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].
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