Capital Funding Group closed a $7.2 million HUD loan to take out an existing bridge loan on a 75-bed skilled nursing facility in Ohio. CFG had also executed the bridge debt. The deal was closed on August 17, 2023, on behalf of a nationally recognized borrower. Capital Funding Group Managing Director, Real Estate Finance Tim Eberhardt originated the transaction. The financing follows the company’s recent announcement of its total financing for the first half of 2023, which exceeded $411 million across 27 deals nationwide.
CFG Refinances Previous Bridge Loan with HUD Debt
