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July 2016 Capital Wisdom #14
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Welcome Changes to HUD’s 232 Handbook

A very good funding program will soon be getting better for those senior housing/healthcare borrowers who use bridge loans while waiting to qualify for permanent funding under HUD’s Section 232 Lean Healthcare Mortgage Insurance Program. 
  
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Cambridge Arranges $11.8 Million HUD Loan To Refinance Alden Town Manor, Located In Cicero, Illinois

Alden Lakeland

Cambridge Realty Capital Companies reports providing an $11,811,800 HUD-Insured loan to refinance Alden Town Manor, a skilled nursing facility located in Cicero, Illinois. 

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Helping Clients in Good Times and Bad

Senior housing/healthcare borrowers have grown accustomed to Interest rates at historic lows, but seasoned veterans of interest rate wars recall a frothier era when short-term interest rates soared to 22 percent and long rates hovered behind at 15.5 percent in the most lop-sided yield curve anyone alive on the planet today can remember.
             
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Eleanor Roosevelt
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Cambridge Realty Capital Companies
125 South Wacker Drive - Suite 1800
Chicago, Illinois 60606

P (312) 357-1601 | F (312) 357-1611

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