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Cambridge Realty Capital Provides $43M for Properties in IL, WA, and IA - Connect CRE

Summary by Connect CRE
Cambridge Realty Capital has provided $43,360,100 in HUD-insured Section 223(f) financing for four senior housing properties located in Illinois, Washington, and Iowa. According to Cambridge’s Managing Director Tony Marino, the Illinois transactions consisted of two affordable rental apartment properties for seniors totaling 196 units located in Chicago, Illinois.The Washington transaction was provided to South Pointe, a 42-bed assisted living f…
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Connect CRE broke the news in on Friday, February 28, 2025.
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