Cambridge Provides $9.8M HUD Refinancing for Manor Healthcare in New Jersey

STRATFORD, N.J. — Cambridge Realty Capital Cos. has provided a $9.8 million HUD loan to refinance Laurel Manor Healthcare and Rehabilitation Center in Stratford.

Located about 12 miles southeast of downtown Philadelphia, the skilled nursing facility features 104 beds.

The fully amortized, 30-year loan was provided for the owner, a New Jersey limited liability company, using the HUD Section 232/223(f) funding program.

Laurel Manor Healthcare and Rehabilitation Center offers short- and long-term stays.