Capital Lending Arranges $13.1M Loan to Purchase 5 Texas Skilled Nursing Facilities

by Jeff Shaw

BALTIMORE — Capital Lending and Mortgage Group LLC, a Baltimore-based lender in the healthcare and multifamily sectors, has closed a Bridge-to-HUD loan for affiliates of ARBA Group Inc. to purchase five skilled nursing facilities throughout Texas.

Capital is the sole lender in the $13.1 million deal, and Gary Sever, director of real estate finance for the Southeast region, originated the transaction. The five facilities, all part of Concord Healthcare Group, together total 507 beds. They are:

• Regal Healthcare Residence, Lampasas, Texas

• Mineola Healthcare Residence, Mineola, Texas

• Mission Healthcare Residence, Mount Vernon, Texas

• Pecan Valley Healthcare Residence, San Saba, Texas

• Heritage Healthcare Residence, Quitman, Texas

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