CapitalSource of Chevy Chase, Md., said Tuesday that it has raised $119 million by mortgaging some of the long-term-care properties it previously agreed to sell to Omega Healthcare Investors.

The mortgage financing is guaranteed by the Department of Housing and Urban Development. CapitalSource, which did not identify the mortgage lender, said it used the proceeds from the financing to reduce debt and add liquidity at the parent company level.

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