facebook
Traded Co logo
Submit

Avi Begun Of Meridian Capital Group Secures $58 Million Refinance Loan For Senior Housing Portfolio In Largo

Property Image
FINANCED
$58,000,000

Florida

See Similar Deals
Senior Housing
Financed 04/30/2025
the dealplayerscompscontact
Property Image
FINANCED

Avi Begun Of Meridian Capital Group Secures $58 Million Refinance Loan For Senior Housing Portfolio In Largo

Senior Housing
Financed 04/30/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Senior Housing
Transaction Type:Loan

The transaction involves a senior housing portfolio located in Largo, FL. A refinance loan amounting to $58,000,000 was secured for this portfolio, with specific structuring including a 3-year term and 2.5 years of interest-only payments, allowing for operational flexibility in executing the business plan.

Summary of transaction details:

  • Property Type: Senior Housing Portfolio
  • Transaction Amount: $58,000,000
  • Loan Type: Refinance
  • Broker: Avi Begun - Meridian Capital Group
  • Date Closed: 4/30/2025
  • Market: Largo, FL

Avi Begun, from Meridian Capital Group, played a crucial role in closing this transaction through the Senior Housing & Healthcare Finance team. The team's expertise in structuring solutions positioned them as leaders in the senior housing sector, enhancing flexibility for their client during the refinancing process.

Players

Avi Begun
Meridian Capital Group
Avi Begun
4 deals$176.3M volume(646) 502-3408
BROKER
Meridian Capital Group
Meridian Capital Group
BROKERAGE

Details

FINANCED
IMAGE: Avi Begun DATE: 4/30/2025 MARKET: Largo, FL ASSET TYPE: Senior Housing Portfolio BROKER: Avi Begun - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $58,000,000 LOAN TYPE: Refinance NOTE FROM BROKER: Avi Begun and Meridian’s Senior Housing & Healthcare Finance team have closed another standout deal—this time arranging financing for a senior housing portfolio in Coastal Florida. The team secured a non-recourse loan with a 3-year term along with 2.5 years of interest-only payments, providing the client with flexibility and runway to execute their business plan. This transaction is another example of Meridian’s deep expertise in structuring creative, efficient solutions in today’s complex capital markets—and our continued leadership in the senior housing sector. Contact Avi Begun to see what Meridian’s Senior Housing & Healthcare Finance Team can structure for your next deal. Avi Begun Managing Director Senior Housing Team 516-316-9413 Florida

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$58,000,000.00

Monthly NOI$386,666.67
Monthly Debt Service$366,599.45
Change in Cash Flow$0.00
Refinance Proceeds$0.00