• Healthcare REIT Divests SNF to In-Place Operating Partner

    by | Apr 17, 2026 4:05 pm | Acquisitions

    Senior Living Investment Brokerage returned to West Des Moines, Iowa, to sell a skilled nursing facility that it had previously sold in 2019. A healthcare REIT was the buyer back then and is now selling the facility to its in-place regional operating partner. Built in 2004, Arbor Springs features 56 beds on an attractive four-acre campus about 10... Read More »

  • Near-Stabilized AL/MC Community Lands Refinance

    by | Apr 17, 2026 12:18 pm | Financings

    Carnegie Capital closed a bridge refinance for a 50-unit assisted living/memory care community in the Houston, Texas MSA. Four years ago, the property was bought by a California-based operator with a growing footprint in Texas. Performance was approximately two to three months from stabilization, but with the acquisition loan maturity looming, a... Read More »

  • Record-Setting HUD Express Lane Application to Commitment

    by | Apr 17, 2026 12:15 pm | Financings

    Cambridge Realty Capital provided a $6.15 million loan to refinance Avalon Memory Care Keller, a 50-bed stand-alone memory care community in Keller, Texas (Dallas-Fort Worth MSA). The fully amortized, 35-year HUD loan was provided for the owner, a Texas limited liability company, that wished to recast bank debt into a long-term non-recourse... Read More »

  • Large Healthcare Owner Receives Financing

    by | Apr 17, 2026 12:14 pm | Financings

    An owner of more than 80 healthcare properties spanning nine states secured bridge and working capital financing for its skilled nursing portfolio in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. MONTICELLOAM provided the funding. Read More »

  • Out-of-State Owner Divests to Investor

    by | Apr 16, 2026 3:07 pm | Acquisitions

    A couple of assisted living and memory care communities in Eastern Tennessee recently traded hands. The two properties comprise more than 100 units. A Chicago-based investor aligned with the seller’s long-term vision for the communities acquired the assets, and partnered with a regional operator that was looking to grow their presence in the... Read More »
Monticello Gets A “W” In New York

Monticello Gets A “W” In New York

by | Apr 27, 2018 7:00 am | Acquisitions, Financings

One of Monticello Asset Management’s investment vehicles provided $31.21 million in first lien debt for The W Group to fund the acquisition of a 200-bed assisted living community in Staten Island, New York. Built on a 0.81-acre property in 1974, with an additional fifth floor built in 1999, the community consists of 116 beds licensed for the New York State Assisted Living Program and 84 beds managed by an affiliated home health care agency. Its new owner’s principals have over 20 years of combined experience in the health care industry and plan to take out the financing through HUD in the future. Read More »
Meridian Capital Group Is On A Roll

Meridian Capital Group Is On A Roll

by | Mar 2, 2018 8:41 am | Financings

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 loan to refinance an independent living/assisted living community. Located in rural New Mexico near the Texas border, the community also offers memory care and respite stay services. Then, Messrs. Adlerstein and Dobkin arranged nearly $10 million in financing for a 224-bed senior living community in Bedford, Ohio (Cleveland MSA). The $9.75 million... Read More »