Cambridge Realty Capital Companies reports providing an $11,811,800 HUD-Insured loan to refinance Alden Town Manor, a skilled nursing facility located in Cicero, Illinois. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 30-year term loan was issued to the owner, an Illinois limited liability company. Underwriting the transaction was Cambridge Realty Capital Ltd. of Illinois, the Cambridge business that specializes in underwriting FHA-insured HUD loans.
Alden Town Manor is a 249-bed facility devoted to skilled nursing care.
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