Capital Funding closed four transactions for health care facilities totaling $39.9 million.

Details of the transactions are:

• $12.96 million HUD 232 new construction loan for Spring Arbor Cottage, a 48-bed memory care facility in Virginia
• $7 million HUD line of credit for Petersen Health Care, a skilled nursing provider with multiple facilities in Illinois
• $10 million working capital line of credit for Wingate Healthcare, a skilled nursing provider with facilities in Massachusetts, Rhode Island and New York
• $10 million commitment increase for Avalon Healthcare’s existing line of credit. Avalon is a skilled nursing provider with facilities in the western U.S.

Baltimore-based Capital Funding Group is a full-service provider of comprehensive financing solutions for healthcare facilities nationwide, focusing on the long-term care, assisted living and hospital sectors.