Capital Funding Group (CFG) Finances More Than $930 Million in First Half of 2025

Capital Funding Group (CFG), a leader in the nationwide healthcare and multifamily financing industry, today announced the company’s Bridge-to-HUD and HUD teams financed more than $930 million across 50 transactions in the first half of 2025. This financing included 14 HUD loans, 21 bridge loans and, 15 accounts receivable loans for clients across the country.

“Our momentum in the first half of 2025 highlights our competitive advantage—driven by entrepreneurial thinking, deep industry expertise, and a commitment to delivering real value for our clients,” said CFG Bank President Erik Howard. “We’re not just providing capital; we’re helping our clients grow smarter with tailored solutions that traditional lenders can’t offer.”

CFG Bank Chief Lending Officer, Bridge and HUD Loans Tim Eberhardt added, “These transactions reflect how we help move our clients’ visions forward. Every deal we structure is part of a larger strategy to strengthen portfolios, unlock new opportunities, and create lasting value for our clients. That’s what it means to have a lending partner who sees the full picture and that’s the CFG way.”

A sample of transactions closed includes:

• $137.5 million bridge loan for the acquisition of eight skilled nursing facilities in Pennsylvania, featuring 1,906 beds. The transaction was originated by Managing Director, Real Estate Craig Casagrande and Associate Catherine Mansel. CFG also provided an $18 million working capital line of credit, which was originated by Director Jim Ginty.
• $93.8 million bridge loan for the acquisition of 12 skilled nursing facilities in Utah. CFG also provided a $15 million working capital line of credit, upsizing an existing line of credit. The bridge loan was originated by Director Tommy Dillon and the line of credit was originated by Managing Director Jeffrey Stein.
• $56.5 million bridge loan increase for a partnership buyout and operator change for three skilled nursing facilities, featuring 609 beds, in Illinois. The transaction was originated by Managing Director, Real Estate Craig Casagrande and Associate Catherine Mansel.
• $48.6 million bridge loan for the refinancing of a 180-bed skilled nursing facility in Maryland. The transaction was originated by Director, Healthcare Finance Andrew Jones and Senior Associate Ava Julio.
• $42.8 million bridge loan for the refinancing of two skilled nursing and assisted living facilities in Ohio, featuring 642 beds. The transaction was originated by Director, Healthcare Finance Andrew Jones and Associate Catherine Mansel.
• $33.9 million HUD loan for the refinancing of a 403-bed skilled nursing facility in Pennsylvania. The transaction was originated by Managing Director, Real Estate Craig Casagrande.
• $25.0 million bridge loan for the refinancing of five skilled nursing facilities in Virginia, featuring 676 beds. CFG’s financing contributed to the borrower’s total $205 million loan. Managing Director, Real Estate Craig Casagrande and Associate Catherine Mansel originated the transaction.
• $21.0 million HUD loan for the refinancing of a 148-bed skilled nursing facility in Georgia. The transaction was originated by Vice President James Zabel.
• $16.5 million HUD loan for the refinancing of a 130-bed skilled nursing facility in Alamo, Texas. The transaction was originated by Director, Long-Term Care Patrick McGovern. CFG provided the borrower initial acquisition bridge financing.
• $14.4 million HUD loan for the refinancing of a 121-bed skilled nursing facility in California. The transaction was originated by Chief Lending Officer, Bridge and HUD Loans Tim Eberhardt and Senior Associate Ava Julio.
• $14.0 million bridge loan for the refinancing to convert an existing senior housing facility into a 72-bed geriatric psychiatry facility in Texas. The transaction was originated by Vice President Tommy Dillon.
• $9.2 million HUD loan for the refinancing of a 119-bed skilled nursing facility in Georgia. The transaction was originated by Vice President James Zabel.
• $7.4 million HUD loan for the refinancing of a 121-bed skilled nursing facility in Pennsylvania. CFG provided the initial bridge financing for the acquisition. The transaction was originated by Managing Director, Real Estate Craig Casagrande.
• $3.5 million bridge loan for the cash-out refinance of a 36-unit assisted living facility in Moses Lake, Washington. The transaction was originated by Managing Director of Senior Housing Lending Ken Assiran and Vice President Jake Walsh for an existing client of CFG.

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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 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 $5.3 billion in assets at the end of 2024 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, 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.