Refinance
  • Love Funding Secures $12.9 Million Loan for The Woodlands of Arnold

    Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $12.9 million FHA loan to take out bridge financing used for the refinance of The Woodlands of Arnold, an assisted living, memory care and skilled nursing complex in Arnold, Missouri.

    Love Funding Senior Director Eric R. Forguson obtained the bridge… (more...)

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

    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.

    Love… (more...)

  • Love Funding Secures $4.2 Million Refinance Loan for Arbor Terrace Apartments

    Love Funding Secures $4.2 Million Refinance Loan for San Diego Apartments

    Love Funding closed a $4.2 million loan for the refinance of Arbor Terrace Apartments, an affordable, multifamily community in San Diego, Ca. The community is comprised of 71 two-, three- and four-bedroom units and offers its residents a community room, courtyard, recreational room, laundry room and an on-site… (more...)

  • Love Funding Secures Refinance of Assisted Living and Memory Care Facility

    Love Funding Secures $4.8 Million Loan for Refinance of Assisted Living and Memory Care Facility in North Carolina

    Love Funding closed a $4.8 million loan for the refinance of Grayson Creek of Welcome, an assisted living and memory care facility in Lexington, North Carolina. Grayson Creek of Welcome consists of 42 private and shared units. The facility is part of North Carolina’s… (more...)

  • 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...)

  • Multifamily Refinances: Which option is best for me?

    Are you considering a refinance of your multifamily loan?

    If so, you've come to the right place! We have taken a look at two of our most popular multifamily refinance options: an interest rate reduction and FHA 223(a)(7). Each product has specific guidelines, but a simple comparison is below. For a more in depth analysis of these programs, click here.

    Love Funding is proud to… (more...)

  • Refinancing your HUD Multifamily Loan: IRR vs. 223(a)(7)

    Do you have a HUD loan with a high interest rate? If so, you might consider taking advantage of the current market rates and refinancing your multifamily loan. While weighing this decision, it’s helpful to work with a knowledgeable team of mortgage experts and trusted financial advisors who can guide you in your decision-making process. There are two… (more...)

  • Rehab and Refinance of Detroit Senior Community

    Love Funding closed a $7 million loan for the refinance and rehabilitation of Central Towers Apartments, an affordable senior community in southwest Detroit, Michigan. Central Towers consists of 232 one-bedroom and two-bedroom apartments in two high-rise buildings. All but two of the units are currently covered by a Section 8 housing assistance payment (HAP) to help subsidize rents,… (more...)

  • 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… (more...)

  • Refinancing of California Affordable Apartments

    Love Funding closed three loans totaling $9.61 million for the refinancing of a group of affordable rental communities in California that are backed by low-income housing tax credits (LIHTCs). The three properties being refinanced are Comfrey Senior Apartments and Hudson Bay Apartments in Galt; and Shadowbrook Apartments in Redding. Comfrey Senior Apartments serves mixed-income seniors 55… (more...)