CFG announced the closing of 24 transactions totaling more than $413 million from late June through late August. Meanwhile, a two-facility skilled nursing portfolio in Vermont, totaling 94 licensed beds, changed hands.

$413M in financing across 13 states

CFG announced the closing of 24 transactions totaling more than $413 million from late June through late August 2026. 

The financing supported 54 skilled nursing and assisted living communities, as well as a multifamily portfolio, across 13 states on behalf of new and longtime CFG borrowers. 

The group of closings ran the full range of ground-up construction and acquisitions to mezzanine financing and express-lane HUD refinancings, according to Tim Eberhardt, Executive Vice President of Bridge, HUD and Agency at CFG Bank.

“Each deal was structured around the borrower’s specific timeline and capital needs, allowing us to move this volume of transactions across the finish line in just a few months,” he said in a press release.

Details of the transactions are as follows:

• $20.8 million bridge loan for the ground-up new construction of a 136-bed replacement skilled nursing facility in South Carolina, expanding capacity by 32 beds near the original facility to ensure a seamless operational transition. The deal closed on June 22, 2026. CFG Director, Head of West Region for Skilled Nursing Real Estate Patrick McGovern and CFG Associate Vice President Ryan Hunsicker originated the deal. 

• $40.9 million bridge-to-HUD refinancing for a three-facility, 396-bed skilled nursing portfolio in California. The deal closed on June 25, 2026. CFG Associate Vice President Ava Julio originated the deal. 

• $3.7 million HUD loan refinancing an existing bridge loan for a 56-bed skilled nursing facility in Arizona, executed through CFG’s bridge-to-HUD program. CFG Managing Director and Co-Head of Healthcare Business Development, Head of South Region for Skilled Nursing Real Estate Tommy Dillon originated the deal, and the financing closed on June 25, 2026. 

• $23.6 million bridge loan for the acquisition of a 180-bed skilled nursing facility in Colorado. The deal closed on June 30, 2026. CFG Managing Director and Co-Head of Healthcare Business Development, Head of Northeast Region for Skilled Nursing Real Estate Andrew Jones and Ava Julio originated the deal. 

• $16.9 million mezzanine loan supporting the acquisition of 17 skilled nursing and assisted living facilities totaling 1,122 beds/units in Ohio. The deal closed on June 30, 2026. Andrew Jones and CFG Associate Vice President Catherine Mansel originated the deal. 

• $25.3 million bridge loan for the recapitalization of a 110-bed skilled nursing facility in Pennsylvania. The deal closed on July 14, 2026. Andrew Jones and Ava Julio originated the deal. 

• $32.7 million mezzanine loan helping secure $237.5 million in total refinancing for a 12-facility, 1,431-bed skilled nursing portfolio across California and Washington, supporting a partnership buyout and facility capitalization. The deal closed on July 15, 2026. Patrick McGovern and Ryan Hunsicker originated the deal. 

• $16.1 million bridge loan for the acquisition of a 249-bed skilled nursing facility in Colorado. The deal closed on July 20, 2026. Andrew Jones and Ava Julio originated the deal. 

• $17.3 million HUD Section 232/223(f) refinancing for two skilled nursing facilities totaling 191 beds in Georgia. The deal closed on July 21, 2026. CFG Vice President of South Region for Skilled Nursing Real Estate Jimmy Zabel originated the deal. 

• $3.9 million HUD loan refinancing a CFG-originated acquisition loan for a 30-unit, 40-bed assisted living community in St. Cloud, Florida, the borrower’s first HUD loan. CFG Managing Director of Senior Housing Real Estate Ken Assiran and CFG Vice President Jake Walsh originated the deal, and the financing closed on July 28, 2026. 

• $15.0 million line of credit to a long-time CFG borrower’s property management company, providing operational flexibility to support continued growth and execute strategic initiatives across their multifamily portfolio. The deal closed on July 31, 2026. CFG Associate Andrew Yerger originated the deal. 

• $16.6 million bridge loan for the acquisition of a 100-bed skilled nursing facility in Florida. The deal closed on July 31, 2026. Andrew Jones and Catherine Mansel originated the deal. 

• $22.3 million bridge loan for the acquisition of two skilled nursing facilities totaling 213 beds in Arkansas. The deal closed on August 3, 2026. Tommy Dillon and Associate Ryan Herman originated the deal. 

• $9.3 million bridge loan for the acquisition of an 83-unit assisted living community in Yakima, Washington, for an existing CFG client. The deal closed on August 4, 2026. CFG Managing Director of Senior Housing Real Estate Ken Assiran and CFG Vice President Jake Walsh originated the deal. 

• $8.9 million bridge loan refinancing a 62-unit, 101-bed assisted living community in Margate, Florida, for a new CFG client. The deal closed on August 4, 2026. Ken Assiran and Jake Walsh originated the deal. 

• $8.4 million HUD refinancing closed via HUD’s Express Lane for a 77-bed skilled nursing facility in Kansas. The deal closed on August 5, 2026. Ava Julio and Tommy Dillon originated the deal. 

• $15.8 million HUD refinancing and recapitalization closed via HUD’s Express Lane for a 118-bed skilled nursing facility in Virginia. The deal closed on August 13, 2026. Tommy Dillon and Ava Julio originated the deal. 

• $11.9 million HUD Section 232/223(f) refinancing for a 149-bed skilled nursing facility in Augusta, Georgia. CFG originally financed this property’s acquisition alongside a second Augusta asset in 2023. After performance improved, CFG cross-collateralized a third, underperforming property to resolve borrower debt, then released the third property free and clear once the Augusta facilities could stand alone. The deal closed on August 13, 2026. Jimmy Zabel originated the deal. 

• $5.0 million HUD Section 232/223(f) refinancing for a 79-bed skilled nursing facility in Valdosta, Georgia. The deal closed on August 13, 2026. Jimmy Zabel originated the deal. 

• $25.3 million bridge-to-HUD refinancing for a 146-unit independent and assisted living community in Port Orange, Florida. The community is a top performer and well regarded in the marketplace, and the deal marks a new client relationship for CFG with a borrower that owns a broader portfolio of senior housing communities nationwide. The deal closed on August 18, 2026. Ken Assiran and Jake Walsh originated the deal. 

• $24.9 million HUD refinancing for a 180-bed skilled nursing facility in Pennsylvania. The deal closed on August 19, 2026. CFG Managing Director of HUD Craig Casagrande and Catherine Mansel originated the deal. 

• $17.0 million HUD refinancing for a 120-bed skilled nursing facility in Florida. The deal closed on August 20, 2026. Craig Casagrande and Catherine Mansel originated the deal. 

• $15.8 million and $16.9 million HUD refinancings executed as two separate loan closings for an 88-bed facility in Jacksonville, Illinois, and a 116-bed facility in Cedar, Illinois. Both deals closed on August 27, 2026, and were originated by Ava Julio.  

CFG’s closed more than $1.8 billion in total financing during the first half of 2026.

Vermont SNF portfolio sale

Evans Senior Investments (ESI) announced the sale of Suncrest Communities, a two-facility skilled nursing portfolio totaling 94 licensed beds in St. Albans, Vermont. ESI represented the independent owner-operator in the sale as the owner exited the senior living industry.

The portfolio sold for $10.5 million, or $111,702 per bed. It includes Franklin County Rehab Center, with 64 beds, and The Villa Rehab Center, with 30 beds.

Both communities benefitted from high barriers to entry, strong occupancy, limited direct competition within a 20-mile radius and a favorable local quality mix, ESI noted in its press release. 

Facing an evolving regulatory environment and rising operating costs, the owner engaged ESI to manage the divestiture process. ESI analyzed the portfolio’s operations and identified $560,000 in immediate administrative expense savings available to a new owner.

ESI used the identified savings and a targeted marketing strategy to generate market interest and match the seller with a qualified buyer positioned to improve performance while supporting the owner’s transition out of the industry.

Rhode Island SNF sale

ESI also arranged the sale of an 80-bed skilled nursing facility in Rhode Island on behalf of a regional owner-operator. The sale marked the seller’s exit from the Rhode Island market. 

ESI ran a competitive process that generated strong interest and multiple qualified offers. The buyer was a national owner-operator with an established presence in Rhode Island, further expanding its portfolio in the state.