Collingswood Nursing Home is a 160-bed skilled nursing facility located in Rockville, Maryland. AGM refinanced Collingswood’s two existing HUD-insured loans into a new $12,612,300 mortgage through HUD’s Section 232/223a7 LEAN program. Collingswood was also able to fund capital expenditures, increase the term to 40 years and reduce their interest rate by over 350 basis points. The new loan has a 40 term.
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AGM & NAHB on Capitol Hill
Last week, the National Association of Home Builders held its Spring Legislative Conference and Leadership Meetings in Washington, DC. The Legislative Conference saw more than
