New Construction - $14,000,000 Rehab Facility

05.06.10
Bedford Lending funded a $14,000,000 construction loan to build a 33 bed acute rehab facility in Portsmouth, N.H. See closing......
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New Calculators added to Resource Center

04.07.10
New Calculators have been added to the website to assist our clients in analyzing deals.......

HUD Amends 242 Hospital Program

11.13.09
The U.S. Department of Housing and Urban Development (HUD) recently published Notice H 09-05, which introduces a new mortgage insurance......

Lean Processing Update: New Construction/Substantial Rehabilitation and Second Tier Programs Coming

03.18.09
FHA's plans to fully implement Lean processing to all Section 232 Insured Loan activities continues to move forward: on January......

Lean Processing: Major Changes to FHA Section 232 Program Are Here

09.08.08
FHA recently made two major changes to its Section 232 mortgage insurance program that will significantly improve application processing and......

As the CFO of a hospital chain, I engaged Bedford Lending to reposition a closed hospital. They worked closely with the board of directors and developed a plan to convert the hospital to an assisted living and memory impaired facility. BLC worked with the contractor, market specialist and architect to develop a solution and then funded the loan through a combined HUD/ tax exempt bond loan. They are true professionals."

- Jim B., CFO

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