Capital Funding Group Closes Two Bridge Loans Totaling $23.45 Million

Capital Funding Group (CFG) today announced the recent closing of two bridge loans totaling $23.45 million. These loans support two Senior Housing Communities situated in Florida and Michigan.      

On July 22, 2024, CFG completed a $14.50 million acquisition financing on behalf of Investor Land Holding of Brighton, LLC.  The loan facilitated the acquisition of Hampton Manor of Brighton, a prominent 73-unit assisted living and memory care community located in Brighton, Michigan.

Earlier, on June 27, 2024, CFG closed an $8.95 million financing for Lithia Assisted Living, LLC, supporting the refinancing of Twin Creeks Assisted Living and Memory Care. Located in Riverview, Florida, Twin Creeks is an 80 unit assisted living and memory care community.

“These successful financings are a testament to our commitment to providing exceptional service and tailored financial solutions,” said Ken Assiran, CFG’s Managing Director – Senior Housing.  “Our goal is to make the loan process as straightforward as possible so that our clients can focus on achieving their business goals.”

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About Capital Funding Group (www.capfundinc.com)
Capital Funding Group is a full-service provider of comprehensive financing solutions for the national healthcare industry, focusing on the long-term care, senior housing, independent living, assisted living, memory care, 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.