HHC Finance closes $76M in loans

Housing & Healthcare Finance has closed $76.4 million in loans to refinance the conventional debt on three skilled nursing facilities located in California, the company said.  

The deals were for:
• A $27.5 million HUD loan for a 139-bed facility in Northern California

• A $28.8 million HUD loan for a 180-bed facility in Northern California

• A $20.1 million HUD loan for a 163-bed facility in Southern California

The owner operates several skilled nursing facilities throughout the state of California. The loans closed simultaneously.