Cambridge Provides $18.1M HUD Refinancing for Bria of Westmont in Illinois

by Jeff Shaw

WESTMONT, Ill. — Cambridge Realty Capital Cos. has provided a $18.1 million HUD Lean loan to refinance Bria of Westmont, a skilled nursing facility in Westmont, approximately 20 miles west of downtown Chicago.

Andrew Erkes, Cambridge President, said Cambridge provided the fully amortized, 35-year loan to an Illinois limited liability company. Cambridge Realty Capital Ltd. of Illinois, the Cambridge business that specializes in underwriting FHA-insured HUD loans, underwrote the loan.

Bria of Westmont is a 215-bed skilled nursing facility. It provides a range of skilled services and programs, including short-term rehabilitation, long-term care, orthopedic rehabilitation, cardio-pulmonary rehabilitation, on-site hemodialysis, wound care, cardiac care, ventilator therapy, aquatic therapy, a geropsychiatric program, and behavioral health care.

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