Housing & Healthcare Finance (HHC Finance) is also continuing to take advantage of historically low interest rates by arranging HUD refinances for its clients. Recently, the company secured three loans totaling more than $33 million for three senior care facilities. You can read about that deal here.
Then, HHC Finance wrapped up its April activity with $67 million of HUD loans closed for a portfolio of six skilled nursing facilities in Georgia. Built from 1968 to 1993, the facilities all total 620 beds. HHC Finance also closed an $18 million loan modification for an Illinois SNF. All in a month’s work.
