Meridian Capital Group

Meridian Ends Summer with $465 Million in Volume

September 08, 2023

Meridian Capital Group’s Senior Housing and Healthcare Platform, led by Ari Adlerstein and Josh Simpson, closed $465 million in transaction volume in August to round out the summer of 2023. The largest deal saw the team arrange acquisition financing from a REIT and finance company for 28 facilities comprising 2,629 skilled nursing beds and 88 assisted living units in Nevada, Washington, Wyoming, Oregon, Montana, and South Dakota. 

They also closed several additional acquisition loans, including $30 million in financing from a commercial bank for five facilities consisting of 470 skilled nursing beds and 92 assisted living units in Indiana; $6.2 million in financing from a commercial bank in addition to a $1.5 million A/R line for a 106-bed skilled nursing facility in Pennsylvania; $6.7 million in financing from a commercial bank for a 213-bed skilled nursing facility in Illinois; and $4.6 million in financing from a finance company for three skilled nursing facilities totaling 515 beds in Illinois. 

Read Article
Recent Articles | Back to News

Salon V Owners to Open 4,000-Square-Foot Kids' Salon in Flatiron District

Article
September 8, 2023

Horror-Themed Book Cafe Twisted Spine to Open in Williamsburg

Article
September 8, 2023

Renew York Spa to Open 4K-SF Chelsea Spa

Article
September 8, 2023

Chinese Restaurant Lin & Daughter to Open in NoMad

Article
September 8, 2023

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Article
September 8, 2023

Castellan Real Estate Partners Lends $25M on Williamsburg Condos Build

Article
September 8, 2023