Capital Funding Group sets Q1 record, finances more than $800M

Baltimore-based Capital Funding Group (CFG) produced a record-setting first quarter in 2021, financing in excess of

$800 million for its clients in Bridge-to-HUD and HUD loans nationwide, including 13 bridge loans and 31 HUD loans.

Among the deals closed in Q1, CFG executed $285 million in Bridge-to-HUD financing for the acquisition of a skilled nursing portfolio, including 16 facilities in the Mid-Atlantic region. CFG also closed a $88.9 million Bridge-to-HUD loan, which refinanced a 239-bed assisted living facility in Queens, N.Y. and a 184-bed assisted living facility in Brooklyn, N.Y.; both facilities are licensed Assisted Living Program facilities by the State of New York.

Serving and standing by its clients and partners for over 25 years, CFG is an industry leader dedicated to providing full-service financing, investing and advisory solutions to the health care and multifamily industries, all under one roof.

Capital Funding Group is a full-service provider of comprehensive financing solutions for health care facilities nationwide, focusing on the long-term care, assisted living and hospital sectors. CFG is known as a one-stop shop for healthcare facility owners and operators, with expertise in HUD loans, bridge lending, working capital loans, commercial banking and investment advisory services through the CFG family of companies.

Capital Funding LLC, a subsidiary of CFG Community Bank, is the national leader in the FHA-insured mortgage industry, providing more than $2 billion in Section 232 mortgages nationwide since the inception of the LEAN program. CFG Community Bank is an Equal Housing Lender.


From The Daily Record: https://thedailyrecord.com/2021/04/21/capital-funding-group-sets-q1-record-finances-more-than-800m/

Daily Record Staff

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