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UNION CITY, N.J. — Love Funding has arranged an $18.7 million loan for the refinancing of Bella Vista Apartments, a 231-unit apartment building in Union City. Bella Vista Apartments is an age-restricted development for residents 62 and older. Orlando Partners LLC owns and operates the property, which is managed by Goldberg Realty Associates. The refinancing will help fund repairs, including installing new energy-efficient windows to save on energy costs. The 35-year loan features a fixed interest rate of approximately 3 percent. Laura Saull-Smith, senior director at Love Funding, secured the loan through the HUD’s Section 223(f) loan insurance program.