Capital Funding Group announces SNF deals
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.
The SNF has 243 beds and has units that include rehabilitation, memory care, long-term care and hospice. Capital Funding served as agent/senior lender in the deal.The company also announced a bridge-to-HUD loan for the acquisition of two skilled nursing facilities worth $18.3 million: Susquehanna Valley Nursing and Rehabilitation Center and Rheems Nursing and Rehabilitation Center. The two Pennsylvania facilities have 256 beds total.