“I wanted to thank everyone again for the excellent work that Love Funding did on behalf of Belmont Independent Living. Love Funding has built a fine "team" and it is a pleasure to work with all of you.”
— David Weil, Belmont Independent Living, Goldsboro, NC
Multifamily Loan Programs
Recent Multifamily Loan Closings
| Project Name |
Location |
Loan Amount |
Financing |
| La Sierra Apartments |
New Braunfels, TX |
$11,196,800 |
221(d)(4) |
| Vista Del Mar Apartments |
Fajardo, PR |
$1,277,900 |
223(a)(7) M2M |
| Santa Juanita Apartments |
Bayamon (Minillas Ward), PR |
$237,300 |
223(a)(7) M2M |
| Ridgedale Apartments |
Avon Park, FL |
$1,043,100 |
223(a)(7) M2M |
| Highland Crest Apartments |
Toledo, OH |
$358,000 |
223(a)(7) M2M |
| Westridge Apartments |
Jacksonville, FL |
$27,091,200 |
221(d)(4) |
| Villa Esperanza Apartments |
Wyoming, MI |
$1,403,600 |
202/223(f) |
| Capital Gardens Apartments |
Lansing, MI |
$927,100 |
202/223(f) |
| Elmdale Apartments |
Grand Rapids, MI |
$704,800 |
202/223(f) |
| Forest Hall Apartments |
Carbondale, IL |
$1,093,000 |
Conduit/Conventional |
| Orchard Park Apartments |
St. Louis, MO |
$770,000 |
Fannie Mae |
| Villa St. Cyr Apartments |
St. Louis, MO |
$1,015,000 |
Fannie Mae |
| The Plaza Apartments |
Statesville, NC |
$1,669,500 |
223(a)(7)/221(d)(4) |
| Casa Edad De Oro Apartments |
Hartford, CT |
$2,442,000 |
202/223(f) |
| Alco Apartments |
Scottsville, KY |
$472,200 |
223(a)(7) M2M |
| Gran Signora Manor |
Ashtabula, OH |
$1,626,800 |
202/223(f) |
| Spring Valley Apartments |
Caspian, MI |
$1,174,500 |
202/223(f) |
| North Washington Park Manor |
Chicago, IL |
$3,161,700 |
202/223(f) |
| Veterans Villa Apts. |
Saybrook, OH |
$1,139,400 |
202/223(f) |
| Gateway Accessible Housing |
Spanish Lake, MO |
$2,343,800 |
202/223(f) |
| The Concord Portfolios 5 and 6 |
11 multfamily properites in North and South Carolina |
$72,200,000 |
Conventional |
| Heritage Court |
Spartanburg, NC |
$2,442,800 |
Mark-to-Market |
| Scheuer House of Brighton Beach |
Brighton Beach, NY |
$8,351,200 |
202/223(f) |
| Cedar Meadows |
Kent, OH |
$1,685,600 |
202/223(f) |
| Cedar Oaks |
Canton, OH |
$1,791,500 |
202/223(f) |
| Fedor Manor |
Cleveland, OH |
$6,368,200 |
202/223(f) |
| Edgewood Village |
East Lansing, MI |
$4,200,700 |
236/223(f) |
| Pioneer Arbor |
Muskegon, MI |
$707,600 |
202/223(f) |
| Lorraine Village |
St. Croix, USVI |
$8,400,000 |
223(f) |
| LSS Wisconsin |
Milwaukee, WI |
$4,827,600 |
202/223(f) |
| Harmony Village |
Columbiana, OH |
$1,812,503 |
202/223(f) |
| Virginia Dare |
Elizabeth City, N.C. |
$944,000 |
223(a)(7) |
| Edgewwod Village |
East Lansing, MI |
$4,200,000 |
202/223(f) |
| Almira Manor |
Greenville, IL |
$1,641,700 |
202/223(f) |
| Hickory Creek |
Shelby, NC |
$476,200 |
Mark-to-Market |
| Ukranian Village |
|
$6,049,900 |
202/223(f) |
| Madison View Tower |
|
$2,122,500 |
Mark-to-Market |
| Belmont |
|
$1,236,100 |
202/223(f) |
| Belmont Court |
|
$615,300 |
Mark-to-Market |
| KIME Apartments |
Great Bend, PA |
$2,441,700 |
202/223(f) |
| Jennings |
St. Louis, MO |
$3,577,600 |
202/223(f) |
| Evangelical |
Detriot, MI |
$3,318,500 |
202/223(f) |
| Tivoli Manor |
Detriot, MI |
$4,032,100 |
202/223(f) |
| Forest Villa |
Manning, SC |
$778,700 |
Mark-to-Market |
| Glenn Park Village Apts |
Northglen, CO |
$1,600,000 |
223(f) |
| Rebelwood Apartments |
|
$2,460,000 |
Mark-to-Market |
| Harborview Apartments |
St. Croix, US Virgin Islands |
$8,000,000 |
223(f) |
| Mill Creek West Apartments |
Saranac, MI |
$1,007,900 |
223(f) |
| Boyd Street / East Court Apts. |
Rogersville, TN |
$1,610,400 |
223(f) |
| Village Green |
Red Bay, AL |
$673,000 |
Mark-to-Market |
| Broad Street Way |
Richmond, VA |
$9,200,000 |
Conventional |
| Village Manor |
Louisville, KY |
$9,773,600 |
221(d)(4) Sub-rehab |
| Swiss Meadows of Berne |
Berne, IN |
$483,300 |
223(a)(7) |
| Northbridge Court Apts |
Moncks Corner, SC |
$996,700 |
223(a)(7) |
| Park Plaza Apts. |
Jacksonville, FL |
$538,000 |
223(a)(7) |
| Hillview |
Rockford, MI |
$3,430,600 |
223(f) |
| Normandy Oaks Apts |
Jacksonville, FL |
$24,808,800 |
221(d)(4) New Construction |
| Granada Villa Apts |
Belton, MO |
$364,000 |
223(a)(7) |
| Driftwood |
Drew, MS |
$1,504,000 |
223(a)(7) |
| David Drye Portfolio |
11 multfamily properites in North and South Carolina |
$70,500,000 |
Conventional |
| 12044 Hoffman Ave. Condominium |
Studio City, CA |
$10,300,000 |
Conventional |
| Londontown Apartments |
Knoxville, TN |
$6,490,100 |
221(d)(4) |
| Kenmore Landing Apartments |
Fredericksburg, VA |
$15,078,000 |
221(d)(4) |
| Falcon Creek Apartments |
Hampton, VA |
$32,608,500 |
221(d)(4) |
| The Legacy at Riverview |
Tulsa, OK |
$16,441,600 |
221(d)(4) |
| Barclay Greenmount |
Baltimore, MD |
$1,037,600 |
223(a)(7) |
| Haddington Townhomes |
Philadelphia, PA |
$1,572,300 |
223(a)(7) |
| Woods Edge |
West Columbia, S.C. |
$910,000 |
223(a)(7) |
| McGhee Square |
Lenior City, TN |
$1,634,700 |
223(a)(7) |
| Brownsville Gardens |
Brooklyn, NY |
$2,763,700 |
223(a)(7) |
| San Juan Apartments |
Montrose, CO |
$2,507,500 |
223(f) |
| Louis Manor |
Port Arthur, TX |
$746,000 |
223(a)(7) |
| Center Place Apartments |
Dundalk, MD |
$3,744,800 |
223(a)(7) |
| Burton Manor |
Aberdeen, MD |
$556,200 |
223(a)(7) |
| 1021 N. Ogden Dr. |
West Hollywood, CA |
$650,000 |
Conventional |
| Hoffman Street |
Studio City, CA |
$3,100,000 |
Conventional |
| New Hampshire Condos |
Los Angeles, CA |
$19,500,000 |
Conventional |
| Lord Ashley Land Loan |
Charleston, S.C. |
$3,933,000 |
Conventional |
| Magnolia Land |
Valley Village, CA |
$4,375,000 |
Conventional |
