Capital Funding Group helped finance a nationally recognized borrower’s in-the-money purchase option for a 120-bed skilled nursing facility in Virginia. CFG Vice President Andrew Jones originated the transaction. The $19.8 million bridge-to-HUD loan covered 100% of the acquisition and closing costs.
The financing follows the company’s recent closing of a $9.5 million HUD loan, which supported the refinancing of an existing bridge loan also executed by CFG for a 173-bed skilled nursing facility in Pennsylvania.
