News:
Brokerage
Posted: September 12, 2011
Cambridge provides $5.2 million HUD Lean loan
Cambridge Realty Capital Cos. has provided a $5.2 million HUD Lean loan to refinance the Lakeland Rehab and Healthcare Center, a 133-bed skilled nursing facility. Cambridge chairman Jeffrey Davis said the fully amortized, 30-year term first mortgage loan was arranged for the property's owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding program. Underwriting the loan was Cambridge Realty Capital Ltd. of Illinois, the Cambridge business that specializes in underwriting FHA-insured HUD loans. The interest rate was not disclosed.
Tags:
Brokerage
MORE FROM Brokerage
Meridian Capital Group arranges lease for Acupuncture Local at 4407 Broadway in Washington Heights
Manhattan, NY Meridian Capital Group has arranged a retail lease for Acupuncture Local at 4407 Broadway Meridian’s Noam Aziz and Carson Shahrabani
Quick Hits
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
.gif)