Mainstreet Health Investments Inc. Completes Canadian Public Offering Carmel, Indiana-based Mainstreet, the largest developer of transitional care properties in the United States, announced that its affiliated publicly traded Canadian real estate company, Mainstreet Health Investments Inc. (TSXV: HLP.U), completed its offer and sale of 9.5 million common shares for $95 million in gross proceeds. “We are energized about […]
Capital Funding Group
Capital Funding Group Closes $6.8 Million Bridge-to-HUD and $19.8 Million HUD 232 Loan Capital Funding Group closed a $19.79 million HUD 232 new construction loan for Transitional Care of Arlington Heights in Arlington Heights, Illinois, as well as a $6.8 million bridge-to-HUD loan for Village Square Skilled Nursing Facility in San Marcos, California. Village Square Skilled […]
NHI Announces $14 Million Construction Mezzanine Loan National Health Investors, Inc. (NYSE: NHI), a real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments, has entered into a construction mezzanine loan commitment with its tenant, Senior Living Communities, LLC (SLC), for the development of […]
Capital Funding Group Closes 3 Bridge-to-HUD Loans For Skilled Nursing Facility Acquisitions Capital Funding Group, a full-service provider of comprehensive financing solutions for health care facilities across the country, announced the closing of three bridge-to-HUD loans for acquisitions in North Carolina, Texas and California. A $10.8 million bridge-to-HUD loan will finance the acquisition of Creekside […]
Capital Funding Group Closes 3 Bridge-to-HUD Loans Capital Funding Group, a health care commercial lender based in Baltimore, Maryland, has closed on three bridge-to-HUD loans: a $7.9 million loan for the acquisition of two skilled nursing facilities in Texas; a $13.8 million loan for the acquisition of two SNFs in New York; and an $18.9 […]
Capitol Seniors Housing recently purchased an assisted living/memory care community located in Escondido, Ca. for $9.5 million with the help of its capital partner and lender, Capital Funding Group. The Southern California community, Garden Park Villas, has 89 units, 59 of which are currently assisted living. However, Capital Seniors Housing plans to convert up to […]