Lancaster Pollard Provides $16.2M HUD Refinancing for Holden Rehab in Massachusetts

HOLDEN, Mass. — Lancaster Pollard Mortgage Co. has arranged a HUD loan totaling $16.2 million to refinance Holden Rehabilitation and Skilled Nursing Center in the Worcester suburb of Holden.

The borrower is Oriol Health Care, which build the 123-bed facility in 1965. The transaction allows Oriol to secure long-term financing consolidated with one lender and implement repairs at the facility.

Aaron Becker and Adam Walter led the transaction for Lancaster Pollard.