HUD issues rule to pay partial claims under Section 232 insurance program
By
James M. Berklan
Dec 12, 2012
The Federal Housing Administration has announced the criteria and process by which it will accept and pay partial payment claims under FHA’s Section 232 mortgage insurance contracts, the agency announced...
Judge orders former nursing home executive to repay $14 million
By
McKnight's Staff
Dec 07, 2012
A well-known former nursing executive must repay the federal government $13.8 million for fraudulent business practices. U.S. District Court Judge Mary M. Lisi handed down the ruling for the misuse of...
RED Mortgage Capital, LLC completes $11.4M refinancing
Apr 08, 2015
RED Mortgage Capital announced it finished a $11.4 million HUD-insurance refinancing for a loan related to two acquisitions for Livewell Senior Living in Florida.
HUD Lean Program announces $3.6 billion in loan production
By
Elizabeth Newman
Oct 23, 2018
The Housing and Urban Development Lean mortgage insurance program, which finances seniors housing properties, closed $3.6 billion in loan volume for the fiscal year ending Sept. 30.
SNF portfolio receives $47M in refinancing
Jul 17, 2018
Three skilled nursing facilities with a total of 512 beds will receive $47.2 million in refinancing through HUD 232/223(f) loans, Capital One announced.
Regency Gresham receives loan
Jul 26, 2017
Regency Gresham Nursing and Rehabilitation Center has been granted a $12 million fixed-rate HUD 232/223 (f) loan for refinancing from Capital One.
Financing announced for New Jersey SNF
Jan 18, 2017
Monticello Asset Management has originated $28.5 million in financing for The Alameda Center for Rehabilitation and Healthcare in Perth Amboy, NJ.
New finance deals for senior facilities
Aug 28, 2013
Berkadia Commercial Mortgage LLC has originated $172.1 million in financing for four Brookdale Senior Living communities.
Three SNFs sell for $47M
By
Elizabeth Newman
Aug 09, 2018
Three skilled nursing facilities with a total of 512 beds will receive $47.2 million in refinancing through HUD 232/223(f) loans, Capital One announced in July.
Capital One provides $21.5 million loan
Sep 13, 2017
Capital One has provided a $21.5 million fixed-rate HUD 232/223(f) loan to refinance Avantara Long Grove, a 195-bed senior nursing facility in Long Grove, IL.