About Steve Monroe
Articles Written by Steve Monroe
Cohen Financial Closes Michigan Financing
In northern Michigan, Cohen Financial, a division of SunTrust Bank, arranged more than $4.1 million in HUD financing for an assisted living community in the town of Alma. The 41-unit community is owned and operated by Grand Rapids-based Leisure Living Management, and... Read More »
Greystone Soars in Upstate New York Sale
A publicly traded REIT divested two of its seniors housing assets in upstate New York, hiring Mike Garbers and Cody Tremper of Greystone Real Estate Advisors to facilitate the transaction. Located in the towns of Clifton Park (Albany MSA) and Orchard Park (Buffalo... Read More »
$196 Million HUD Refinance Closed By Harborview Capital Partners
Harborview Capital Partners arranged a $196 million HUD refinance for a portfolio of 13 skilled nursing facilities and assisted living communities. Comprising 1,700 licensed beds, the portfolio is owned by a large regional operator. To replace the existing short-term... Read More »
Occupancy And Active Adult Communities
Seniors housing occupancy hits a low because of new supply, while active adult communities begin to take off. As you know, occupancy in seniors housing now stands at a low point since the Great Recession, especially on the assisted living side. Eighteen months ago,... Read More »Schedule a demo
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