About Steve Monroe
Articles Written by Steve Monroe
Rock-Solid Relationship Leads to Lancaster Pollard’s Latest Financing
Three years after acquiring a 48-unit assisted living community in Shawnee, Kansas, Granite Investment Group is refinancing it. Ross Holland of Lancaster Pollard led the way on the transaction (not LP’s first with Granite), securing a $6.9 million Fannie Mae loan with... Read More »
Medicaid to the Rescue
The time came for a private equity firm to exit their investment in Shaker Heights, Ohio (Cleveland MSA), only after investing in substantial renovations and stabilizing the census. Situated downtown near a brand-new commercial development, the community was built in... Read More »
Cambridge Realty Capital Completes Illinois HUD Refinance
After Cambridge Realty Capital Companies announced that it funded a $32.75 million acquisition loan through HUD for a 211-unit affordable seniors housing property in Baltimore, Maryland, the firm followed up by refinancing a 162-bed skilled nursing facility in... Read More »
The Warning Signs Were There
With assisted living occupancy now at an eight-year low, the reasons seemed very obvious a few years ago. I am a hoarder. I like to keep reports, articles, magazines and anything else of interest pertaining to seniors housing and care. So, last night I was cleaning up... Read More »Schedule a demo
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