About Steve Monroe
Articles Written by Steve Monroe
REIT Divests Ohio SNF Portfolio
Sometimes, less is more. That was the case for a portfolio of three Ohio skilled nursing facilities, which shed five beds from their license and thus boosted their average Medicaid rate by over $16 per patient day. Ben Firestone, Michael Segal and Connor Doherty of... Read More »
Recent Senior Care M&A Deals, Week Ending August 2, 2019
Check out our recent senior care M&A transactions. Long-Term Care AcquirerTargetPrice Hackensack Meridian Health3 skilled nursing facilities$65 million Owner/operatorButterfly Gardens$1.5 million Welltower32 senior living communities$343 million Institutional... Read More »
Local Doctor Invests in Iowa Assisted Living
Not unlike the 2020 Democratic field, Nick Cacciabando and Jeff Binder of Senior Living Investment Brokerage descended on Cedar Rapids, Iowa, to close the sale of an assisted living community. Originally built in 1910 as a private residence, the community was... Read More »
Cambridge Refinances Service-Rich SNF
Hymie Barber of Cambridge Realty Capital Companies arranged a HUD LEAN loan to refinance a 131-bed skilled nursing facility in West Orange, New Jersey. The fully amortized, 33-year loan was arranged for a New Jersey LLC and replaced existing debt. The facility offers... Read More »Schedule a demo
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