Cambridge Realty Capital Companies reports providing an $18,120,000 HUD Lean loan to refinance Bria of Westmont, a skilled nursing facility, located in Westmont, Illinois. Andrew Erkes, Cambridge President, said the fully-amortized, 35-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding program. Underwriting the transaction was Cambridge Realty Capital Ltd. of Illinois, the Cambridge business that specializes in underwriting FHA-insured HUD loans.
Bria of Westmont is a 215-bed skilled nursing facility. It provides a range of skilled services and programs, including short-term rehabilitation, long-term care, orthopedic rehabilitation, cardio-pulmonary rehabilitation, on-site hemodialysis, wound care, cardiac care, ventilator therapy, aquatic therapy, a geropsychiatric program, and behavioral health care.
