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CHICAGO — Cambridge Realty Capital Cos. has provided HUD Section 223 (a)(7) loans for eight senior housing communities in the Chicago metropolitan area and downstate Illinois. The properties include:
– The 97-unit Centennial South Apartments in Mt. Prospect
– The 100-unit Centennial North Apartments in Mt. Prospect
– The 80-unit Carmel House Apartments in Zion
– The 104-unit Lakeland Apartments in Fox Lake
– The 80-unit Forest Apartments in Glen Ellyn
– The 115-unit Jefferson House in Macomb
– The 110-unit Colonial House Apartments in DeKalb
– The 160-unit Vermillion House Apartments in Danville
An Illinois limited partnership owns the properties, all of which received fully amortized 39-year loans.