Cambridge Realty Capital Companies provided a $10.4 million HUD loan to refinance Oakview Nursing and Rehabilitation and Ridgeview Assisted Living, a senior care campus also known as The Views of Burlington. Located in Burlington, Iowa, just across the Mississippi River from Illinois and just north of the Missouri border, Oakview is a 60-bed skilled nursing facility and Ridgeview is a 42-bed AL community. The campus’s Iowa-based limited liability company owner received a fully amortized, 35-year loan. It is the third loan closed in 2022 with commercial mortgage broker Denny Howell of Howell Investment Finance.
Cambridge Closes Iowa HUD Loan
