Yesterday was a long day, but a good day. I went to Indianapolis for the closing on the Lapaz Garden Court. This project is a 14 unit assisted living facility in Lapaz, IN. The project is funded by the U.S. Department of Housing and Urban Development (HUD). This will be the 6th Garden Court facility built by Easterday Construction Co., Inc. We’re pleased to have the opportunity to work with Garden Court, Inc. once again.
The closings are interesting as there is a flurry of HUD personnel in and out making sure that their different criteria are met. As always, paperwork is a big part of any government project. Fortunately the Garden Court team (Hughes & Associates, Real Estate Management and B.A. Martin Architects) has been through this multiple times in the past. I think the HUD personnel appreciate what they do and try to make things as painless as possible. This closing went smoothly and only took a little more than two hours, but in the past we have been phoning, faxing, emailing and otherwise chasing the necessary paperwork. It seems there is always one more thing required.
Thanks to the work of Garden Court and the HUD, Lapaz will have a new Garden Court facility ready to occupy by this time next year.