Healthcare

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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…)

2019-03-29T15:44:28+00:00 Love Funding News|

We Go the Extra Mile

DID YOU KNOW?
Salmon often travel 31 miles per day on their spawning journeys – this would be like running more than a marathon every day! At Love Funding, we also go the extra mile for our clients.

Below are a few examples of how we’ve gone above and beyond to offer the best possible financing experience for our clients:

(more…)

2019-03-06T17:39:18+00:00 Love Funding News|

Refinance Loan for New Jersey ALF

Love Funding closed an $8.05 million loan for the refinancing and repair of Magnolia Gardens Assisted Living Facility in Toms River, New Jersey.

The financing was secured by Love Funding Senior Director Laura Saull-Smith through the U.S. Department of Housing and Urban Development’s 232/223(a)(7) refinance loan insurance program. This program allows for the refinancing of properties currently insured by FHA, as well as an extension of up to 12 years beyond the original mortgage term. Magnolia Gardens Assisted Living Facility was previously refinanced in 2006 under HUD’s 232/223(f) loan program. (more…)

2017-11-29T21:46:51+00:00 Relevant Experience|