PETERSON PARK HEALTHCARE CENTER SECURES REFINANCING LOAN

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CHICAGO — Beech Street Capital has arranged a $5.6 million HUD 232/223(a)(7) loan for the refinancing of Peterson Park Healthcare Center, a 188-bed skilled nursing facility in Chicago. Joshua Rosen of Beech Street arranged the 17.5-year loan, which will enable the borrower to keep the same term and amortization period as the existing loan.

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