Housing & Healthcare Finance Provides $16.9 Million HUD Loan to Skilled Nursing Facility in New York
CHEVY CHASE, MD, November 2013 - Housing & Healthcare Finance, LLC (HHC Finance), one of the nation’s leading HUD LEAN lenders, today announced the closing of a $16.9 million HUD loan to refinance the existing conventional debt of a 240 bed skilled nursing facility located in New York. The existing debt was refinanced by HHC Finance through HUD's 232/223(f) program. The refinancing lowered the borrower's interest rate and extended the debt's term for a significantly longer period.
About Housing & Healthcare Finance, LLC
Founded in 2002, Housing & Healthcare Finance, LLC (HHC Finance) is one of the leading HUD healthcare and multifamily lenders in the U.S. HHC Finance’s expertise in the healthcare and multifamily markets allows it to provide loans that address all of its borrowers’ financing needs. In addition to HUD loans, HHC Finance also makes line of credit and bridge loans. The Company is headquartered in Chevy Chase, MD and has additional offices in New York, New Jersey, Pennsylvania, Florida, Maine, Ohio, Illinois, Wisconsin, and California. For more information, please visit www.hhcfinance.com or email email@example.com.