“Love Funding provided the expertise we needed to target experienced developers of 236 properties and to thoroughly understand the benefits and liabilities of the various bids. Due to their assistance, we were able to make a final decision within 3 months of deciding to move forward with the sale.”
— Ed Mauntler, President of the Covenant House Board
Senior Housing Loan Programs
Recent Senior Housing Loan Closings
| Project Name |
Location |
Amount |
Financing |
| Heritage Commons Apartments |
Williamsburg, VA |
$15,500,000 |
Conventional |
| Morton Manor Apartments |
Detroit, MI |
$5,961,900 |
202/223(f) |
| Casa Otonal Housing Corporation |
New Haven, CT |
$7,273,000 |
202/223(f) |
| Village at Arborwood Apartments |
Granger, IN |
$9,690,800 |
221(d)(4) |
| Westchester Village |
Saginaw, MI |
$5,918,400 |
202/223(f) |
| Cedar Park Senior Housing |
Schoolcraft, MI |
$1,036,500 |
202/223(f) |
| Ken Mar Apartments |
Martinsville, IN |
$3,956,000 |
223(f) |
| St. Paul's Senior Housing |
Canton, OH |
$2,526,100 |
202/223(f) |
| St. Andrew's of Jennings Senior Apartments |
St. Louis, MO |
$3,577,606 |
202/223(f) |
| William J. Barnwell Apartments |
Perryville, MO |
$1,100,400 |
202/223(f) |
| Independence Square Apartments |
Lansing, MI |
$1,104,000 |
202/223(f) |
| Cleveland Manor Apartments |
Midland, MI |
$2,365,400 |
202/223(f) |
| Grace Portfolio Senior Housing Facilities |
Atlanta, GA |
$6,675,000 |
Conventional |
