Cambridge Realty Capital Companies has arranged a $12.6 million HUD Lean loan to refinance The Ponds of Wealshire Assisted Living facility in Lincolnshire, IL.
The 35-year loan was arranged using HUD Section 232 pursuant to Section 223(a)(7) funding program, which is used to refinance existing HUD loans.
The Ponds of Wealshire is a 141-bed assisted living facility.