Nickerson Financial arranges

Lexington, Massachusetts, Doug Nickerson, Nickerson Financial Corporation, Cataumet Massachusetts is pleased to announce the placement of a loan on behalf of its client, Long Term Centers of Lexington Inc. in the amount of $2,500,000.
	Pine knoll Nursing Center 30 Watertown Street Lexington, Massachusetts The property,The Pine Knoll Nursing Center , managed by the client, is an 81 bed skilled nursing facility. It has been in operation for many years and was acquired by the client in the year 2000.

	The owners have over twenty-five years of nursing home experience and own several other similar facilities in Massachusetts . Doug Nickerson stated “We were pleased to have had the opportunity to introduce our client to a lender whose understanding of financing health care facilities such as Pine Knoll, assisted in bringing this transaction to a timely and successful conclusion.” The $2,500,000 loan has a ten year term and is amortized over 25. For Latest Rates, Programs, Closings visit Nickerson Financial’s web site www.nickersonfinancialcorp.com