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WAUKEGAN, Ill. — Capital One has provided a $9.3 million fixed-rate HUD loan for the refinancing of a skilled nursing facility in Waukegan, located approximately midway between Chicago and Milwaukee. The name of the facility was not disclosed.
The facility was built in 1963 and expanded in 1965, resulting in a total of 112 beds. The current owner purchased the property in 2007 and made interior improvements.
Joshua Rosen of Capital One originated the transaction.