Baltimore-based Capital Funding Group closed a $135 million bridge loan for the refinancing and dividend recapitalization of a skilled nursing facility portfolio. The portfolio features nine facilities and 1,448 beds, across Maryland, Georgia and West Virginia, reports The Daily Record. The unnamed borrower is an owner of skilled nursing facilities, according to a press release.
A subsidiary of CFG Bank, Capital Funding Group is a full-service provider of financing solutions for the national health care industry, focusing on the long-term care, assisted living and hospital sectors, and multifamily industry. Read more.
