Cambridge Realty Capital Companies reports providing a $26,920,000 HUD-Insured loan to refinance Huntington Hills Center for Health & Rehabilitation, a skilled nursing facility located in Melville, New York. Jeffrey A. Davis, Cambridge Chairman, said that a fully-amortizing, 24-year term loan was issued to the owner, a New York corporation. The loan was coordinated by Cambridge’s National Originations Manager Hymie Barber and underwritten by Cambridge Realty Capital Ltd. of Illinois, the Cambridge business that specializes in underwriting FHA-insured HUD loans.
Huntington Hills is a 320-bed facility devoted to skilled nursing care.
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