Capital Funding Group announced the closing of a $65 million bridge loan to support the refinance of nine senior care facilities in Ohio. The portfolio includes one independent living community, one assisted living community, and seven skilled nursing facilities totaling 709 beds. The financing was closed on behalf of a nationally recognized borrower. Capital Funding, LLC Managing Director, Real Estate Finance, Craig Casagrande and Capital Funding, LLC Associate Catherine Mansel originated the transaction for the company.
CFG Secures Bridge Refinance for Ohio Portfolio
