Capital Funding Group Closes $3.3 Million in Bridge Financing for Acquisition of Two Skilled Nursing Facilities in Washington
Summary
Capital Funding Group (CFG) today announced the closing of $3.3 million in Bridge-to-HUD financing for the acquisition of two skilled nursing facilities. Were excited to share the closing of this financing as its a testament to how we execute deals of all sizes to support our clients, said CFG Managing Director, Long-Term Care Tim Eberhardt. CFGs host of loan offerings paired with our sole-ownership structure, gives us a competitive edge and allows our team to provide our clients a truly customized financing solution every time. More than a traditional lender, we are a partner to our clients, taking their goals on as our own to help them succeed.Capital Funding Group Managing Director, Long-Term Care Tim Eberhardt and Senior Associate Ava Julio originated the transaction for the company.The announcement follows the companys recent closing of a $27.2MM construction loan for the conversion of a partially completed hotel to a 191-unit assisted living community in Sunrise, Florida. The financing was executed through CFGs Seniors Housing Lending Platform.About Capital Funding Group (www.capfundinc.com)Capital Funding Group is a full-service provider of comprehensive financing solutions for the national healthcare industry, focusing on the long-term care, assisted living and hospital sectors, and multifamily industry.