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BALTIMORE — Capital Funding Group (CFG), a Baltimore-based lender, closed more than $840 million in the first quarter of this year.
The transactions include 10 bridge loans and 11 HUD loans for CFG’s long-term care and assisted living industry clients, plus 13 bridge loans for the company’s multifamily industry clients.
Among the deals closed in the first quarter of 2022, CFG executed:
- a $316.9 million bridge loan for the refinancing of a nationwide skilled nursing facility portfolio;
- an $18.8 million HUD loan for a 152-bed skilled nursing facility in Florida;
- a $7.9 million HUD loan for a 154-bed assisted living facility in Massachusetts;
- a $12.5 million bridge loan for the acquisition of a skilled nursing facility in Virginia;
- a $52.2 million bridge loan for the acquisition of a skilled nursing facility portfolio in Florida;
- a $6.6 million HUD loan for a 175-bed skilled nursing facility in Connecticut;
- and a $7.1 million bridge loan for the refinancing of a skilled nursing facility in California.