Done Deal: Wyndham Residence.
Cambridge Realty Capital Companies reports providing a $3,700,500 HUD-Insured loan to refinance Wyndham Residence, an assisted living facility located in Arroyo Grande, California. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 27-year term loan was issued to the owner, a California limited liability company. The loan was coordinated by Cambridge’s National Originations Manager Hymie Barber and underwritten by Cambridge Realty Capital Ltd. of Illinois, the Cambridge business that specializes in underwriting FHA-insured HUD loans. Wyndham Residence is a 58-bed facility devoted to assisted living.
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