✉news BusinessFinance first seen 20 h ago, last 19 h ago, peak #27
CFG provides $806M loan for acquisition of 36 nursing homes
Original: CFG finances $806M unitranche bridge-to-HUD loan to support acquisition of 36 SNFs
CFG has financed an $806 million unitranche bridge-to-HUD loan supporting the acquisition of 36 skilled nursing facilities. The deal, reported by McKnight's Senior Living, uses a bridge structure expected to transition to permanent HUD-backed financing. It highlights continued lending activity in the senior care and skilled nursing sector, where large portfolio acquisitions increasingly rely on layered financing arrangements.
Why now: Large skilled nursing facility acquisitions signal ongoing consolidation and financing activity in the senior living sector.
Evidence
- CFG finances $806M unitranche bridge-to-HUD loan to support acquisition of 36 SNFs · McKnight's Senior Living
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