Hats Off to Capital Funding

About three years after it acquired a 140-bed skilled nursing facility in Hatboro, Pennsylvania, Vita Healthcare Group decided to refinance the property with a HUD loan provided by Capital Funding. Craig Casagrande originated the $16.1 million mortgage, which takes out the original $13.36 million bridge loan and $1.5 million working capital loan provided by the […]

Skilled Nursing Portfolios Sell in the Northeast

Halfway through 2018, Blueprint Healthcare Real Estate Advisors has so far announced 34 closings, making the prospect of breaking their 2017 record of 53 deals even closer. The firm closed June out with two more transactions featuring skilled nursing divestments in the Northeast. First, in New Jersey, Ben Firestone, Chris Hyldahl, Michael Segal and Gideon […]

No rest for the weary

Capital Funding Group recently announced the closing of four transactions for three different skilled nursing facilities across the country. First up, Capital Funding provided an undisclosed amount of subordinated debt to finance the acquisition of a 175-bed SNF in Modesto, California. A group of private real estate investors was the buyer, which brought on an […]

Capital Funding Group funds two SNF acquisitions

Capital Funding Group recently completed two bridge-to-HUD loans for the acquisition of three skilled nursing facilities. The first, an $18.29 million loan arranged by Craig Casagrande, financed the acquisition of two SNFs in Pennsylvania, totaling 256 beds. If this sounds familiar, you would be right, as the transaction, between buyer, Vita Healthcare Group and seller, […]