Connect Money: Alternative Assets Conference – Chicago June 14

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New York & Tri-State  + Midtown New York  + Finance  | 

Meridian’s Senior Housing Team Earns Top Ranking as Intermediary from MBA

Meridian Capital Group’s Senior Housing and Healthcare Team earned the top spot for healthcare originations as an intermediary in the Mortgage Bankers Association’s 2022 Annual Rankings. The platform, led by Ari Adlerstein and Josh Simpson, closed more than $6 billion in volume in 2022, including 145 debt transactions with 53 unique lenders in 30 states. 

The team worked across a wide variety of financing types, with acquisition, construction, mezzanine, bridge, accounts receivables and capital expenditures financing a sample of completed deals closed in 2022. They also arranged financing for a broad array of property types, including skilled nursing, assisted and independent living, memory care, active adult, behavioral health, hospitals, and rehab facilities. 

Notable transactions closed by the team in 2022 include a $319-million acquisition loan along with $31 million in AR financing from a commercial bank, finance company, and mezzanine lender for 18 skilled nursing facilities comprised of 2,185 beds in Florida; $120 million from a commercial bank along with a $7-million AR line to purchase two properties and refinance a third in New Jersey totaling 434 skilled nursing, 52 assisted living, and 18 memory care beds; and a $115-million loan from a commercial bank in addition to a $15-million AR line for the acquisition of 10 skilled nursing facilities consisting of 1,112 beds in California. 


Inside The Story

Meridian Capital Senior Housing & Healthcare

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
New call-to-action
New call-to-action