News: Brokerage

Cambridge Realty Cap. provides $6.5 million loan

Cambridge Realty Capital Companies has provided a $6.5 million FHA-insured first mortgage loan to refinance and fund a 5,075 s/f addition at Pine Acres Care Center, a 119-bed nursing home facility. Cambridge chairman Jeffrey Davis said the fully-amortized, 40-year loan was arranged for the company's owner by Cambridge Realty Capital the Cambridge business that underwrites HUD loans. Cambridge is the creator of The Signature ExperienceË™, a four-step process designed to transform the traditional lender / borrower relationship and identify „ideal‰ capital solutions for worthy projects.  The company has created four separate processes for customer groups that are designed to build and enhance long-term relationship potential and speed the way loans are processed and closed. Programs include The Key To CapitalË™ for senior housing owners, The Navigator ExperienceË™ for senior housing brokers and mortgage bankers, The Principal Lender NetworkË™ for lenders who refer loans to Cambridge, and The Relationship Building ExperienceË™ for various industry-related consultants, including lawyers and accountants. The company has a regional office in New York, affiliate office in Los Angeles, and correspondent relationships nationwide. The firm also has established key origination relationships and a dozen or more Internet-based strategies. Cambridge‚s award-winning Web site, www.cambridgecap.com, provides monthly rate updates for its debt and equity capital programs. The company also publishes the bi-monthly e-PULSE electronic newsletter, which delivers company news and feature stories via e-mail to corporate friends and clients. For additional information, contact Cambridge at (312) 357-1601 or via e-mail at [email protected].
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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 commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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