Another HUD Express Lane transaction has closed, with Cambridge Realty Capital providing a $4.3 million HUD 223(f) loan to refinance Elizabeth Care Center, a 36-bed skilled nursing facility in Elizabeth, West Virginia. Cambridge was able to facilitate the loan and receive its firm commitment just 18 days after submission. The borrower was not disclosed, but in January 2025, Coplin Health Systems announced that it sold Elizabeth Care Center to the in-place operator, Providence Health Group. Providence had operated the facility for the previous four years.
Lender Provides Refinance Through HUD’s Express Lane
