CFG Finances More Than $145 Million Across Seven Transactions

CFG, a leader in the nationwide healthcare and multifamily financing industries, today announced the recent 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.

“The closing of these transactions underscores the strength of our lending platform and the trust our partners place in us to execute across a range of financing needs,” said CFG Bank President Erik Howard. “The recent launch of CFG Mortgage Partners marks another important step in the continued growth of our multifamily capabilities, while reinforcing our commitment to serving borrowers across both the healthcare and multifamily sectors. By pairing deep industry expertise with our signature entrepreneurial approach, we help clients secure the capital they need to grow, improve assets, and create long-term value.”

“For each of these transactions, we tailored a financing strategy designed around the borrower’s unique, long-term objectives,” added Tim Eberhardt, CFG Bank Executive Vice President of Bridge, HUD and Agency. “Whether supporting a multifamily acquisition or securing permanent HUD financing for skilled nursing facilities, our focus remains on providing creative capital solutions that unlock value and support our clients’ strategic growth.”

Details of the seven transactions include:

• $49.6 million bridge loan for the acquisition and substantial rehabilitation of four multifamily properties, featuring a total of 1,512 units, in New Orleans, Louisiana. The properties were acquired out of foreclosure with a plan to execute a $28 million renovation following closing. CFG Associate Andrew Yerger originated the deal, and the financing closed on April 16, 2026.
• $14.5 million HUD loan for the refinancing of a skilled nursing facility, featuring 120 beds, in Arizona. CFG Managing Director and Co-Head of Healthcare Business Development, Head of South Region for Skilled Nursing Real Estate Tommy Dillon originated the deal, and the financing closed on April 23, 2026.
• $25.0 million corporate line of credit to support the borrower’s multifamily investment activities. CFG Managing Partner, CFG Mortgage Partners Dan Sacks and Associate Andrew Yerger originated the deal, and the financing closed on May 5, 2026.
• $27.1 million bridge loan for the refinancing of two assisted living and memory care communities, featuring a total of 177 units and 216 beds, in Allentown, Pennsylvania. CFG Managing Director of Senior Housing Real Estate Ken Assiran, and Vice President Jake Walsh, originated the deal, and the financing closed on May 7, 2026.
• $16.1 million HUD loan for the refinancing of a skilled nursing facility, featuring 120 beds, in Las Vegas, Nevada. The transaction utilized HUD’s Express Lane program to accelerate the process and streamline the closing timeline. CFG Managing Director and Co-Head of Healthcare Business Development, Head of South Region for Skilled Nursing Real Estate Tommy Dillon originated the deal, and the financing closed on May 21, 2026.
• $7.9 million bridge loan for the refinancing of a skilled nursing facility, featuring 118 beds, in California. Managing Director and Co-Head of Healthcare Business Development, Head of Northeast Region for Skilled Nursing Real Estate Andrew Jones originated the deal, and the financing closed on June 1, 2026.
• $5.2 million land loan for the refinancing of a line of credit loan, funding of pre-development expenses related to a proposed independent living community planned to be developed on an unimproved land parcel located in Pikesville, Maryland. Vice President of South Region for Skilled Nursing Real Estate Jimmy Zabel originated the deal, and the financing closed on June 2, 2026.

This news follows CFG’s recent announcement of the launch of CFG Mortgage Partners, a new strategic initiative delivering customized multifamily debt products. CFG Mortgage Partners will focus on providing capital solutions and execution options to meet the diverse needs of multifamily owners, developers, and investors across the country. Led by industry veteran Dan Sacks, CFG Mortgage Partners expands CFG’s suite of real estate and corporate banking solutions, including Agency, HUD, and Commercial Mortgage-Backed Securities (CMBS) lending services.

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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.