Skilled Nursing News August 16, 2024
Capital Funding Group (CFG) financed more than $440 million in the first half of this year, including 18 health care bridge loans, five multifamily bridge loans and eight HUD loans.
Notable transactions included a $42 million HUD financing package for three skilled nursing facilities in Washington and Idaho, along with a $36.2 million bridge-to-HUD loan for refinancing five nursing homes in North Carolina.
“It’s been a remarkable year so far at CFG, embracing our entrepreneurial approach to lending to deliver tailored solutions to clients across the nation,” Erik Howard, CFG Bank President, said in a statement.
Other notable SNF deals from January through June included a $23.6 million refinancing of a facility in Delaware, $20 million refinancing of a Maryland...
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