Love Funding and a family-owned care provider continued their successful partnership together, with Love helping the business refinance their assisted living community in Toms River, New Jersey. With 35 years of experience developing and operating senior care communities in New Jersey, the family has worked with Love for some 15 years. It opened its 79-unit Toms River community in 2002 and first refinanced it through HUD in 2006.
Now, the community has refinanced again, with Love’s Laura Saull-Smith originating an $8.05 million loan that features a 35-year term and lower interest rate.
