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We provide consulting and direct lending services for all product types, nationwide.

HUD Programs

Bedford Lending's direct loan programs provide financing for the acquisition, refinance, new construction and substantial rehabilitation of apartments, healthcare facilities, and hospitals nationwide.

Our programs offer 85-90% non-recourse financing and fixed rates for 35-40 years.

The company is comprised of Senior Lenders and Consultants who average 30 years of lending experience.

Affordable Programs

Bedford Lending has extensive experience developing finance solutions for affordable housing projects throughout the United States.

Our direct HUD programs can be used to fund capital improvements, replenish replacement reserves, and add supportive services. Often times, we meld subordinated loans or grants with our long-term direct loans to fill critical equity gaps and preserve affordable properties for future generations.

Other Programs

Bedford Lending arranges optimum terms and conditions for the acquisition, refinancing, repositioning and construction of office, retail, industrial and other property types.

Our creativity and integrity ensure our clients’ expectations are exceeded.

BLC's experience provides a wide array of flexible financing to meet our client's goals.

Closings

Cash-Out Refinance

• $8,500,000
• 140 Unit Apartment
• 3.5% Fixed Rate
• 35 Year Term

97% Acquisition & Rehab Loan

• $5,700,000 HUD 221(d)(4)
• 72 Unit Apartment Conversion
• Non-Recourse
• 40 Year Fixed Rate

Nursing Home Refinance

• $3,300,000 HUD Loan
• 35 Year Term
• 3.6% Fixed Rate
• $12,000 Monthly Savings

Nursing Home / ALF

• $9,600,000 HUD 232 Loan
• 40 Year Term
• 52 ALF Addition
• Non-Recourse

33 Bed Rehab Facility

• $14,000,000 HUD 232 Loan
• 40 Year Term
• Non-Recourse
• 50 Year Land Lease

83 Unit New Construction

• $9,700,000 HUD Loan
• 40 Year Fixed Rate
• Non-Recourse
• Assumable

200 Unit Apartment - New York

• $30,307,000 HUD Refinance
• Reduced payments by $779,000 per year
• 35 Year Fixed Rate
• Non-Recourse

80 Bed Alzheimers Facility

• $6,200,000 HUD 232 Loan
• 90% LTV
• Non-Recourse
• 40 Year Fixed Rate

90% ALF Financing

• $4,275,000 HUD Loan
• 90% LTV
• Non-Recourse
• 40 Year Fixed Rate

60 Unit Multifamily Refinance

• 35 Year Fixed Rate
• 3.4% Interest
• Non-Recourse
• Assumable

64 Unit HUD 202

• $300,000 in Capital Improvements completed
• Owner received over $40,000 developer's fee
• 35 Year Fixed Rate
• Non-Recourse

Tax Credit Refinance

• $4,200,000
• 35 Year Fixed
• Saved Client $90,000 a year in debt service
• 3.15%

New Construction - Utah

• $10,500,000
• 40 Year Term
• Non Recourse
• Assumable

Assisted Living

• $4,127,000
• Rate reduced from 7.5% to 3.4%
• Amortization went from 15 years to 35 years
• Cash flow improved by over $200,000 a year

Section 8 Acquisition

• 90% Loan to Value
• 35 Year Fixed Rate
• 3.6% Interest
• Assumable

Cash Out Refinance - Texas

• $6,800,000
• 80% Loan to Value
• 30 Year Amortization
• 10 Year Fixed

Blanket Mortgage - Baltimore

• $5,000,000
• $2,000,000 Cash Out
• 3.9%
• 10 Year Fixed

300 Unit Refinance - Michigan

• $4,500,000 - HUD 223(f)
• 35 Year Fixed
• $1,500,000 Cash Out
• 3.2%

Affordable Housing Refinance

• $1,500,000 Loan
• 30 Year Amortization
• 4.1%
• Assumable

Non Profit Acquisition

• 30 Units
• 30 Year Amortization
• 20 Year Fixed Rate
• Assumable

88 Unit New Construction

• $7,100,000
• Non Recourse
• 40 Year Fixed Rate
• Maximized Cash Flow

144 Unit New Construction

• $21,175,000
• 144 Unit Apartment
• 4.1% Interest
• 40 Year Fixed Rate

Market Rate and Workforce Housing - $10,000,000

• 90% New Construction with BSPRA
• 40 Year Term
• Non Recourse
• Condo Blanket