Capital Funding Group recently announced the closing of four transactions for three different skilled nursing facilities across the country. First up, Capital Funding provided an undisclosed amount of subordinated debt to finance the acquisition of a 175-bed SNF in Modesto, California. A group of private real estate investors was the buyer, which brought on an affiliate of Windsor Healthcare to operate. Next up, in a deal that may sound familiar to our readers, CFG financed Vita Healthcare Group’s acquisition of a 140-bed skilled nursing facility in Hatboro, Pennsylvania. There were three parts to the transaction. Capital Funding arranged a $13.36 bridge-to-HUD loan funded through a combination of senior and mezzanine debt, which also included a turnaround component in which the borrower could increase the loan amount based on projected improvements to the facility’s performance. Then, Capital Funding provided a $1.5 million working capital loan to Vita to finance operations. CFG served as agent and senior lender in the transactions. Finally, for two Michigan skilled nursing facilities totaling 273 beds, Capital Finance LLC arranged a $7 million working capital line of credit for the operator while it works to obtain new provider numbers from CMS.