Cambridge Realty Capital Companies has provided an insured $7.26 million first mortgage loan to refinance Community Nursing and Rehabilitation Center, a 153-bed skilled nursing home facility.
Cambridge chairman Jeffrey Davis said the HUD Sec. 232 pursuant to Sec. 223 loan was arranged for the owner, an Illinois limited liability company, by Cambridge Realty Capital Ltd. of Illinois, an FHA/MAP-approved HUD lender.