Capital Funding Group closed three bridge-to-HUD loans for three turnaround opportunities totaling over $25 million, all of which helped finance acquisitions. First, Gary Sever originated a $10.8 million loan, provided by Capital Lending and Mortgage Group, to facilitate the acquisition of two skilled nursing facilities (with 151 and 64 beds, respectively) by affiliates of the ARBA Group for $9.5 million. The funds also allow ARBA to renovate both facilities. Next, Mr. Sever originated an $8.16 million loan from Capital Funding, LLC for ARBA to acquire a 365-bed (though with 265 functional beds) skilled nursing facility in Fort Worth, Texas for $9.6 million. Built in 1974, the facility was formerly on the Special Facility Focus list, but recently graduated from it. As a result, occupancy was 66% and improving, with a 27% quality mix, but it was losing money. Sava Senior Care was the seller, and Concord Healthcare will serve as the facility’s new operator. And finally, Erik Howard helped finance the acquisition of a 130-bed skilled nursing facility in Lynwood, California by a group of private real estate investors. Capital Funding served as sole lender in a $1.95 million mezzanine loan and as agent/senior lender in a $6.5 million bridge loan. Reliant Management will serve as the new operator, as the buyer is entering into a lease with an unaffiliated third party.