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$10.5m hospital deal.


Cambridge Realty Capital Companies has facilitated a $10.5 million conventional loan to refinance Ingleside Care Center, a 118-bed psychiatric hospital psychiatric hospital
n.
A hospital for the care and treatment of patients affected with acute or chronic mental illness. Also called mental hospital.
 in Rosemead, Ca.

Cambridge chairman Jeffrey A. Davis said the five-year term loan was arranged for the owner, a California limited The California Limited was one of the named passenger trains of the Atchison, Topeka and Santa Fe Railway and a true "workhorse" of the railroad. It was assigned train Nos. 3 & 4, and its route ran from Chicago, Illinois to Los Angeles, California.  liability company, by Hymie Barber, president of the Catalyst/Cambridge Group of Woodland Hills, Ca., the company's West Coast affiliate.

The loan, amortized over a 25-year period, has a 6.93% interest rate.

Cambridge is one of the nation's leading HUD Hud (hd), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God.  232 FHA/MAP-approved lenders and also has an integrated debt / equity financing Equity Financing

The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation.
 strategy that includes direct property acquisitions and joint ventures.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Nov 23, 2005
Words:104
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