Capital Funding Group (CFG) Closes $121.5 Million Bridge Loan to Support Refinancing of 12 Skilled Nursing Facilities and Assisted Living Facilities in Texas and Maryland
Capital Funding Group (CFG), a leader in the nationwide healthcare and multifamily financing industry, today announced the closing of a $121.5 million bridge loan. The deal supports the refinancing of twelve skilled nursing and assisted living facilities, with ten in Texas and two in Maryland, featuring a total of 1,625 beds. CFG closed the transaction on September 12, 2025.
“This transaction highlights the strength of our platform and the confidence clients place in our ability to deliver creative, strategic capital solutions,” said CFG Bank President Erik Howard. “By structuring a multi-state portfolio into a single financing, we helped our client unlock efficiencies and position their business for long-term growth.”
“Large-scale financings like this require more than capital—they demand precision, expertise, and a bold, agile approach,” added CFG Bank Chief Lending Officer, Bridge and HUD Loans, Tim Eberhardt. “By bringing multiple assets together under one streamlined structure, we delivered a solution that empowers our client to move forward with confidence.”
Eberhardt, Managing Director, Real Estate, Craig Casagrande, and Associate Catherine Mansel originated the transaction for the company.
This transaction follows CFG’s recent announcement highlighting the closing of six deals for over $86 million in financing on behalf of nationally recognized borrowers. The deals supported financing for two memory care facilities, four skilled nursing facilities, and one psychiatric hospital throughout Missouri, California, Tennessee, Texas, and Virginia. CFG closed the transactions from early to mid-August.
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About CFG Bank
CFG Bank, headquartered in Baltimore, Maryland, provides flexible financing and online banking solutions to the national healthcare and multifamily markets and the Mid-Atlantic commercial banking market. CFG Bank is the largest bank headquartered in Baltimore. CFG Bank has grown from $1 billion in assets at the end of 2019 to over $5.6 billion in assets at the end of June 2025 and is among the five largest and most experienced healthcare bridge-to-HUD lenders in the country, serving its clients and helping them grow for over 30 years. CFG Bank transforms the banking experience by delivering big bank capabilities and expertise, coupled with relationship-driven boutique bank service. CFG Bank has branches in Lutherville and Baltimore City, and a cashless branch in Annapolis. For more information, visit www.CFG.bank, and follow CFG Bank on LinkedIn, Facebook, Instagram, and X. Member FDIC.
About Capital Funding Group (www.capfundinc.com)
CFG is a full-service provider of comprehensive financing solutions for the national healthcare industry, focusing on the long-term care, assisted living and hospital sectors, and multifamily industry. Headquartered in Baltimore, Maryland, CFG is known as a one-stop shop, with expertise in HUD loans, bridge lending, mezzanine financing, working capital loans, and commercial banking services through the CFG family of companies.
About Capital Funding, LLC
Capital Funding, LLC, a subsidiary of CFG Bank, is the national leader in the FHA-insured mortgage industry, providing more than $6 billion in Section 232 mortgages nationwide. CFG Bank is an Equal Housing Lender. Member FDIC.
