County-Owned Skilled Nursing Facility Gets More Than A Facelift

August 28, 2018 Steve Monroe Developments, Financings USDA Leave a comment

Usually we hear of counties selling their unprofitable skilled nursing facilities, but not this time. A county in Pennsylvania is building a brand-new facility to replace its existing 80-year old SNF, with the help of a $34 million loan from the USDA. Located in Bellefonte, Pennsylvania, the old facility was originally built in 1938, with […]

Lancaster Pollard Lands Financing For Nonprofit Clients

May 10, 2017 Steve Monroe Developments, Financings Christian Community Homes, HUD, Lancaster Pollard, USDA Leave a comment

Lancaster Pollard showed its strength in agency funding, closing over $40 million in financing to help a couple of not-for-profit clients expand their services. First, in Osceola, Wisconsin, Brad Competty led the way in closing a $7.1 million HUD refinance on behalf of Christian Community Homes, a senior care provider in western Wisconsin (Minneapolis-St. Paul […]