Age-Restricted

|Tag:Age-Restricted

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

Victory Centre

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. (more…)

2019-04-02T15:51:45+00:00 Love Funding News|

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

St. Peter Manor

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. (more…)

2019-03-01T19:06:11+00:00 Love Funding News|

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.

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2018-11-20T21:57:48+00:00 Love Funding News|

Refinancing of Age-Restricted Community

Love Funding Secures $14.4 Million Loan for Refinance of Mixed-Income, Age-Restricted Villa Community in North Richland Hills, TX

Love Funding closed a $14.4 million loan for the refinance and permanent financing of the Villas on Bear Creek, an age-restricted affordable rental community in North Richland Hills, TX. The Villas on Bear Creek offer 240 mixed-income, one- and two-bedroom units located in five three-story elevator buildings. The units are restricted to those 60 years and older, and 180 are affordable. The community is located in North Richland Hills, near Fort Worth, and includes a two-story clubhouse and other amenities. Villas on Bear Creek was constructed in 2000 with the assistance of low-income housing tax credits (LIHTCs). (more…)

2018-05-03T20:04:39+00:00 Relevant Experience|

Refinance and Rehab Loan for Affordable Housing

Orlando Cloisters Rehab Refinance Loan

Orlando Cloisters | Orlando, FL

Love Funding closed a $6.49 million loan for the refinance and rehabilitation of Orlando Cloisters, an age-restricted affordable community in Orlando, Florida. Orlando Cloisters is an 11-story building offering Section 8 efficiency and one-bedroom units to residents 62 years and older. The 101-unit community is located in a mixed-use neighborhood south of downtown Orlando. (more…)

2017-10-30T20:24:05+00:00 Relevant Experience|