Please ensure Javascript is enabled for purposes of website accessibility

Capital Funding Group closes $42M HUD financing package for 3 skilled nursing facilities

Home >maryland news >

Capital Funding Group closes $42M HUD financing package for 3 skilled nursing facilities

Capital Funding Group closes $42M HUD financing package for 3 skilled nursing facilities

Listen to this article

Baltimore-based Capital Funding Group (CFG) Monday announced the closing of a HUD financing package totaling $42 million on June 5. The package included three loans supporting the refinancing of existing bridge loans for three skilled nursing facilities:

  • $9.8 million HUD loan to support an 80-bed facility in Idaho
  • $21.6 million HUD loan to support a 101-bed facility in Washington
  • $10.6 million HUD loan to support a 108-bed facility in Washington

Tim Eberhardt, CFG bank chief lending officer, bridge and HUD loans and Ava Julio, CFG senior associate, originated the transaction for the company.

This financing follows CFG’s recent announcement of the closing of a Bridge-to-HUD loan totaling $9.75 million, on behalf of a nationally recognized borrower. The loan supported the refinancing of a 123-bed skilled nursing facility in Massachusetts. CFG closed the deal May 1.

Related Content

Community College of Baltimore County President Sandra Kurtinitis announced she will step down as the school’s top administrator as of July 31, 2027. (File photo)

CCBC president announces retirement plans

Community College of Baltimore County President Sandra Kurtinitis announced she will step down, effective July […]

June 12, 2026

IMG_9783

State employee union calls on USM Board of Regents to reinstate jobs

AFSCME calls on the University System of Maryland Board of Regents to reverse layoffs affecting 94 unionized s […]

June 12, 2026

coe-msba-june-2026

MD Bar Foundation presents 2026 awards, announces class of fellows

The Maryland Bar Foundation recognized its 2026 award recipients and announced its next class of fellows at it […]

June 12, 2026

moore-msba-june-2026-max

Moore announces funding for immigration legal services on Eastern Shore

Gov. Wes Moore said his administration would provide $800,000 for immigration legal services on the Eastern Sh […]

June 12, 2026

In the Baltimore Register of Wills Democratic primary race, Shanai Dunmore, right, is challenging incumbent Belinda Conaway, left.

Baltimore City register of wills race: Audit, legal attacks hang over campaign

A former top official at Baltimore City’s probate office hopes to shake up her ex-boss's multigenerational fam […]

June 12, 2026

Gov. Wes Moore on April 28, 2025, announces an agreement with the Defense Advanced Research Projects Agency to develop quantum computing testing. (The Daily Record/Jack Hogan)

MD candidates debate impact of Moore’s ‘lighthouse’ push

Maryland candidates discuss Gov. Wes Moore's DECADE Act focusing on biotech and quantum industries amid concer […]

June 12, 2026

Editors Picks

IMG_9783

State employee union calls on USM Board of Regents to reinstate jobs

12/6/2026
coe-msba-june-2026

MD Bar Foundation presents 2026 awards, announces class of fellows

12/6/2026
moore-msba-june-2026-max

Moore announces funding for immigration legal services on Eastern Shore

12/6/2026
In the Baltimore Register of Wills Democratic primary race, Shanai Dunmore, right, is challenging incumbent Belinda Conaway, left.

Baltimore City register of wills race: Audit, legal attacks hang over campaign

12/6/2026
House Speaker Joseline Peña-Melnyk speaks at a bill signing ceremony on April 14, 2026. (Hannah Gaskill/The Daily Record)

Peña-Melnyk calls on utility companies to adhere to policies under Utility RELI[...]

11/6/2026

Commentary

More News

President Donald Trump looks on during a roundtable on collegiate sports in the White House in Washington on March 6, 2026. (REUTERS/Nathan Howard/File Photo)

Judge indefinitely blocks Trump’s ‘anti-weaponization’ fund

12/6/2026
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. (REUTERS file/Dado Ruvic/Illustration/File Photo)

Bank regulators ramp up scrutiny of AI use at financial companies

12/6/2026
A view of the setup ahead of the UFC Freedom 250 fights on the South Lawn of the White House in Washington, D.C., June 11, 2026. (REUTERS/Evan Vucci)

Judge won’t block Trump’s White House UFC event

12/6/2026
An explosion caused by a police munition is seen while supporters of President Donald Trump riot at the U.S. Capitol Building in Washington on Jan. 6, 2021. (REUTERS/Leah Millis)

Trump’s allies have another plan to pay ‘weaponization’ victim[...]

12/6/2026
A general view of a SpaceX building ahead of the SpaceX initial public offering (IPO), in Starbase, Texas, on June 11, 2026. (REUTERS/Gabriel V. Cardenas)

Musk’s SpaceX prices record $75B IPO at $135 a share

12/6/2026