Skilled Nursing News June 29, 2022
Capital Funding Group announced it closed a $135 million bridge loan for the refinancing and dividend recapitalization of a 9-facility portfolio across Maryland, Georgia and West Virginia.
The portfolio features 1,448 beds and is reportedly owned by an industry-leading owner of SNFs.
“We’re excited to continue this year’s momentum with the closing of another stand out loan,” Erik Howard, CFG executive managing director, said in a news release.
Capital Funding Group’s Tim Eberhardt and Ava Julio originated the transaction.
VIUM Closes $74.5M for 11 SNF Portfolio
VIUM Capital closed on a $74,510,000 Department of Housing and Urban Development loan that will be used to acquire 10 SNFs in Arkansas and one in Mississippi.
The portfolio was reportedly sold by...