Tim Eberhardt Of Capital Funding Group Secures $54.8 Million Refinance For Nursing Home Portfolio

The asset involved in the transaction is a nursing home portfolio consisting of six skilled nursing facilities located in California, Florida, and Georgia, with a total of 676 beds. The refinance transaction is valued at $54,800,000 and was secured through various financing options including HUD loans and mezzanine financing.

Summary of transaction details:

• Property Type: Nursing Home
• Transaction Amount: $54,800,000
• Market: California, Florida & Georgia
• Asset Beds: 676
• Lender: Tim Eberhardt - Capital Funding Group
• Loan Type: Refinance

Tim Eberhardt, representing Capital Funding Group, played a crucial role in securing the loan for the refinancing of the nursing home portfolio. The financing was accomplished between late July and mid-August 2024, culminating in the structure of the transactions to include both refinancing and acquisitions for the skilled nursing facilities involved.