Fantini & Gorga has arranged $4.79 million in permanent financing for Aberjona Nursing Center, a 123- bed skilled nursing facility in Winchester.

The transaction used mortgage insurance provided by the Federal Housing Administration (FHA) to obtain low-cost, long-term, fixed-rate financing, according to a statement.

"We were delighted to be able to significantly reduce annual debt service by taking advantage of FHA’s non-recourse financing for our client," said Tim O’Donnell, principal at Fantini & Gorga. "Our affiliated FHA/ MAP Lender, Eastern Mortgage Capital, provided a smooth execution for this repeat borrower. The resulting increase in the facility’s bottom line provided an immediate benefit for our client – and one that will continue for years to come, since today’s rates are at historic lows."