About Steve Monroe
Articles Written by Steve Monroe
The Closing of Rural Nursing Homes
The New York Times recently wrote about the problems rural nursing facilities are having, but didn’t report on my solution. If you happened to see the front-page article in the New York Times this past Monday on the shuttering of rural nursing homes, you might... Read More »
Private Equity Firm Expands Portland Portfolio
A Southern California-based private equity firm added to their Portland, Oregon portfolio with the addition of a 38-unit assisted living community. Built in 2011, the small community was previously owned by a local operator who will be using the proceeds to invest in... Read More »
SunTrust Bank Lends in Florida
SunTrust Bank just announced it provided $28.6 million in financing for the Imperial Club Tower in Aventura. Florida. Imperial Club has both assisted living and independent living services totaling 214 units. Part of the funding will be used for renovations and a... Read More »
Capital Health Group Divests Four Pennsylvania Properties
Just two years after acquiring four seniors housing properties totaling 534 beds in southeastern Pennsylvania, Capital Health Group is turning around and selling them. After CHG’s operating affiliate Milestone Retirement Communities took over management of the... Read More »Schedule a demo
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