Meridian Capital Group is on track for a strong year, to say the least. After seven months, the seniors housing and healthcare team has already arranged $650 million in financing across skilled nursing, independent living and assisted living properties. Most recently, the team of Ari Adlerstein, Ari Dobkin and Josh Simpson arranged an $18.75 million […]
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 facilities in Florida, New Jersey, Connecticut and Maryland. The largest […]
Meridian Capital Group showed off its range in closing financings for three clients, including two acquisition loans and a HUD refinance. Ari Adlerstein and Ari Dobkin first worked on behalf of a regional operator to arrange a $16.3 million HUD loan that refinanced a 120-bed skilled nursing facility in Ocean View, New Jersey. Then, for […]
Following up on a nearly-$200 million month in January, Meridian Capital Group backed that up with another $80 million in closings in February, showing off their national reach too. The team of Ari Adlerstein and Ari Dobkin arranged all four financings, starting in Clovis, New Mexico, where the pair arranged an $11 million 35-year HUD […]
It was revealed that Arbor Realty Trust funded the recent acquisition of a 440-bed skilled nursing facility in Syracuse, New York. Alexander Kaushansky of Arbor worked on behalf of the borrower, VestraCare, to arrange a $41.6 million bridge loan, with Evan Goldenberg of EBEX Holdings and Ari Dobkin of Meridian Capital Group also assisting in […]
Meridian Capital Group made news this month, closing nearly $200 million in financings in three separate transactions. The largest, by far, was a $136 million acquisition loan that financed the purchase of 10 skilled nursing facilities located throughout Ohio. A balance sheet lender provided the loan, which came with a five-year term, 25-year amortization schedule […]
Meridian Capital Group is fast approaching the $1 billion mark for deals closed in the seniors housing and senior care market and just added four more transactions (and over $73 million) to its total. First, the firm sourced $8.3 million in equity capital on behalf of The Calida Group (a multifamily/seniors housing developer) for a […]
The team at Meridian Capital Group popped over to the Bronx to close their latest transaction. Ari Adlerstein, Ari Dobkin, Josh Simpson and Isaac Lifshitz, all based in Meridian’s New York City headquarters, arranged a two-year $34 million loan to facilitate the acquisition of a 256-bed/120-unit assisted living community in the Bronx. The balance sheet […]
When three skilled nursing facilities sold in Chicago, Meridian Capital Group was there to arrange $48 million in balance sheet financing for the undisclosed buyer to fund the deal. Located across the city, the portfolio includes a large 310-bed facility, plus two smaller facilities with 156 and 143 beds. Occupancy averaged 85% across the portfolio. […]
HJ Sims recently helped a CCRC in Ponte Vedra Beach, Florida (Jacksonville MSA) refinance its existing bond debt, generating significant savings for the well operating property. Developed in the mid-1980s, this community features 227 independent living units, 38 private assisted living units and 60 skilled nursing beds. Occupancy has historically been high and consistently over […]