Updated Jun 8, 2026
Meridian Capital Group Arranges $178 Million Acquisition Financing For Senior Housing In Alabama
$178,000,000
Building Size
—
Asset Type
Senior Housing
Closing
Apr 22, 2026
About this deal
AI
The asset involved in this transaction is a skilled nursing portfolio located in Alabama, specifically within the senior housing sector. The loan amount for the acquisition is $178,000,000, structured as acquisition financing, mezzanine financing, and a line of credit.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $178,000,000
- Loan Type: Acquisition
- Market: Birmingham, AL
The transaction was facilitated by brokers Avi Begun and Amy Heller from Meridian Capital Group, representing the financing arrangements for the skilled nursing portfolio.
Players
Market Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93