Cambridge Realty Capital Companies provided two HUD loans totaling $24 million to refinance two senior care campuses in Ohio. The Lisbon property is a 76-bed skilled nursing/assisted living facility, while the skilled nursing/assisted living facility in Mineral Ridge has 181 beds.
Both facilities feature private and shared units, restaurant-style dining and housekeeping and laundry services. They also provide a variety of healthcare services including dentistry, podiatry, IV therapy, optometry, audiology, psychology and medical imaging. Cambridge arranged the fully amortizing 30- and 35-year loans on behalf of the Ohio LLC borrower.