Cambridge Realty Capital Companies arranges $12.6 million loan for assisted living facility

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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.