About Steve Monroe
Articles Written by Steve Monroe
TMC Financing Arranges SBA Loan
The long-time operator/lessee of a small six-bed assisted living community in La Jolla, California was able to secure SBA 504 financing to fund his purchase of the property for $1.5 million, or $250,000 per bed. After a 15% down payment, TMC Financing arranged about... Read More »
Land and Buildings Strikes Again
Still trying to get two board nominees, Land and Buildings steps up its criticism and need for change. Well, well, well. Jonathan Litt of Land and Buildings is at it again, this time with a six-page letter to Brookdale Senior Living shareholders, eviscerating... Read More »
Locust Point Starts Equity Financing Program
Debt is certainly plentiful these days in the seniors housing and care market, leading us to a record level of M&A and investment in the industry. But what about equity? That can still trip up investors looking to purchase or develop a seniors housing property,... Read More »
Meridian Capital Group On Track for Another Big Year
The seniors housing and healthcare team at Meridian Capital Group has already had quite the year, reaching $1.3 billion in closed transactions so far. That total is spread across 41 deals in 22 states. Well done to Ari Adlerstein, Ari Dobkin and Josh Simpson. Some of... Read More »Schedule a demo
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