by Steve Monroe | Jun 1, 2018 7:00 am | Financings
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 »
by Steve Monroe | May 31, 2018 2:24 pm | Financings
Cambridge Realty Capital left its comfort zone of financing skilled nursing facilities, arranging a $32.7 million HUD-insured loan that was funded by tax-exempt bonds, with owner’s equity facilitated by low-income housing tax credits. The combination refinanced... Read More »
by Steve Monroe | May 30, 2018 9:41 am | 60 Seconds, Opinion
Are we really doing enough for our veterans in senior living? I hope you all had a relaxing and enjoyable Memorial Day weekend. I was able to get away for a bit, but senior living is never far from my mind. With Memorial Day just two days ago, I thought it would be... Read More »
by Steve Monroe | May 30, 2018 9:32 am | Financings
A transaction can’t get done without the financing, so the partners at Senior Living Investment Brokerage have formed Monarch Advisors LLC to help seniors housing and care owners and operators raise capital when needed. The sister company will be led by industry... Read More »
by Steve Monroe | May 30, 2018 9:27 am | Acquisitions
Acts Retirement-Life Communities (ACTS) has added another LPC (CCRC) to its stable of communities, bringing the total to 23 LPCs in nine states serving approximately 9,700 residents. The latest community to join the largest not-for-profit owner, operator and developer... Read More »