Capital Funding Group closed a $9.5 million HUD loan to refinance an existing bridge loan also executed by CFG. The refinancing supported a 173-bed skilled nursing facility in Pennsylvania owned by a nationally recognized borrower. Capital Funding Group’s Craig Casagrande and Andrew Jones originated the transaction.
The financing follows the company’s recent closing of a $7.2 million HUD loan, which supported the refinancing of a 162-bed skilled nursing facility in Kentucky.