Tuesday, January 25, 2011

Cambridge Provides $2.16 Million HUD Lean Loan to Refinance Hillsboro Rehabilitation and Health care Center in Illinois


 CHICAGO, IL--Cambridge Realty Capital Companies reports closing on a $2.16 million FHA-insured HUD LEAN loan that refinanced the Hillsboro Rehabilitation and Health Care Center (top left photo), a 107-bed skilled nursing facility in Hillsboro, Ill.

Cambridge Chairman Jeffrey A. Davis said the fully amortized, 26-year term loan was underwritten by Cambridge Realty Capital Ltd. of Illinois for the owner, a Missouri limited liability company. The interest rate was not disclosed.

Contact: Evan Washington, Phone: (312) 521-7604, Fax: (312) 357-1611

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