
Capital Funding Group (CFG) Closes Six Deals Totaling More Than $86 Million
Total Financing Supported Two Memory Care Facilities, Four Skilled Nursing Facilities, and One Psychiatric Hospital
Capital Funding Group (CFG), a leader in the nationwide healthcare and multifamily financing industry, today announced the company financed more than $86 million across six transactions from early to mid-August. The transactions supported two memory care facilities, four skilled nursing facilities, and one psychiatric hospital throughout Missouri, California, Tennessee, Texas and Virginia on behalf of nationally recognized borrowers, one of which is a returning client.
“These transactions highlight our continued focus on delivering tailored financing that supports both immediate needs and long-term growth for our clients,” said CFG Bank President Erik Howard. “Whether through refinancing, acquisitions, or repositioning projects, we’re proud to partner with clients in ways that help strengthen healthcare delivery and ensure these critical facilities remain viable for the future. The psychiatric hospital project in Missouri is a strong example of how we help clients acquire and reposition assets to meet critical healthcare needs.”
“This latest round of financing showcases the strength and versatility of our platform,” added CFG Bank Chief Lending Officer, Bridge and HUD Loans Tim Eberhardt. “From refinancing strategies for returning clients to repositioning a former senior living facility into a psychiatric hospital, we are continuing to deliver structures that solve challenges and align with each client’s unique goals.”
Details of the six transactions include:
- $33.1 million senior loan for the refinancing of two memory care facilities in Missouri and California, featuring a total of 122 beds. Last year, CFG provided a mezzanine loan for the borrower to acquire. CFG Chief Lending Officer, Bridge and HUD Loans Tim Eberhardt, Managing Director, Real Estate Craig Casagrande, and Associate Catherine Mansel originated the deal, which closed on August 1, 2025.
- $10.9 million HUD loan for the refinancing of a 150-bed skilled nursing facility in Tennessee. CFG Chief Lending Officer, Bridge and HUD Loans Tim Eberhardt, Managing Director, Real Estate Craig Casagrande, and Associate Catherine Mansel originated the deal, which closed on August 5, 2025.
- $12.7 million HUD loan for the refinancing of a 103-bed skilled nursing facility in Tennessee. CFG Chief Lending Officer, Bridge and HUD Loans Tim Eberhardt, Managing Director, Real Estate Craig Casagrande, and Associate Catherine Mansel originated the deal, which closed on August 5, 2025.
- $9.4 million HUD loan for the refinancing of a 179-bed skilled nursing facility in Texas. CFG Chief Lending Officer, Bridge and HUD Loans Tim Eberhardt, Managing Director, Real Estate Craig Casagrande, and Associate Catherine Mansel originated the deal, which closed on August 13, 2025.
- $20.6 million HUD loan for the refinancing of a 120-bed skilled nursing facility in Virginia. CFG Director, Healthcare Finance Andrew Jones originated the deal, which closed on August 14, 2025.
- $16.4 million bridge loan for the refinancing of a 72-bed psychiatric hospital in Missouri. This transaction supports the transformation of a former senior living facility, originally built in 2001, into a psychiatric hospital. CFG Director Tommy Dillon and Associate Ryan Herman originated the deal, which closed on August 18, 2025.
These transactions follow CFG’s recent announcement highlighting the closing of a $50.3 million delayed draw bridge-to-HUD loan. The deal provided for an immediate recapitalization of thirteen skilled nursing facilities in California, New Hampshire, and Massachusetts. CFG intends to refinance into permanent long-term HUD debt. CFG closed the transaction on August 20, 2025.
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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.