Construction Loan Called Largest in FHA History
Al Maghazehe, (middle right photo) CEO & President of Capital Health said, “With the financing now in hand, we are confident that we’ll deliver to this region in 2011, the finest healthcare facilities and most advanced medical care available.
“Ginnie Mae is proud to participate in this important community-building construction project,” said Joseph J. Murin, (top right photo) president of Ginnie Mae.
“Funding this loan is a win-win for all involved,” commented John Cerra, fixed-income portfolio manager at TIAA-CREF. “The high-quality, low-risk securities which we will purchase to fund this mortgage to Capital Health match our long-term investment needs as a retirement system.”*
Prudential Financial, Inc., Lisa Iurato, 973-802-5345. email@example.com