Sub Rehab
  • Love Funding Secures Bridge Financing for Historic Building

    Love Funding Secures $15 Million Bridge Loan for the Substantial Rehabilitation of Brewery Lofts

    Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, closed a $15 million bridge loan for the substantial rehabilitation and mini-permanent financing of Brewery Lofts, a market-rate community in Milwaukee, WI.

    Upon completion, Brewery… (more...)

  • Virginia Acquisition and Sub Rehab Loan

    Love Funding closed a $15.9 million loan for the acquisition and substantial rehabilitation of Ivy Tower, an affordable multifamily community in Newport News, Virginia. Ivy Tower is a 12-story high-rise comprised of 92 one-bedroom and 48 two-bedroom units located in the East End neighborhood of Newport News, bordering the Chesapeake Bay. All 140 units will be restricted to those earning less… (more...)

  • Sub Rehab and Conversion to Market-Rate Apartments

    Love Funding closed $16.2 million loan for the substantial rehabilitation and conversion of two historic buildings in Davenport, Iowa into market-rate apartments. Gordon Van Tine Lofts will offer 113 one-, two- and three-bedroom lofts along with commercial space on the first floor of both buildings. The buildings, which are connected by a covered walkway, were built in the early 1900s and have… (more...)

  • Refinance and Rehab Loan for Affordable Housing

    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.

    Love… (more...)

  • Sub Rehab Financing for Market-Rate Loft Apartments

    Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of an $11.8 million loan for the conversion of a commercial high-rise building in downtown Montgomery, Alabama into market-rate loft apartments.

    Historic Bells Lofts will offer 88 one- and two-bedroom apartments, along with 4,478 square feet of white box… (more...)