Skilled Nursing News May 28, 2024
Capital Funding Group (CFG) has successfully closed a $9.75 million Bridge-to-HUD loan to refinance a 123-bed skilled nursing facility in Massachusetts. The transaction was completed on May 1, 2024, for a nationally recognized borrower.
“CFG has been a cornerstone in the healthcare financing sector for more than 30 years, and we’re proud to help yet another client achieve their business goals,” said Tim Eberhardt, CFG Bank Chief Lending Officer, Bridge and HUD Loans. “We remain at the forefront of the industry by not just providing financial solutions but by being an expert partner who will be there every step of the way to help our clients achieve success.”
This loan follows CFG’s recent closure of a $36.2 million Bridge-to-HUD loan...
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