MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE:NHI) has obtained $78 million in Fannie Mae financing through KeyBank National Association. The debt financing consists of interest-only payments at 3.79 percent and a 10-year maturity.
Finance
BETHESDA, Md. — Lancaster Pollard has consolidated and refinanced multiple loans for Eden Homes, a four-community portfolio of assisted living facilities in Bethesda, into a single $5.7 million loan. The four communities are each in residential areas and designed to look like a single-family home.
Love Funding has been lending for over 30 years, but the past eight have marked a shift. FHA and HUD lending has always been a hallmark of the company, which offers refinance, construction and acquisition financing programs for multifamily and affordable housing, as well as senior housing/healthcare facilities and hospitals. But in 2007, the company decided to play to their strength and focus solely on government-backed loans.
KEARNS, Utah — RED Capital Partners LLC, the proprietary debt and equity banking arm of comprehensive capital provider RED Capital Group LLC, has completed a $13.86 million balance sheet loan to Link Development LLC for the construction of Summit Senior Living, located just outside Salt Lake City.