Capital Funding, LLC Begins Financing Multifamily Projects

BALTIMORE, MD – Capital Funding, LLC (CFG) announces the addition of multifamily financing to the list of capabilities for the CFG family of companies. Ken Buchanan joins CFG to work with apartment developers nationwide. This division is the latest move for Capital Funding, LLC, a subsidiary of CFG Community Bank.

“Multifamily financing is a growth opportunity for CFG and Ken is an asset to our team,” said CFG President and Chairman Jack Dwyer. “We will continue to provide access for new projects and this is a great way for CFG to make a long term difference. Ken has the experience and insight to make it happen.”

Prior to joining Capital Funding, Ken served as Deputy Chief Underwriter for CWCapital, managing FHA underwriting for the eastern region of the United States. During his career, Ken has underwritten, received commitments and/or closed over 30 transactions in excess of $485 million in HUD insured loans.

FHA insures multifamily loans originated by FHA-approved lenders for the construction, substantial rehabilitation, acquisition and refinancing of apartments. As an FHA approved lender, Capital Funding is nationally-known, with more than $2.1 billion in loans for healthcare facilities insured by the Federal Housing Administration.

“I am especially proud to join Capital Funding” said Mr. Buchanan. “They have a solid FHA platform and an entrepreneurial approach. I look forward to building this new division, and adding to Capital Funding’s previous success.”

Capital Funding, LLC. is a full service provider of comprehensive financing solutions for healthcare facilities, and now apartments, on a nationwide basis. Capital Funding, LLC is a subsidiary of CFG Community Bank. The CFG family of companies is headquartered in the CFG Tower at 1422 Clarkview Road in Baltimore. Contact Ken Buchanan directly at 410-342-3155 or kbuchanan@capfundinc.com.

CFG Community Bank is an Equal Housing Lender. Member FDIC.