Cambridge Realty Capital recently closed a $10,666,565 HUD-insured loan for Pine Acres Healthcare & Rehabilitation Center, a 102-bed Skilled Nursing facility located in Madison, New Jersey.
 
Hymie Barber, Cambridge’s National Originations Manager, said “The loan was underwritten by Cambridge Realty Capital Ltd. of Illinois, our specialists in FHA-insured HUD loans.”  Pine Acres is a long-term care facility and rehabilitation center offering a variety of post-operative services and amenities, including private and semi-private rooms.
 
Privately owned since 1983, Cambridge today has three distinct business units: FHA-insured HUD loans, conventional financing, and investments and acquisitions.
 
The company is one of the nation's leading specialized senior housing and healthcare debt and equity capital providers, with more than 500 closed senior housing transactions totaling more than $6.5 billion.