Construction
  • 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… (more...)

  • 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. The community is comprised of 290 one- and two-bedroom units in two, four-story buildings. Allure on the Parkway will offer its… (more...)

  • 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.

    The two communities… (more...)

  • 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… (more...)

  • 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. Carrino Plaza Apartments will offer 60 units and is one of the first modular projects to be… (more...)

  • Modular Construction: A Closer Look at Carrino Plaza Apartments

    Love Funding arranged a $7.9 million loan for the construction and permanent financing of Carrino Plaza Apartments, a new apartment community built with modular units in Newark, NJ.

    Carrino Plaza Apartments was one of the first modular construction projects to be approved under HUD’s 221(d)(4) loan program. Modular construction not only decreases overall… (more...)

  • Going the Extra Mile for RiNo Center Apartments

    Love Funding originators always go the extra mile for our clients. Senior Director Peter Wessel helped secure financing for Block 32 at RiNo, a new construction project in Denver. With our industry knowledge and expertise, we were able to persuade HUD to finance this project of vision in Denver’s up-and-coming, River North neighborhood. It was important to familiarize HUD… (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...)

  • Everything You Need to Know About Modular Construction

    Not too long ago, if you were to bring up modular construction, thoughts immediately went to a low quality, cheap, below standard product. But today the perception of modular construction is changing. Developers are beginning to embrace modular construction and its potential benefits for new projects. With today’s technological advances, modular construction is now producing reliable, high-… (more...)

  • Apartment Construction Loan

    Love Funding Secures $26.3 Million Loan for Construction of Market Rate Apartment Community in Waxahachie, TX

    Love Funding closed a $26.3 million loan for the construction and permanent financing of Garden Valley Apartments, a market-rate multifamily community in Waxahachie, Texas, a suburb of Dallas. Garden Valley will consist of eight three-story walk-up buildings with 213 one- and two… (more...)