Cambridge Realty, Capital Healthcare Advisory Form Alliance

Posted by Orb Staff on May 08, 2009 No Comments
Categories : Commercial Mortgage

dge Realty Capital Cos. and Healthcare Advisory LLC have formed a strategic affiliation that the companies say will allow Cambridge to focus more effectively on HUD Section 242 hospital financing. Cambridge, a licensed Federal Housing Administration (FHA)-insured lender, has consistently ranked among the top HUD 232 nursing home lenders in the country, and Marion has been one of the premier HUD 242 bankers and processors in the country, according to Cambridge Chair Jeffrey A. Davis says. "We view the new arrangement as an important expansion of the Cambridge senior housing and healthcare financing platform," he adds. "The new relationship sets up a win-win situation for both parties." SOURCES: Cambridge Realty Capital, Healthcare A

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