CFG Finances $72.4 Million Bridge Loan for Refinancing and Dividend Recapitalization of Skilled Nursing Portfolio
Portfolio Spans Georgia, North Carolina, and South Carolina
CFG, a leader in the nationwide healthcare and multifamily financing industries and Mid-Atlantic commercial banking market, today announced the closing of a $72.4 million bridge loan on behalf of a nationally-recognized borrower. The loan will support the refinancing and dividend recapitalization of a skilled nursing portfolio, featuring 9 facilities throughout Georgia, North Carolina, and South Carolina. CFG closed the transaction on April 10, 2026.
“This transaction reflects the continued demand we’re seeing from experienced operators looking to unlock value and position their portfolios for long-term growth,” said Erik Howard, CFG Bank President. “We focus on aligning capital with our clients’ broader strategy, supporting immediate priorities while strengthening the foundation for continued portfolio performance.”
“For this portfolio, the focus was on creating a structure that could support both the refinancing and dividend recapitalization while maintaining long-term flexibility,” said Tim Eberhardt, CFG Bank Executive Vice President of Bridge, HUD and Agency. “With nine facilities across Georgia, North Carolina, and South Carolina, we aligned the bridge financing with a clear path to permanent execution, allowing the borrower to access liquidity now while positioning the assets for continued performance.”
CFG Vice President of South Region for Skilled Nursing Real Estate Jimmy Zabel originated the transaction for the company.
This news follows CFG’s recent announcement highlighting the execution of $428.9 million in loans in the first quarter of 2026. The transactions spanned skilled nursing, assisted living, independent living, memory care, behavioral health, multifamily, and commercial lending to Mid-Atlantic properties 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 and Capital Funding Group on LinkedIn, Facebook, Instagram, and X. Member FDIC. Equal Housing Lender.