990,000 |
232/223(f) |
| College Harbor |
St. Petersburg, FL |
$21,750,000 |
Conventional |
| Countryside Lakes Assisted Living |
Port Orange, FL |
$8,000,000 |
Conventional |
| Farmington Healthcare |
Farmington, MI |
$3,485,000 |
232/223(f) |
| Appledorn ALF |
Holland, MI |
$5,256,600 |
232/223(f) |
| Governor's Point |
Mentor, Ohio |
$2,620,800 |
223(f) |
