Capital Funding closes $12.3M refinancing for skilled nursing facility

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Capital Funding LLC closed a HUD mortgage of $12.3 million  Jan. 14 for Autumn Lake Healthcare at Alice Manor, a 105-bed skilled nursing community in Baltimore, officials said Wednesday. The nursing home was part of a three-facility portfolio and the use of proceeds included the repayment of “non-project” debt under HUD’s new debt seasoning guidelines. ...

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