About Steve Monroe

Stephen M. Monroe has been a healthcare and senior care financial expert for over 30 years. In addition to being an often-quoted healthcare finance expert in mainstream media, he has published over 50 bylined articles dealing with various aspects of investing in health care and senior’s housing. &nbsp He is also called upon to keynote and speak at organizations such as the American Seniors Housing Association, Assisted Living Federation of America, National Investment Center for Seniors Housing and Care, American Health Care Association and the New York State Health Facilities Association, among others. See Full Bio

Articles Written by Steve Monroe

Big Sale In The Big Apple

Big Sale In The Big Apple

by | Jul 21, 2017 7:01 am | Acquisitions

When sales of skilled nursing facilities in New York occur, they can often come with a big price. That big price can be in total dollars invested as well as the price per bed. In a recent sale, it was both. Bon Secours New York Health System sold its Schervier Nursing... Read More »
Greystone Centers In On Brooklyn

Greystone Centers In On Brooklyn

by | Jul 21, 2017 7:00 am | Financings

Six years since being acquired by Centers Health Care (then Centers for Specialty Care), a 510-bed skilled nursing facility in Brooklyn, New York is refinancing through HUD with the help of Greystone’s Fred Levine. The transaction comes at a good time for the... Read More »
Strawberry Fields REIT Forever

Strawberry Fields REIT Forever

by | Jul 20, 2017 8:14 pm | Acquisitions

Strawberry Fields REIT just added a 58th skilled nursing facility to its growing portfolio, at a price of $1.0 million, or $15,625 per bed, in cash. The company bought the 64-bed facility in Lebanon, Indiana and leased it to The Waters under a 10-year term with two... Read More »
Aurora Boreali-SNF

Aurora Boreali-SNF

by | Jul 19, 2017 7:01 am | Acquisitions

Recent operational difficulties certainly affected the value of a recently sold skilled nursing facility in Aurora, Colorado, but it is certainly on the upswing. Built in 1973, this 120-bed facility was traded back and forth in the 1990s (selling for $4.85 million in... Read More »