Love Funding in the Last Frontier

Love Funding secured financing for the Last Frontier’s newest assisted living community. Located in Anchorage’s U-Med district (and less than two miles from three hospitals), the community is being purpose-built by Baxter Senior Living as a high-end assisted living option for Alaskans. Along with 63 private AL and 33 private and semi-private memory care units, […]

Love Funding Fuels Senior Living Construction Project

James Vanar of Love Funding arranged a $6.8 million bridge loan for a new assisted living/memory care development in South Jordan, Utah. Giza Development leads the team, including Stout Construction and Primera Group, developing the 62-bed community, which will be operated by SAL Management Group. Midland States Bank, the parent company of Love, provided what […]

Phoenix rises

There has been an uptick in seniors housing and care construction in the Phoenix area in just this year. First, Mainstreet announced its first development in the state of Arizona, breaking ground in mid-February on its 94-bed skilled nursing/assisted living facility at a cost of $21.9 million, or $233,000 per bed. The facility also is […]