Meridian Capital Group
Meridian Capital Group

Ari Adlerstein

Senior Managing Director

Mr. Adlerstein joined Meridian in 2011 and currently serves as a Senior Managing Director and Head of the company’s Senior Housing and Healthcare team, comprised of specialized advisors and underwriters who are seasoned experts in this unique and operationally intensive property type.

He is responsible for the origination and placement of loans pertaining to senior housing properties and acts as a trusted advisor to many of the largest and most active senior housing and healthcare real estate investors in the United States. He has proven himself an expert across a wide variety of financing types and offers the most effective financing strategies available through his unparalleled network of specialized lenders, including banks, CMBS lenders, debt funds, life insurance companies, and agency lending platforms.

In addition to financing, Mr. Adlerstein provides a complete suite of advisory services such as equity capital markets and investment sales across all sub-asset classes of healthcare properties. He has closed over $17 billion in transaction volume throughout the course of his career, with more than $5.5 billion closed in 2021 alone.

Select transactions closed by Mr. Adlerstein include the $135.5 million recapitalization of over 1000 skilled nursing beds in New Jersey and Pennsylvania; the $123 million sale of eight assisted living, independent living, and memory care facilities in South Carolina, Tennessee, and Kentucky, as well as $90.5 million in financing for the acquisition of those facilities; and the $65.3 million sale of an assisted and independent living facility in California as well as $43.7 million in financing for that acquisition. Mr. Adlerstein also arranged a $43 million cash-out of 12 skilled nursing facilities in the Midwest after less than one year of operations.

Prior to joining Meridian, Mr. Adlerstein earned a J.D. from Cardozo Law School and was admitted to the New York Bar.

Closed Transactions

$60,000,000
Refinance
Senior Housing and Healthcare
Secaucus, NJ
204-Bed Hospital
$90,500,000
Acquisition
Senior Housing and Healthcare
SC, TN, and KY
Independent Living, Assisted Living, and Memory Care Facilities
$285,000,000
Acquisition
Senior Housing and Healthcare
MD and PA
Skilled Nursing Portfolio
$54,696,000
Acquisition, AR Line
Senior Housing and Healthcare
New Jersey
287 Beds
$63,530,000
Acquisition, AR Line
Senior Housing and Healthcare
Florida
5 Facilities | 458 Beds
$65,650,000
Acquisition, AR Line
Senior Housing and Healthcare
North Carolina | Maryland
3 Facilities | 500 Beds
$34,000,000
Refinance
Senior Housing and Healthcare
FL | NY | OH | AZ
4 Facilities | 264 Units
$37,000,000
Refinance
Senior Housing and Healthcare
Ohio
5 Facilities | 724 Beds
$39,500,000
AR Line, Refinance
Senior Housing and Healthcare
California
155 Beds
$27,500,000
Refinance
Senior Housing and Healthcare
Ohio | Georgia
264 Beds
$58,000,000
Refinance
Senior Housing and Healthcare
Virginia | Texas
204 Beds
$241,000,000
Acquisition
Senior Housing and Healthcare
Various States
2,175 Beds
$80,000,000
Acquisition
Senior Housing and Healthcare
Pennsylvania
740 Beds
$30,000,000
Acquisition
Senior Housing and Healthcare
Massachusetts
265 Beds
$22,000,000
Refinance
Senior Housing and Healthcare
Iowa
421 Beds
$12,000,000
Refinance
Senior Housing and Healthcare
Arizona
72 Beds
$200,000,000
Refinance
Senior Housing and Healthcare
2,500 Beds
$71,900,000
Acquisition, Recapitalization
Senior Housing and Healthcare
North Carolina | Kentucky
864 Beds
$49,000,000
Recapitalization
Senior Housing and Healthcare
Ohio
$24,000,000
Construction
Senior Housing and Healthcare
Arizona
104 Beds
$10,000,000
Acquisition
Senior Housing and Healthcare
Florida
173 Beds
$11,600,000
Construction, Refinance
Senior Housing and Healthcare
Oklahoma
281 Beds
$11,500,000
Construction
Senior Housing and Healthcare
Caliofrnia
60 Units
$96,000,000
Acquisition
Senior Housing and Healthcare
Indiana
1,133 Beds
$90,000,000
Acquisition
Senior Housing and Healthcare
Virginia
$41,000,000
Senior Housing and Healthcare
New Jersey
628 Beds
$44,000,000
Senior Housing and Healthcare
Ohio
396 Beds
$15,400,000
Acquisition
Senior Housing and Healthcare
Illinois
265 Beds
$90,000,000
Acquisition
Senior Housing and Healthcare
Virginia
1,346 Beds
$9,000,000
Refinance
Senior Housing and Healthcare
Pittsburgh, PA
$18,000,000
Acquisition
Senior Housing and Healthcare
Ohio
$36,500,000
Acquisition
Senior Housing and Healthcare
Ohio
724 Beds
$36,000,000
Acquisition
Senior Housing and Healthcare
Indiana
700 Beds
$24,000,000
Acquisition
Senior Housing and Healthcare
Kansas | Nebraska
383 Beds
$20,000,000
Construction
Senior Housing and Healthcare
Florida
124 Beds
$20,000,000
Construction
Healthcare
Florida
104 Beds
$60,000,000
Acquisition
Senior Housing and Healthcare
Florida
607 Beds
$32,000,000
Acquisition
Senior Housing and Healthcare
Maryland
263 Beds
$6,800,000
Acquisition
Senior Housing and Healthcare
Florida
104 Beds
$35,000,000
Acquisition
Senior Housing and Healthcare
Maryland
$4,200,000
Acquisition
Senior Housing and Healthcare
Wisconsin
160 Beds
$34,000,000
Refinance
Senior Housing and Healthcare
Various States
4 Properties | 259 Beds