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WASHINGTON and IDAHO — Capital Funding Group (CFG) has provided a HUD financing package totaling $42 million. The package included three loans supporting the refinancing of existing bridge loans for three skilled nursing facilities:
- $9.8 million HUD loan to support an 80-bed facility in Idaho
- $21.6 million HUD loan to support a 101-bed facility in Washington
- $10.6 million HUD loan to support a 108-bed facility in Washington
Tim Eberhardt and Ava Julio originated the transaction. The borrower was not disclosed.