BALTIMORE — Capital Funding Group (CFG), a Baltimore-based lender, has provided loans totaling $32.4 million for skilled nursing providers in the Midwest.
Skilled Nursing
Popular Community Bank Closes $42.5M in Financing for Skilled Nursing Facility in Staten Island
by Jeff Shaw
NEW YORK CITY — Popular Community Bank, a subsidiary of Popular Inc. (NASDAQ: BPOP), has provided financing totaling $42.5 million for Richmond Center for Rehabilitation, a 372-bed skilled nursing facility in the Staten Island borough of New York City.
IRVINE, CALIF. — HCP (NYSE: HCP), one of the largest healthcare real estate investment trusts in the United States, will spin off its HCR ManorCare portfolio of skilled nursing and assisted living assets into an independent, publicly traded REIT. The company’s board of directors approved the plan today.