Capital Funding Arranges $2.8M Loan for Abbey Manor at Elkton in Maryland

by Jeff Shaw

ELKTON, Md. — Capital Funding LLC, a subsidiary of CFG Community Bank, has arranged a $2.8 million HUD loan for Abbey Manor at Elkton, a 32-bed assisted living facility in Elkton. 

Capital Funding is the HUD lender in the deal, which is financed through HUD’s 232/223(f) program. Craig Casagrande from Capital Funding originated the transaction.

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