• SLIB’s Red-Hot Start to May

    Senior Living Investment Brokerage shot out of the gates in May, announcing six separate closings within just a couple of days. The closings included a couple of portfolios, two seniors housing asset sales and two skilled nursing deals. SLIB is on track for another record-breaking year. The largest deal was an eight-property seniors housing... Read More »
  • Independent Living Asset Near Breakeven Changes Hands

    Blueprint handled the sale of a 60-unit independent living community located just outside of Cleveland, Ohio. At the time of sale, the property was operating around breakeven and offered the opportunity for upside. The option to transition the community to an assisted living waiver model was presented, but the incoming regional owner/operator... Read More »
  • National Health Investors Leans Further Into SHOP Growth

    National Health Investors is continuing to lean into its SHOP segment, having invested $742.5 million into the strategy throughout the first quarter, a 106% increase from the prior year period. Year-to-date, the REIT has announced $212.4 million of investments, and is continuing to evaluate additional opportunities, focusing on private pay... Read More »
  • Senior Care Portfolio Secures Refinancing

    T7 Capital, a boutique seniors housing and healthcare advisory firm founded by industry veterans Ari Adlerstein and Josh Simpson, recently arranged a large bank refinancing for a portfolio of seniors housing and skilled nursing assets in Massachusetts. Working on behalf of a New York-based family office, T7 secured a $57.979 million loan from... Read More »
  • Regional Bank Provides Financing for MC Community

    Jeremy Warren of Montgomery Intermediary Group arranged a refinancing for a client’s 48-unit memory care community in Merrillville, Indiana. Originally built in 2016, the community was stabilized and had an approaching debt maturity. The owner sought to retire both the existing bank debt and an outstanding seller note from the initial... 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 »