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Brokerage
Posted: May 11, 2009
Love Funding's Cleveland office arranges two loans totaling $4.626 million
According to Love Funding, its Cleveland office closed three loans, totaling $4.626 million for two assisted living facilities and one multifamily housing complex located in two states.
Midwest regional director Bruce Gerhart secured a $3.925 million loan through HUD's 241(a) program for the 131-unit Appledorn Living Center III, located in Holland, Mich. The office is also credited with closing a $701,200 refinance loan for the 25-unit Muskingum Arc Apartments, a 16,320 s/f multifamily housing complex located in Zanesville.
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