Cambridge funds SNFs in Illinois.Chicago-based Cambridge Realty Capital Companies has provided a $5.9 million HUD Hud (h  d), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God. 223(f) mortgage loan for Alden Village, a 107-bed skilled nursing facility skilled nursing facilityn. Abbr. SNF An establishment that houses chronically ill, usually elderly patients, and provides long-term nursing care, rehabilitation, and other services. at 275 E. Lake St. in Bloomingdale, Ill. The 7 percent, 35-year loan was arranged for the borrower, Alden Management Services. Cambridge also funded a $12.4 million multifacility refinance loan for a nine-facility portfolio of Chicago-area nursing homes owned by Three G Corp. of Lincolnwood. Three G used the funding to pay off an existing loan and to exercise a purchase option a nursing home. The nine facilities total 2,003 beds. Finally, Cambridge provided $15.2 million to refinance Claremont Rehabilitation rehabilitation: see physical therapy. and Living Center, a 200-bed nursing home and retirement center in Buffalo Grove Buffalo Grove A village of northeast Illinois, a suburb of Chicago. Population: 43,300. . A 35-year HUD 232/223(f) loan was provided to owner Windsor Healthcare Management Associates, with a 7.25 percent interest rate. |
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