HHC Finance Closes a $10 Million HUD Loan for a Skilled Nursing Facility in Ohio
North Bethesda, MD, July 2020 - Housing & Healthcare Finance (HHC Finance), a leading HUD healthcare and multifamily lender, recently announced the closing of a $10 million HUD loan for a 120-bed skilled nursing facility in Ohio.
The experienced borrower was able to replace substantially higher rate conventional debt with a low-interest, non-recourse, long-term HUD loan.
About Housing & Healthcare Finance, LLC
Founded in 2002, Housing & Healthcare Finance, LLC (HHC Finance) is a commercial finance company headquartered in the Washington, DC area with additional offices throughout the country. HHC Finance provides expert commercial lending solutions to healthcare, multifamily, and senior housing companies nationwide.
In addition to being a leading HUD lender, we provide bridge loans, revolving lines of credit, and mezzanine financing through our Capital Advisory Group (CAG) which is led by Isaac Haas and Neil Gamss. Our industry expertise and rapid execution capabilities allow us to deliver innovative, flexible, and timely financings to our clients.