Cambridge Arranges $14.2M HUD Refinance for Skilled Nursing Facility in Ohio

by Jeff Shaw

DAYTON, Ohio — Cambridge Realty Capital Cos. has arranged a $14.2 million HUD Lean loan to refinance the Wood Glen Nursing Center, a 148-bed skilled nursing facility in Dayton.

The fully amortized, 30-year loan was arranged for the owner, an Ohio limited liability company, using the Section 232 pursuant to Section 223(f) funding program.

Cambridge Realty Capital Ltd. of Illinois, Cambridge’s HUD-specialty branch, underwrote the loan.

You may also like