Hofstra University, Maurice A. Deane School of Law - J.D., 2009, cum laude
University of Miami - B.A., 2005
Michael G. DiFiore is an associate in the Health Care/Not-For-Profit Group. Michael's practice focuses on corporate governance, transactional, employment and compliance matters involving charitable, religious, educational and health care organizations. Prior to joining the firm, he was an associate at Garfunkel Wild, P.C. and Winston & Strawn LLP.
Michael received his B.A. from the University of Miami in 2005 as its Henry King Stafford Scholar and his J.D., cum laude, Dean's Scholar from Hofstra University School of Law where he was the Articles Editor of the Labor & Employment Law Journal. He is a member of the American Health Lawyers Association.
Representative Health Care Transactions:
Acquisitions and Divestitures
- Represented New Mexico Health Connections (NMHC) in the sale of its commercial health insurance business to Evolent Health, Inc.
- Representing Field Home-Holy Comforter and Catharine Field Home in connection with the pending sale of a not-for-profit skilled nursing facility and licensed home care services agency and a not-for-profit assisted living facility in Westchester County, New York, to an established for-profit nursing home operator.
- Represented Bon Secours Health System, Inc. affiliates Frances Schervier Home and Hospital and Schervier Apartments, LLC in connection with the pending sale of a not-for-profit skilled nursing facility and an affordable housing apartment building located in the Bronx, New York to an established for-profit nursing home operator.
- Represented CenterLight Health System affiliates Beth Abraham Health Services and Schnurmacher Center for Rehabilitation and Nursing in connection with the pending sale of two not-for-profit skilled nursing facilities located in the Bronx, New York and Westchester, New York to an established for-profit nursing home operator.
- Represented MJHS in connection with its affiliation with Isabella Geriatric Center, Inc., a not-for-profit long term care provider in Manhattan.
- Represented MJHS in connection with the sale of the stock of SafePath Benefits, Inc., a healthcare insurance brokerage business to Ritter Insurance Marketing.
- Represented River Valley Care Center, Inc. in connection with its sale of a skilled nursing facility located in Poughkeepsie, New York to an established for-profit nursing home operator and River Valley Realty Co. L.P. in the lease of the underlying real estate to the buyer.
Financings and Securitizations
- Morgan Stanley, as lender, in a $782 million securitized mortgage and mezzanine financing (with two layers of mezzanine debt) secured by 64 skilled nursing facilities operated by Genesis HealthCare in eight states throughout the United States, and the related securitization.
- Deutsche Bank, as lender, in a $1.05 billion securitized mortgage and mezzanine financing (with three layers of mezzanine debt) to refinance existing debt on a portfolio of 154 skilled nursing facilities operated by Sava SeniorCare in 20 states throughout the United States, and the related securitization.
- JPMorgan Chase Bank, N.A., as lender, in connection with a $250 million securitized mortgage loan secured by 71 assisted living facilities and 8 congregate care facilities located in 15 states throughout the United States in connection with the acquisition of Assisted Living Concepts by TPG Capital, which implemented an opco/propco master lease structure, and the related securitization.
- Wells Fargo Commercial Mortgage Securities, Inc. in connection with the securitization of:
- A $1,410,691,000 loan pool of ninety-six (96) mortgage loans secured by ninety-six (96) assisted living and independent living facility properties.
- A $518,632,000 loan pool of forty-two (42) mortgage loans secured by forty-two (42) assisted living, independent living and memory care properties.
- A $418,212,000 loan pool of twenty-eight (28) mortgage loans secured by twenty-eight (28) independent living properties.