Cambridge Realty Capital Companies reports arranging a $14,160,000 HUD Lean loan to refinance the Wood Glen Nursing Center, a 148-bed skilled care facility located in Dayton, Ohio. Jeffrey A. Davis, Cambridge Chairman, said the fully-amortized, 30-year loan was arranged for the owner, an Ohio limited liability company, using the Section 232 pursuant to Section 223(f) funding program. Underwriting the transaction was Cambridge Realty Capital Ltd. of Illinois, the Cambridge business that specializes in underwriting FHA-insured HUD loans.
Recent Posts
