Love Funding Secures $2.6M Bridge-to-HUD Loan for Acquisition of Assisted Living Community in Texas

TOMBALL, Texas — Love Funding has secured a $2.6 million bridge-to-HUD loan, which will fund the acquisition of as assisted living and memory care community in the Houston suburb of Tomball.

The borrower and name of facility were not disclosed.

Leonard Lucas of Love Funding’s Boston office obtained the FHA bridge loan from Love Funding’s parent company, Midland States Bank.

Love Funding is an FHA lender based in Washington, D.C.