HUD Omaha Closes Loan on Assisted Living Facility in Lincoln
On Thursday, January 30, 2014 the HUD Omaha Legal Division closed a $4,089,100 loan. It is a 223(f) mortgage insurance program loan for the Waterford at College View assisted living facility.
The facility is located in Lincoln, Nebraska and consists of 56 assisted living beds. It boasts a 1.9 Acre lot consisting of three buildings.
The loan will refinance existing debt, support repairs to the facility and will also reduce risk to HUD’s Insurance Fund.
Additional information about the Assisted Living Facility.