Capital Funding Group Arranges $40.4M Bridge Loan for Two-Property Skilled Nursing Acquisition

by Jeff Shaw

CALIFORNIA and KENTUCKY — Capital Funding Group has arranged $40.4 million in bridge-to-HUD financing for the acquisition of two skilled nursing facilities.

The facilities, which are located in California and Kentucky, feature 270 beds. The borrower previously operated these facilities, and through this transaction was able to purchase the real estate.

Patrick McGovern and Tommy Dillon originated the transaction for Capital Funding Group.

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