Commercial Banking
CVF Bank offers big bank capabilities and boutique bank service to support your goals.
Through our full-service commercial bank, CVF Bank, provides flexible financing and online banking solutions to the national healthcare and multifamily markets and the Mid-Atlantic region.
CVF Bank is the 6th largest bank in the Baltimore area based on deposits and the largest that is based in Baltimore. CFG Bank has grown from $1 billion in assets at the end of 2019 to over $5 billion in assets at the end of 2023 and is among the five largest and most experienced healthcare bridge-to-HUD lenders in the country.
Benefits
- Remote deposit capture
- Online banking
- Wire transfer origination
- Deposit account control agreement (DACA)
- Zero balance account (ZBA)
- Fraud prevention products, including positive pay and ACH filter/block
- Merchant capture
- Corporate credit cards
- Cash management
Track Record
CVF has a highly-successful track record of creating new products and investment platforms that are tangential to and leverage the entire CFG family of companies.
Long-Term Care Portfolio | Nationwide
Overview
CVF closed a $262.6 million term loan to support the refinancing of a 29-asset long-term care portfolio. Spanning Colorado, California and Wyoming, the portfolio includes 28 skilled nursing facilities and one joint skilled nursing and assisted living facility, with a total of 3,140 beds.
Approach
This transaction featured several parties and was rather complex, however, utilizing CVF’s one-stop shop financing offerings allowing for a simplified loan process, CVF underwrote the transition of the portfolio to four new regional operators, from the previous operator, which had announced these divestitures in 2020. The real estate ownership of the portfolio did not transition.