Capital Funding Group announced it closed a $135 million bridge loan for the refinancing and dividend recapitalization of a 9-facility portfolio across Maryland, Georgia and West Virginia.
The portfolio features 1,448 beds and is reportedly owned by an industry-leading owner of SNFs.
“We’re excited to continue this year’s momentum with the closing of another stand out loan,” Erik Howard, CFG executive managing director, said in a news release.
Capital Funding Group’s Tim Eberhardt and Ava Julio originated the transaction.
VIUM Closes $74.5M for 11 SNF Portfolio
VIUM Capital closed on a $74,510,000 bridge loan that will be used to acquire 10 SNFs in Arkansas and one in Mississippi.
The portfolio was reportedly sold by three separate sellers.
The transactions were closed under one loan and were completed in under 60 days.
Blueprint Helps in Sale of 85-Bed SNF in New Mexico
Blueprint announced the sale of an 85-bed SNF in New Mexico.
The facility saw notable census growth in recent years following an operator transition in 2019 with total revenue exceeding $8.5 million.
Blueprint received five offers for the facility and a regional owner-operator looking to expand their footprint in New Mexico was selected.
The transaction marked Blueprint’s second New Mexico skilled nursing sale in the past 30 days.
Reseda SNF Sells For $17.5M
Chicago Title National Commercial Services announced the closing of a SNF in Reseda, California this week for $17.5 million.
The transaction was announced on LinkedIn by Chicago Title NCS’s Chris Miller.
Companies featured in this article:
Blueprint Healthcare Real Estate Advisors, Capital Funding Group, Chicago Title National Commercial Services, VIUM Capital
