• Strawberry Fields REIT’s 2025 Growth

    Strawberry Fields REIT reported its 2025 operating results, noting that it was the best year since its inception more than 10 year ago. The company posted significant increases in FFO and AFFO, and it completed more than $110 million in several new acquisitions. Its portfolio now includes 131 skilled nursing facilities, 10 assisted living... Read More »
  • Owner/Operator Exits SNF Sector

    An independent owner/operator exited the skilled nursing sector through its divestment of Sunrise Country Manor, which has 80 beds in Milford, Nebraska, and features a mix of private and semi-private units. It maintained an 83% occupancy rate at the time of the sale. A regional operator looking to expand its footprint in Nebraska acquired the... Read More »
  • Assisted Living Providers Join Forces 

    Majestic Residences recently expanded its footprint, adding 17 assisted living communities and six in active development, through its acquisition of Avendelle Senior Living. Avendelle will be integrated into the Majestic Residences platform, with Avendelle’s corporate team retained. The combined organization will operate under the Majestic... Read More »
  • Investor Secures Financing and Acquires Class-A Community

    BWE’s Seniors Housing Capital Markets Team sold and financed The Capstone at Station Camp, which sits in the Nashville, Tennessee MSA. Built in 2021, the Class-A assisted living and memory care community comprises 100 units in Gallatin. It is operated by TerraBella Senior Living.  BWE represented the seller, Hunt Midwest. The buyer was a... Read More »
  • Multiple SNFs Sell in Separate Transactions

    A large skilled nursing company sold its 181-bed skilled nursing facility to a private investment firm based in New York, exiting South Carolina in the process. The buyer had an existing skilled nursing footprint, and will be leasing this facility to a regional operator. The building was older, built in the 1980s, and was around 80% occupied at... Read More »
CFG Announces Record-Breaking Closings in 2021

CFG Announces Record-Breaking Closings in 2021

Capital Funding Group (CFG) broke a company record for deal volume in 2021, and more than doubling its 2020 financing total, having financed more than $3.8 billion and executed 155 deals across the United States. This includes 85 HUD loans in excess of $720 million. The most prominent deal involved a $650 million bridge loan, representing the largest single financing deal the company has executed in 10 years.  CFG closed several other bridge loans, including the refinancing of a 3,140-bed skilled nursing portfolio spanning Colorado, California and Wyoming. Over in New York, CFG also closed an $89 million bridge loan for the refinancing of a 239-bed facility in Queens. There were also... Read More »
Capital Funding Group Expands Seniors Housing Team

Capital Funding Group Expands Seniors Housing Team

Capital Funding Group (CFG) has promoted Director Erik Howard to executive managing director of business and marketing in an effort to amplify their focus on the seniors housing and multifamily housing sectors. Throughout Mr. Howard’s 17-year tenure at CFG, he has been involved in the financing of over $7 billion in healthcare and multifamily assets. CFG has assembled a new team around these sectors in tandem with Mr. Howard’s promotion announcement, with industry-vet Ken Assiran set to lead the new seniors housing lending platform. Mr. Assiran has a 30-year background in financings and debt-structuring, and will continue to run CFG-affiliate Capital Health Group in addition to these new... Read More »
Capital Funding Group Closes Loan For SNF Portfolio

Capital Funding Group Closes Loan For SNF Portfolio

Capital Funding Group’s standout year continues with another large term loan closed for a 29-asset skilled nursing portfolio. Located in Colorado, California and Wyoming, the properties include 28 skilled nursing facilities and one SNF with assisted living units as well, all totaling 3,410 beds. Capital Funding Group worked on behalf of the owner, a private real estate investment group, to close a $262.6 million term loan that refinanced the portfolio. In addition, CFG underwrote the transaction of operations from SavaSeniorCare to four new regional operators. Erik Howard and Director Tim Eberhardt originated the transaction.  This brings CFG’s bridge-to-HUD loan closings to $2.3 billion... Read More »
CFG Announces Record-Breaking Closings in 2021

Capital Funding Group Closes Big Bridge Financing

Capital Funding Group announced its largest single financing deal in 10 years, closing a bridge-to-HUD loan totaling more than $650 million. The purpose of the loan is not known, nor the properties being financed, but the deal takes CFG’s year-to-date dollar volume to over $1.5 billion of secured loans. Director Craig Casagrande and Senior Associate Andrew Jones originated the transaction for CFG.  Read More »
CFG Announces Record-Breaking Closings in 2021

Capital Funding Hits Impressive Mark For Q1 Closings

News of Capital Funding Group’s first quarter activity trickled out throughout the first three months of the year, but the firm recently confirmed that they financed in excess of $800 million for its clients across 13 bridge loans and 31 HUD loans. Even under “normal” circumstances, a quarter like that is certainly one to show off.   We already profiled a couple of the transactions, the largest being a $285 million bridge-to-HUD loan for the acquisition of 16 skilled nursing facilities in the Mid-Atlantic. Erik Howard and Tim Eberhardt originated the transaction for Capital Funding Group, and Capital Funding, LLC, a subsidiary of CFG Bank, participated in the transaction.  Another notable... Read More »