MOUNT PLEASANT and LENOIR CITY, Tenn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Mount Pleasant Health and Rehabilitation in Mount Pleasant and Trinity Health and Rehabilitation in Lenoir City. The properties are approximately 200 miles apart. Mount Pleasant features 72 beds and 30 independent living units in a 39,048-square-foot property situated on six acres south of Nashville. Trinity features 104 skilled nursing beds and a vacant assisted living area in a 57,686-square-foot property on 4.7 acres southwest of Knoxville. Bradley Clousing, Daniel Geraghty and Ryan Saul …
Tennessee
NEW YORK CITY — New York-based Meridian Capital Group’s seniors housing and healthcare team has arranged $60 million in financing for two portfolios of memory care assets across Ohio, Georgia, South Carolina, Colorado, California and Tennessee. Ari Adlerstein, Ari Dobkin and Josh Simpson of Meridian negotiated the two transactions, which will refinance existing debt on the properties. In the first transaction, Meridian arranged $27.5 million for four memory care facilities totaling 264 beds in Ohio and Georgia. The five-year loan features a fixed rate and limited personal guarantees. In the …