About Steve Monroe
Articles Written by Steve Monroe
Austin-Area Assisted Living Gets HUD Financing
An experienced ownership group went through Housing and Healthcare Finance (HHC Finance) to refinance its conventional debt on its 32-unit assisted living/memory care community in Kyle, Texas. Located about 15 miles south of Austin, the community was built in 2014... Read More »
Holliday Fenoglio Fowler Handles Atlanta-Area Sale
Ryan Maconachy, Chad Lavender and Jason Nettles of Holliday Fenoglio Fowler (HFF) sold a brand-new senior living community in the Atlanta MSA, working on behalf of the previous owner, Village Park Senior Living. Built in 2017, the community features 66 independent... Read More »
Seniors Housing Expense Ratios Rise
With seniors housing (which includes independent living and assisted living) prices rising and cap rates shrinking in 2017, we would accordingly expect a decrease in the average expense ratio. That was not the case, as we recorded a 30-basis point increase from 72.1%... Read More »
Meridian Capital Group’s Impressive Spring
It’s been a sizzling Spring so far for Meridian Capital Group, which has so far closed $121.5 million in financing since mid-March. The most recent financings were arranged by the trio of Ari Adlerstein, Ari Dobkin and Josh Simpson on behalf of eight skilled nursing... Read More »Schedule a demo
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