Greystone Centers In On New York Refinances

November 30, 2018November 29, 2018 Steve Monroe Financings Centers Health Care, Greystone, HUD Leave a comment

Working on behalf of skilled nursing operator Centers Health Care, Fred Levine of Greystone arranged over $100 million in HUD financing to refinance a couple of their New York SNFs. Located on opposite sides of the state, these facilities were each acquired a few years ago from not-for-profit owners. Built in 1974, the 475-bed facility […]

A Popular deal

June 7, 2016March 30, 2017 Steve Monroe Acquisitions, Financings Centers Health Care, Popular Community Bank Leave a comment

Popular Community Bank, a subsidiary of Popular, Inc., closed a three-for-one financing for a Staten Island skilled nursing facility. The 372-bed facility includes a fully occupied 72-bed neuro-behavioral unit that is one of two in downstate New York. The operator, Centers Healthcare, acquired the then-300-bed facility in 2012 for $34 million, or $113,333 per bed, […]