Cambridge provides $19.1 million loan.CHICAGO-BASED CAMBRIDGE REALTY CAPITAL Companies provided a $19.1 million Department of Housing and Urban Development-insured (HUD-insured) first-mortgage loan to refinance The Imperial, a 386-bed skilled-nursing and assisted-living facility in Chicago. The Imperial has 284 skilled-nursing and 139 assisted-living units. The fully amortized, 34-year-term, HUD Section 232 loan was arranged for the property's owner, an Illinois-based limited liability company. |
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