Construction – Love Funding | Leading HUD Lender

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…)

sloane2019-03-29T15:44:28+00:00Love Funding News|

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. (more…)

sloane2019-01-09T14:27:41+00:00Love Funding News|

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. (more…)

sloane2019-01-04T22:06:18+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…)

sloane2018-11-20T21:57:48+00:00Love Funding News|

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. (more…)

sloane2018-08-06T21:12:57+00:00Resources|

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. (more…)

sloane2018-07-26T14:13:28+00:00Relevant Experience|

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. (more…)

sloane2018-06-21T16:08:25+00:00Relevant Experience|

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. (more…)

sloane2018-05-24T15:42:58+00:00Resources|

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. (more…)

sloane2018-05-23T14:27:35+00:00Resources|

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…)

sally2018-11-16T16:36:41+00:00Relevant Experience|