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BALTIMORE — A lender group including CFG, Ally Bank and Northwind Group has closed an $806 million unitranche bridge-to-HUD financing on behalf of undisclosed borrowers.
The borrowers will use the funds to acquire the real estate of 36 skilled nursing properties totaling more than 3,900 beds throughout the country.
Baltimore-based CFG is the sole provider of the B-tranche within the financing. Patrick McGovern and Ryan Hunsicker of CFG originated the transaction for the company.