Cambridge Staff "Readily Available" For $28,000,000 Three-Property HUD Loan Closing, According To Continuing Healthcare Vice President
Ben Parsons, General Counsel and Vice President of Continuing Healthcare Solutions of Ohio, says Cambridge Realty Capital staff members were “readily available” throughout a recent deal. The entire process took about nine months and involved obtaining three HUD Lean loans for three separate properties.
Parsons worked closely with Cambridge Vice President Anthony Marino and Managing Director Sampada D’silva throughout the duration of the deal. It was a unique collaboration between Cambridge Realty Capital Companies’ two business units, Cambridge Realty Capital, LLC and Cambridge Realty Capital Ltd. of Illinois, which worked with both the seller and the buyer, Continuing Healthcare. Continuing Healthcare had already leased the three properties and been acting as operator, with the long-term goal of owning all three Ohio-area properties.