Meridian Capital Group’s senior housing and healthcare team has arranged over $1 billion in financing for a combination of skilled nursing, independent living, assisted living, and CCRC properties through more than 40 transactions across 16 states in 2018 thus far.
Led by Managing Directors, Ari Adlerstein and Ari Dobkin, and Vice President, Josh Simpson, Meridian’s senior housing and healthcare platform has closed more than $5 billion in financing since the team’s inception in 2011.
Recently, the team arranged $36.5 million in acquisition financing for a skilled nursing facility in Ohio totaling 724 beds and $36 million for the purchase of a skilled nursing and assisted living property consisting of 700 beds in Indiana.
The trio also arranged $24 million in acquisition financing for a portfolio of rehabilitation and long-term care properties in Kansas and Nebraska totaling 383 beds and $20 million in construction financing for an assisted living and memory care facility in Florida consisting of 124 beds.
The specialists on Meridian’s senior housing and healthcare team have proven themselves as experts across a wide variety of financing types, including acquisition, construction, mezzanine, bridge and permanent as well as accounts receivables financing. To achieve outstanding outcomes for clients, the team works with a broad array of lenders spanning specialized banks, CMBS lenders, debt funds, life insurance companies, and agency lending platforms, in addition to providing a broad array of advisory services such as equity capital markets and investment sales across all sub-asset classes of senior housing and healthcare properties.
Founded in 1991, Meridian Capital Group, LLC is one of the nation's largest commercial real estate finance and advisory firms. Meridian is headquartered in New York with offices in New Jersey, Maryland, Illinois, Florida and California. Working with a broad array of capital providers, Meridian arranges financing for transactions ranging from $1 million to more than $500 million for multifamily, co-op, office, retail, hotel, mixed-use, industrial, healthcare, student housing, self-storage and construction properties. www.meridiancapital.com