Capital Funding Group announces deals

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Capital Funding Group announced the closing of three deals for skilled nursing facilities.

It closed a $9.845 million HUD loan for a SNF in New York in September, serving as the sole lender.

CFG also closed a bridge-to-HUD loan for a SNF in Pennsylvania, serving as the sole lender for the $6 million loan. That deal closed on Nov. 1.

CFG also announced the closing of a $31.243 million HUD loan for a New York SNF.

It refinanced a short-term bridge loan also funded by Capital Funding at the end of 2016 to provide an equity recapture on the underleveraged facility, the firm said.

That deal closed in October.


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