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Knowledge Center2019-10-24T14:28:00+00:00

Former Pabst Brewing Company Campus in Milwaukee to Welcome New Loft Apartments

By Teresa Garcia, Marketing Manager, Novogradac  May 2019  A once-vacant historic compound in Milwaukee is taking one step closer to complete revitalization.

Love Funding Closes $4.7 Million Refinance for Age-Restricted Community

Love Funding Closes $4.7 Million Refinance Loan for Age-Restricted Community in Bartlett, Illinois Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $4.7 million loan to be used for the refinance of Victory Centre of Bartlett Senior Apartments, an age-restricted community in Bartlett, Illinois.

Love Funding News|

Love Funding Secures $10.5 Million Bridge-to-HUD Construction Loan

Love Funding Secures $10.5 Million Bridge-to-HUD Construction Loan for Transitional Rehabilitation Facility Love Funding obtained a $10.5 million bridge-to-HUD construction loan for a transitional rehabilitation facility in Yuma, Arizona. The 32,000 sq. ft., state-of-the-art facility will offer 100% Medicare and managed care beds and will provide the community with 41 private studios featuring top-of-the-line amenities.

Love Funding News|

Love Funding Secures $4.2 Million Refinance Loan for Arbor Terrace Apartments

Love Funding Secures $4.2 Million Refinance Loan for San Diego Apartments Love Funding closed a $4.2 million loan for the refinance of Arbor Terrace Apartments, an affordable, multifamily community in San Diego, Ca.

Industry News|

Love Funding Secures Bridge Financing for Historic Building

Love Funding Secures $15 Million Bridge Loan for the Substantial Rehabilitation of Brewery Lofts Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, closed a $15 million bridge loan for the substantial rehabilitation and mini-permanent financing of Brewery Lofts, a market-rate community in Milwaukee, WI.

Love Funding News|

Love Funding Secures Financing for an Affordable, Age-Restricted Community

Love Funding Closes $12.7 Million Acquisition Loan for Affordable, Age-Restricted Community in Memphis, TN Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $12.7 million loan to be used for the acquisition and renovation of St. Peter Manor, an age-restricted community in Memphis, TN.

Love Funding News|

Love Funding Obtains $47.6 in Financing for the Construction of Allure on the Parkway

Love Funding Secures $47.6 Million New Construction Loan for Allure on the Parkway Love Funding closed a $47.6 million loan for the construction and permanent financing of Allure on the Parkway, a market-rate, multifamily community in Sanford, Fl.

Love Funding News|

Love Funding Provides Financing for Affordable Communities in Michigan

Love Funding Secures $7.2 Million Loan for Construction of Two Affordable Communities in Michigan Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of $7.2 million in loans for the construction of 501 Eastern and Stockbridge Apartments, two affordable communities in Grand Rapids, MI.

Love Funding News|

Love Funding Secures Refinance of Assisted Living and Memory Care Facility

Love Funding Secures $4.8 Million Loan for Refinance of Assisted Living and Memory Care Facility in North Carolina Love Funding closed a $4.8 million loan for the refinance of Grayson Creek of Welcome, an assisted living and memory care facility in Lexington, North Carolina. Grayson Creek of Welcome consists of 42 private and shared units.

Love Funding News|

Tax Credit Equity Bridge Loans: A Creative Financing Solution

An increase in labor and material costs, as well as rising interest rates, have added significant stress in the production of affordable housing nationwide. As the margin for Low Income Housing Tax Credit (LIHTC) deals becomes increasingly tight, a creative approach to financing such transactions is essential.

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Alaska Assisted Living Construction Loan

Love Funding Secures $20.1 Million Bridge Loan for Construction of Assisted Living Facility in Anchorage, AK Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $20.1 million bridge loan for the construction and mini-permanent financing of Baxter Senior Living, a new assisted living facility in Anchorage, AK.

Love Funding News|

Using HUD to Finance Modular Construction: The Pros & Cons

With today’s many technological advances, modular construction is increasing in popularity for multifamily new construction projects. We recently secured a HUD-insured loan for an apartment community constructed using modular units, Carrino Plaza Apartments, in Newark, New Jersey.

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Love Funding Secures Financing for Ashley Park Apartments

Love Funding Secures $6.4 Million Loan for Refinance of Ashley Park Apartments in Thomasville, Georgia Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $6.4 million loan for the refinance of Ashley Park Apartments, a market-rate multifamily community in Thomasville, Georgia.

Love Funding News|

Jonathan S. Camps Appointed President of Love Funding

Jonathan S. Camps has been appointed President of Love Funding. Love Funding, a subsidiary of Midland States Bank, is one of the largest commercial FHA loan originators in the United States. Mr. Camps has spent the past 19 years in various management positions at Love Funding and most recently served as Senior Vice President.

Love Funding News|

Market Commentary | June 22, 2018

FED RAISES RATES AGAIN; APPETITE STILL STRONG FOR HUD BACKED LOANS The Fed recently raised rates for the second time in 2018 and signaled that two additional rate hikes were expected before year-end. Committee members noted continued strength in the labor market, household spending and business investment, with a slight uptick in inflation. The Fed acknowledged that inflation is moving closer to the Fed’s stated 2% target.

Industry News|
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