Capital Funding Group (CFG) Closes $253.2 Million Bridge Loan for Refinancing of Seven Skilled Nursing Facilities
Capital Funding Group (CFG), a leader in the nationwide healthcare and multifamily financing industries, today announced the closing of a $253.2 million bridge loan. The deal supports the refinancing of six skilled nursing facilities in Maryland and one in Virginia, featuring a total of 1,050 beds. CFG closed the transaction on November 20, 2025.
“Executing a financing deal of this size, supporting seven skilled nursing facilities, is a testament to the complex work our team does every day,” said Erik Howard, CFG Bank President. “Q4 has been exceptionally active, and this transaction is another example of the continued momentum we’re carrying into 2026 as we support borrowers with creative, certainty-of-execution solutions.”
“This transaction is a great example of how CFG combines expertise with a client-focused approach,” added Tim Eberhardt, CFG Bank Chief Lending Officer, Bridge and HUD Loans. “By structuring financing that meets long-term goals, we help our borrowers unlock capital flexibility, ensuring they have the resources needed to deliver the highest level of care and ultimately improve quality of life for residents.”
Managing Director, Real Estate Craig Casagrande, Director, Real Estate Finance Scott Robinson, and Senior Associate Catherine Mansel originated the transaction for the company.
These transactions follow CFG’s recent announcement highlighting the closing of more than $350.9 million across twelve transactions from mid-September through the end of October. The transactions supported 25 skilled nursing facilities and one mixed skilled nursing/assisted living facility across Maryland, New York, South Carolina, Texas, New Jersey, Washington, Georgia, Tennessee, and Missouri on behalf of nationally recognized borrowers.
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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.
