Capital Funding Group (CFG) announced that the company executed more than $2.7 billion in financing deals throughout 2022. The transactions consisted of seniors housing and multifamily properties. Of that total, CFG financed 24 HUD loans, in excess of $250 million, and 88 healthcare and multifamily bridge-to-HUD loans, in excess of $2.5 billion. Some highlights from CFG’s seniors housing and long-term division included:
- $317 million bridge loan for the refinancing of a nationwide skilled nursing facility portfolio
- $40 million loan for the refinancing of an assisted living/memory care community in Simi Valley, California
- $19 million HUD loan for a 152-bed skilled nursing facility in Florida
- $18 million loan to refinance a 99-bed assisted living/memory care community in Highland, California
- $11 million in bridge-to-HUD financing for the acquisition of an 84-bed skilled nursing facility in Pittsgrove, New Jersey
- $7 million HUD loan for a 175-bed skilled nursing facility in Connecticut
