Acquisition
  • 5-Star HUD Loans for Healthcare Facilities

    With everything from daily operations, to resident care, to Medicaid budgets and Medicare star ratings, healthcare administrators have a lot on their plates. Alleviate your long-term debt financing concerns with a HUD-insured loan.

    PROGRAM OVERVIEW

    FHA 232/223(f) is an attractive long-term debt financing option for many long-term care facilities. The program allows you to… (more...)

  • 10 Things You Need to Know About the LEAN Program

       

    The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration’s (FHA) Section 232 LEAN program for senior care facilities debuted in 2008. The program was designed to meet the capital needs of senior housing and long-term-care facilities and continues to serve as an important source of debt capital to the senior… (more...)

  • Colorado Market-Rate Apartment Construction

    Love Funding closed a $13.7 million loan for the construction and permanent financing of the second phase of Outlook Ridge, a market-rate multifamily community in Pueblo, Colorado. The new construction will consist of five three-story garden style buildings joining five similar apartment buildings constructed during the first phase of development in 2014. The new buildings will house one-, two… (more...)

  • Virginia Acquisition and Sub Rehab Loan

    Love Funding closed a $15.9 million loan for the acquisition and substantial rehabilitation of Ivy Tower, an affordable multifamily community in Newport News, Virginia. Ivy Tower is a 12-story high-rise comprised of 92 one-bedroom and 48 two-bedroom units located in the East End neighborhood of Newport News, bordering the Chesapeake Bay. All 140 units will be restricted to those earning less… (more...)

  • Acquisition/Rehab Financing for MI Apartments

    Love Funding closed a $9.9 million loan to purchase and significantly rehabilitate Newman Court Apartments, an affordable community in Pontiac, Michigan. Newman Court Apartments offers 172 one-, two- and three-bedroom units. The apartments are located in 19 one- and two-story buildings originally constructed in 1971 and 1972. The property will undergo significant renovations through the use of… (more...)