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.
Oak Grove announces loan for IA facility
Feb 17, 2015
Oak Grove Capital has closed a $3.6 million refinancing loan for Senior Suites of Urbandale.
Memory care facility receives financing
By
Elizabeth Newman
Nov 14, 2018
Sims Mortgage Funding, a subsidiary of HJ Sims, announced that Artis Senior Living has received $22.13 million in refinancing.
New construction with FHA financing
By
Tom Gale and Matt Lindsay
Mar 11, 2015
The past several years saw a glut of refinancings in the seniors housing and care sector as providers sought to take advantage of the historically low interest rate environment and lower their debt service
AHCA, AAHSA react to President Bush’s budget proposal
By
Haymarket Media
Feb 04, 2004
In assessing President Bush’s $2.4 trillion, 2,500-page budget proposal for fiscal year 2005, the American Health Care Association and the American Association of Homes and Services for the Aging...
Capital Funding Group closes two bridge loans
Jan 10, 2017
Capital Funding Group closed two bridge loans in the New York area.
Most older adults worry about falls, survey shows
By
Kristen Fischer
Jun 25, 2024
A nationwide survey found that older Americans are concerned about potential injuries and costs that occur with falls. Specifically, 71% of older Americans are worried about falling while 42% have had...
IRS aims to collect from ex-LTC executive
By
Elizabeth Newman
Jun 05, 2012
The Internal Revenue Service is attempting to recoup $8 million from a convicted former Rhode Island nursing home executive, signaling a warning to providers that they can be held liable for misdeeds.
Feds decide to give back senior housing funds
By
Haymarket Media
Sep 07, 2004
The Department of Housing and Urban Development is rolling back cuts it had intended for the program that helps the poor pay rent.
HJ Sims closes $5.4 million loan in Arkansas
May 13, 2014
HJ Sims has announced the closing of a $5.4 million loan for Arkansas-based Fox Ridge Management for three senior living communities in the Little Rock area.