CFG Finances $70.8 Million Bridge Loan for Acquisition of Five Ohio Skilled Nursing Facilities
CFG, a leader in the nationwide healthcare and multifamily financing industries, today announced the closing of a $70.8 million bridge loan on behalf of a nationally recognized borrower. The loan supports the acquisition of five skilled nursing facilities in Ohio, totaling 418 beds. CFG closed the transaction on June 30, 2026.
“Healthcare operators continue to pursue strategic growth opportunities, and having a financing partner that understands both the immediate transaction and long-term capital strategy is more important than ever,” said Erik Howard, CFG Bank President. “This transaction reflects our team’s ability to structure financing that helps clients move forward with confidence while supporting their long-term growth objectives.
“CFG remains committed to providing dependable capital solutions that support healthcare operators as they grow and evolve,” said Erik Howard, CFG Bank President. “This closing underscores the sustained demand from operators expanding their portfolios and our team’s ability to deliver the customized solutions they need to move quickly on these opportunities.”
“Every bridge loan we structure for an acquisition begins with a long-term financing strategy,” said Tim Eberhardt, CFG Bank Executive Vice President of Bridge, HUD and Agency. “Our bridge-to-HUD approach helps clients pursue acquisition opportunities while positioning them for permanent financing as their properties stabilize and their long-term plans evolve.
CFG Managing Director and Co-Head of Healthcare Business Development Andrew Jones and Senior Associate Ava Julio originated the transaction for the company.
This news follows CFG’s recent announcement highlighting the closing of a $308 million HUD-insured refinance for a portfolio of 13 skilled nursing facilities, representing the culmination of a multi-year strategic financing engagement that began with the structuring of the borrower’s acquisition financing and long-term HUD execution strategy.
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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.