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CFG Closes $132.24M in Refinancing of 4 Nursing Homes; MonticelloAM Closes $87M in Financing for Florida Portfolio
Skilled Nursing News December 6, 2024
Capital Funding Group (CFG) closed on a $132.24 million bridge loan to support refinancing of four skilled nursing facilities in Virginia, while MonticelloAM closed $87 million in financing for a Florida-based SNF portfolio.
CFG Closes $132.24M in refinancing for 4 SNFs
Capital Funding Group (CFG) announced the closing of a $132.24 million bridge loan, on behalf of a nationally recognized borrower. The deal supported the refinancing of four skilled nursing facilities, featuring 731 beds, in Virginia. CFG closed the transaction on Oct. 29 – 47 days from receipt of the signed term sheet.
“We are elated to share the closing of this deal which supported our client’s need for timely funding in order to refinance four skilled nursing facilities,” said...
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