PROJECT NAME: Bridgewater Center for Rehab & Nursing
LOAN PROGRAM: 232/223(a)7
LOAN AMOUNT: $19,569,800
PROJECT TYPE/SIZE: 331-Bed Skilled Nursing Facility
Century refinanced Bridgewater’s existing HUD-insured loan via HUD’s LEAN 232/223(a)7 streamlined refinancing program in order to take advantage of the current low interest rates and produce significant debt service savings.