Construction

|Tag: 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 featuring top-of-the-line amenities. (more…)

2019-10-17T15:39:03+00:00Love Funding News|

Love Funding Provides Financing for Affordable Communities in Michigan

501 Eastern Stockbridge

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. (more…)

2019-10-06T07:01:28+00:00Love 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.

(more…)

2019-10-06T07:17:18+00:00Love Funding News|

Apartment Construction Loan

Love Funding Secures $40.6 Million Loan for Construction of Upscale Apartment Community in Fort Myers, Florida

Love Funding closed a $40.6 million loan to the developer, Tampa-based Aileron Investment Management, for the construction and permanent financing of Grand Central Apartments, an upscale market-rate multifamily community in Fort Myers, Florida.

Grand Central Apartments will consist of two four-story elevator buildings and two three-story walk-up buildings, comprised of 280 one- and two-bedroom luxury-appointed units and high-end community amenities. The property is located within the Cleveland Avenue Redevelopment Area, which the city has targeted for commercial and mixed-use development. (more…)

2019-10-06T13:40:45+00:00Relevant Experience|
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