Capital Funding Group (CFG) announced a productive first quarter with $840 million in financings. The transactions comprised 10 bridge loans and 11 HUD loans for CFG’s long-term care and assisted living industry clients, plus 13 bridge loans for the company’s multifamily industry clients, nationwide.
Among other deals closed in the first quarter of 2022, CFG executed:
- $316.9 million bridge loan for the refinancing of a nationwide skilled nursing facility portfolio
- $18.8 million HUD loan for a 152-bed skilled nursing facility in Florida
- $7.9 million HUD loan for a 154-bed assisted living facility in Massachusetts
- $12.5 million bridge loan for the acquisition of a skilled nursing facility in Virginia
- $52.2 million bridge loan for the acquisition of a skilled nursing facility portfolio in Florida
- $6.6 million HUD loan for a 175-bed skilled nursing facility in Connecticut
- $7.1 million bridge loan for the refinancing of a skilled nursing facility in California
This financing builds on the company’s momentum from 2021, when CFG executed over $3.8 billion across 155 deals nationwide. That included 85 HUD loan in excess of $720 million and 70 healthcare and multifamily bridge loans in excess of $3.1 billion.
