Cambridge Realty Capital Companies Provides $11.9M Loan For Medical Facility In Chicago

An $11,977,000 loan was recently secured for the acquisition of a medical facility located at 820 West Lawrence Avenue in Chicago. The loan is fully amortized over a 40-year period, providing a long-term financing solution for the property. The facility boasts 300 beds and is an integral part of the local medical infrastructure.

Summary of transaction details

• Property Type: Medical Facility
• Transaction Amount: $11,977,000
• Address: 820 West Lawrence Avenue, Chicago
• Market: Chicago
• Lender: Cambridge Realty Capital Companies - Jeffrey A. Davis

The loan was secured through the reputable lender, Cambridge Realty Capital Companies, with Jeffrey A. Davis as the representative. The favorable terms of the loan, such as its fully amortized nature over 40 years, provide a stable and reliable financing solution for the acquisition of the medical facility. This transaction highlights the prominent role played by Cambridge Realty Capital Companies in facilitating successful real estate deals in the Chicago market.