Capital Funding Group
A $19.1 million bridge-to-HUD loan for Hudson Pointe Nursing and Rehabilitation, and a $3 million working capital loan to finance operations was announced by Capital Funding Group.
Capital Funding Group announced four new loans, including close to $13 million for a memory care facility in Virginia.
Capital Funding Group announced the closing of a $13.7 million cash flow term loan to the CommuniCare Family of Companies, an $8.7 million bridge-to-HUD loan for the acquisition of two MidMichigan Health skilled nursing facilities and two working capital loans for facilities in Michigan and Illinois.
Capital Funding Group has closed a HUD loan for The WaterLeaf at Land Park in Sacramento, CA.
Braswell Colonial Care, a skilled nursing facility in Redlands, CA, received a bridge-to-HUD acquisition financing deal worth $13.9 million through Capital Funding Group.
Lauren Rexroat has been hired as executive vice president at Capital Funding Group.
Glen Dwyer will lead the Capital Lending and Mortgage Group at Capital Funding Group, the company announced in February.
Capital Lending and Mortgage Group, Capital Finance and Capital Funding announced loans for several skilled nursing facilities that closed in December.
Capital Funding announced three loans, including a Bridge-to-HUD loan for the acquisition of a skilled nursing facility in Florida.
Capital Funding Group — a provider of financing solutions for multifamily properties and healthcare facilities — recently closed three separate deals in July.
CFG Capital Markets, the investment banking platform of Capital Funding Group, announced it was an advisor on a $141.7 million portfolio.
The Capital Funding Group announced Tim J. Cobb is the managing director for its healthcare investment banking group. Cobb brings more than 17 years of banking and real estate transaction experience to the position. He has led teams in capital formation, advisory services, underwriting, asset management and merger/acquisition transactions totaling more than $1 billion in his career. Most recently, he was a senior director at Chicago-based Heavenrich and Company.