Business

Capital Funding Group funds greater than $840M in Q1


April 19, 2022

Capital Funding Group (CFG) continues to steer the business in closing a excessive quantity of offers and as we speak introduced the financing of greater than $840 million within the first quarter of this yr. This financing included 10 bridge loans and 11 HUD loans for CFG’s long-term care and assisted residing business shoppers, and 13 bridge loans for the corporate’s multifamily business shoppers, nationwide.

Among different offers closed within the first quarter of 2022, CFG executed a $316.9 million bridge mortgage for the refinancing of a nationwide expert nursing facility portfolio, a $52.2 million bridge mortgage for the acquisition of a talented nursing facility portfolio in Florida and a $12.5 million bridge mortgage for the acquisition of a talented nursing facility in Virginia.

This financing builds on the corporate’s momentum from 2021, the place CFG executed over $3.8 billion throughout 155 offers nationwide. This record-setting financing included 85 HUD mortgage in extra of $720 million and 70 well being care and multifamily bridge loans in extra of $3.1 billion.

 







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