Meridian Capital Group’s senior housing and healthcare team was enlisted by Harrison Street in the divestment of a three-property seniors housing portfolio in Wisconsin and North Dakota. The communities comprise 146 independent living, 139 assisted living and 143 memory care units. New Perspective Senior Living, the in-place operator, will continue to manage the communities.
Ari Adlerstein, Josh Simpson and Jesse Rauch handled the transaction. The Meridian team has closed $735 million in financing year-to-date in 2024, on top of the over $5 billion in transaction volume in 2023.
