Baltimore-based Capital Funding Group recently closed three HUD transactions totaling nearly $25 million for a repeat borrower. Erik Howard, Managing Director of Real Estate Finance, facilitated the loans, which included a $9.06 million mortgage for a Colorado skilled nursing facility, a $9.96 million loan for a Washington facility and $5.75 in financing for another Washington SNF. All three loans refinanced existing term loans from conventional lenders, and Mr. Howard executed a no-lockout, five-year prepayment penalty structure that gave the borrower, a national operator of SNFs and assisted living communities, greater flexibility in the medium term.