About Steve Monroe
Articles Written by Steve Monroe
Greystone’s Second Portfolio Transaction Of The Month
Mike Garbers and Cody Tremper of Greystone Real Estate Advisors followed up on their two-property sale in upstate New York (which sold to a private equity firm for $17 million, or $184,800 per unit) by also arranging the sale of four senior living communities in... Read More »
Sale of Quality Care Properties Approved
By a margin of 26-1, shareholders approved the sale of Quality Care Properties to Welltower for $20.75 per share in cash, with Welltower teaming up with ProMedica Health System, which will own the HCR ManorCare operating business, lease the facilities from Welltower,... Read More »
Meridian’s $650 Million Year, So Far
Meridian Capital Group is on track for a strong year, to say the least. After seven months, the seniors housing and healthcare team has already arranged $650 million in financing across skilled nursing, independent living and assisted living properties. Most recently,... Read More »
Publicly-Traded REIT Sells In Ohio
A publicly-traded REIT decided to divest (that’s a phrase we’ve heard a lot this year) its 50-unit assisted living community in the Youngstown, Ohio suburb of Boardman. Originally built in 1996 adjacent to a skilled nursing facility owned by the seller, the community... Read More »Schedule a demo
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