CFG Closes $318.8 Million in Financing Across Two Transactions for Skilled Nursing Operator
First Transaction Supports Facilities in Missouri and Kansas; Second Transaction Supports Facilities in Missouri, Kansas, and Ohio
CFG, a leader in the nationwide healthcare and multifamily financing industries, today announced the closing of two transactions totaling $318.8 million on behalf of a single borrower. The financing comprises $288.8 million in financing for the acquisition and sale leaseback of 22 skilled nursing facilities, featuring 1,884 beds, across Missouri and Kansas and a $30 million working capital line of credit supporting the operator’s full, 40-facility, 4,224-bed portfolio across Missouri, Kansas, and Ohio.
The $288.8 million deal was executed through multiple financing vehicles, provided 100% by CFG; the financing was originated by CFG Managing Director & Co-Head of Healthcare Business Development Andrew Jones and Senior Associate Catherine Mansel. The $30 million working capital line of credit was originated by CFG Managing Director of Accounts Receivable Finance Jeff Stein and Director Jim Ginty. Both transactions closed on June 1, 2026.
“Closing two transactions simultaneously for the same borrower speaks to the trust our clients place in CFG and the strength of our one-stop-shop platform,” said Erik Howard, CFG Bank President. “Our clients know they can turn to CFG for financing solutions that evolve alongside their business. We’re proud to support this operator as they continue to grow and execute on their long-term objectives.”
“These transactions showcase our expertise to structure customized financing solutions that address multiple priorities at the same time,” added Tim Eberhardt, CFG Bank Executive Vice President of Bridge, HUD and Agency. “By structuring financing to support the acquisition and sale leaseback while also providing working capital for the operator’s full portfolio, we delivered a solution to strengthen current operations and future growth.”
This news follows CFG’s recent announcement highlighting the closing of seven transactions totaling more than $145 million from mid-April through early June 2026. The financing supported skilled nursing facilities, assisted living and memory care communities, a proposed independent living community, and multifamily properties throughout the country and was executed on behalf of nationally recognized borrowers.
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About CFG
CFG, headquartered in Baltimore, Maryland, provides flexible financing and online banking solutions nationwide, with a specialized focus on the healthcare and multifamily industries, as well as the Mid-Atlantic commercial banking market. CFG is the largest bank headquartered in Baltimore with assets over $6.0 billion as of December 2025. With more than 30 years of experience, CFG is among the most established healthcare bridge-to-HUD lenders in the United States. The company combines institutional scale capabilities with relationship driven, boutique service to structure tailored financing solutions that support long-term client success. Through its Bridge, HUD, and Agency division CFG delivers comprehensive financing solutions to healthcare operators and owners across the country, offering expertise in HUD-insured loans, bridge lending, mezzanine financing, working capital solutions, and commercial banking services. CFG, is a national leader in the FHA-insured mortgage industry, having provided more than $7.1 billion in Section 232 mortgages nationwide. For more information, visit www.CFG.bank and follow CFG Bank on LinkedIn, Facebook, Instagram, and X. Member FDIC. Equal Housing Lender.