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New York & Tri-State  + New York  + Healthcare  | 
Healthcare

Meridian Arranges $210M Financing for 5-State Healthcare Portfolio

New York-based Meridian Capital Group arranged $210 million in financing for a combination of skilled nursing, assisted living, and continuing care retirement communities located in FL, MD, WI, MN, and NC.

The financing package included a $60 million acquisition loan, along with $15 million in working capital for five skilled nursing facilities totaling 607 beds located throughout FL, in addition to another $6.8 million in acquisition financing for a 104-bed skilled nursing facility in FL.

In MD, Meridian arranged $35 million in acquisition financing for two skilled nursing facilities and the cash-out of a third facility; $32 million in acquisition financing for two healthcare facilities consisting of 263 skilled nursing beds and 25 assisted living beds; and arranged the $25 million sale of two skilled nursing facilities totaling 240 beds.

Other deals included: $9 million in financing for an 81-bed skilled nursing facility in MN,;a $4.2 million acquisition loan for a 160-bed skilled nursing facility in WI; and the $9.6 million sale of a 120-bed skilled nursing facility in NC.

Meridian’s Ari Adlerstein, Ari Dobkin and Josh Simpson arranged the deals.

Ari Adlerstein

Ari Dobkin

Josh Simpson

 

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing