About Steve Monroe
Articles Written by Steve Monroe
SunTrust Bank Arranges Atlanta-Area Construction Financing
SunTrust Bank arranged construction financing for the first phase of an enormous senior living development going up in the Atlanta metro area that will include some 600 units when all is said and done. The developer, Village Park Senior Living, will start with 204... Read More »
CareTrust REIT Picks Up Parker, Colorado SNF
CareTrust REIT made its second acquisition in the state of Colorado (nearby its first purchase), spending $19.6 million, or $127,300 per bed, to buy a 154-bed skilled nursing facility in Parker, Colorado (Denver MSA). The REIT’s Salt Lake City-based operating partner,... Read More »
American House Strikes North
American House Senior Living Communities is continuing its expansion outside of its home states of Michigan and Florida, following up on its first acquisition in Ohio (from September) with its first in New England. The target was built in 2009 with 109 units of... Read More »
Naples Memory Care Community Gets Fresh Start
Wrapping up his work before the holidays, Brad Clousing of Senior Living Investment Brokerage sold a 72-unit memory care community in Naples, Florida. He found a Florida-based private equity firm to buy the community for $6 million, or $83,300 per unit. That buyer and... Read More »Schedule a demo
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