Cambridge Realty Capital Companies has secured HUD loans to refinance two skilled nursing facilities in Illinois. The first, Alden Town Manor, is a 249-bed facility in Cicero. It is receiving a $12.72 million loan, which is fully amortized with a 25-year term. The other facility is Alden Princeton Rehabilitation and Health Care Center in Chicago, which has 225 beds and will receive $7.84 million. The loan is fully amortized and comes with a 40-year term. Both facilities are owned by a limited liability company in Illinois.
Cambridge Secures Loans for Two Illinois SNFs
