Stephanie Marcantonio 

Partner – New York
T.+1 212 504 6749
stephanie.marcantonio@cwt.com
200 Liberty Street
New York , NY 10281 V-CARD

Stephanie Marcantonio advises health care providers, payors, and tax-exempt entities, including religious organizations and foundations, on a wide array of corporate transactional, regulatory and governance matters, and represents lenders and borrowers in health care financings. Her practice includes structuring and negotiating acquisitions and divestitures, joint ventures, and asset purchases and sales. She also advises on health care fraud and abuse issues, including representing providers in government audits and investigations and advising providers on reimbursement matters.

Stephanie was recognized as a Next Generation Lawyer by The Legal 500 U.S. in 2017 for non-profit and tax-exempt organizations and as a Rising Star by New York Super Lawyers in 2012-2017 for health care, not-for-profit, and corporate governance and compliance.

Stephanie received her J.D., summa cum laude, from Pace University School of Law, where she was the Executive Productions Editor of the Pace Law Review, and a B.S. in Business Administration from Villanova University. 

She is admitted to practice in the State of New York.

Representative Health Care Transactions:

Acquisitions and Divestitures

  • New Mexico Health Connections in the sale of its commercial health insurance business to Evolent Health.
  • Bon Secours Health System affiliates Frances Schervier Home and Hospital and Schervier Apartments in the sale of a not-for-profit skilled nursing facility and an affordable housing apartment building located in the Bronx, New York.
  • Field Home-Holy Comforter and Catharine Field Home in 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. 
  • CenterLight Health System affiliates Beth Abraham Health Services and Schnurmacher Center for Rehabilitation and Nursing in the pending sale of two not-for-profit skilled nursing facilities located in the Bronx, New York and Westchester, New York.
  • Metropolitan Jewish Health System (MJHS) in its affiliation with Isabella Geriatric Center, Inc., a not-for-profit long term care provider in Manhattan, New York.
  • MJHS in the sale of the stock of SafePath Benefits, a healthcare insurance brokerage business, to Ritter Insurance Marketing.
  • MJHS affiliate M.J.G. Nursing Home Company in the sale of a not-for-profit skilled nursing facility located in Brooklyn, New York. 
  • MJHS affiliate Shorefront Jewish Geriatric Center in the sale of a not-for-profit skilled nursing facility located in the Brooklyn, New York. 
  • Marcus Garvey Residential Rehab Pavilion in the sale of a not-for-profit skilled nursing facility located in Brooklyn, New York.
  • Atlantis Rehabilitation and Residential Health Care Facility and an affiliate in the sale of a 400-bed skilled nursing facility located in the Fort Greene section of Brooklyn, New York.  
  • Aging in America affiliates Morningside House Nursing Home Company and Morningside at Home in the sale of a not-for-profit skilled nursing facility, a long term home health care program, an adult day program and a licensed home care services agency located in the Bronx, New York. 
  • Burke Rehabilitation Hospital, an acute rehabilitation hospital in Westchester County, New York, in its affiliation with Montefiore Health System and the related separation of the Burke Foundation and Burke Medical Research Institute.  
  • Lighthouse International, a leading non-profit organization dedicated to fighting vision loss, in an affiliation with The Jewish Guild for the Blind.  
  • Elizabeth Seton Pediatric Center, a New York pediatric long term care system, in the sale of its long term home health care program.
  • MJHS in its acquisition of the Jacob Perlow Hospice from Continuum Health Partners, including with respect to its contracts with more than two dozen nursing homes and other facilities, its 18-bed inpatient hospice and palliative care unit at Beth Israel Medical Center, and its hospice residence located in Riverdale, New York.
  • Morningside at Home in its sale of an assisted living program located in the Bronx, New York.
  • River Valley Care Center in the sale of a skilled nursing facility located in Poughkeepsie, New York to an established for-profit nursing home operator, and an affiliate in the lease of the underlying real estate to the buyer.

Financings and Securitizations

  • Morgan Stanley, as lender, in a $782 million 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 in the related securitization.
  • Deutsche Bank, as lender, in a $1.05 billion 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 in the related securitization.
  • Deutsche Bank, as lender, in a $940 million mortgage and mezzanine financing (with three layers of mezzanine debt) to refinance existing debt on a portfolio of 167 skilled nursing facilities operated by Sava SeniorCare in 19 states throughout the United States, and in the related securitization.
  • Credit Suisse, as lender, in a $916 million mortgage and mezzanine financing secured by approximately 200 health care properties, including a master lease structure, accounts receivable financing and intercreditor arrangements, in connection with the buyout of Mariner Health Care.
  • JPMorgan, as lender, in a $250 million 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/propo master lease structure, and in the related securitization.
  • JPMorgan , Credit Suisse and Bank of America, as lenders, in a $4.6 billion mortgage and mezzanine loan secured by approximately 375 health care facilities in connection with The Carlyle Group’s leveraged buyout of ManorCare, and in the related securitization.
  • Credit Suisse, as lender, in a $1.4 billion mortgage and mezzanine financing secured by approximately 260 health care facilities in connection with the buyout of Beverly Enterprises, and in the related securitization.
  • (Credit Suisse, as lender, in a $52 million financing for the acquisition of four assisted living facilities.
  • (Credit Suisse, as lender, in a $10 million financing to Lynmoore One Real Estate for the acquisition of one skilled nursing facility.
  • Credit Suisse, as lender, in a $7 million financing for the acquisition of five skilled nursing facilities.
  • Lehman Brothers, as lender, in a $90 million financing for Extendicare Health Services and certain affiliates to refinance existing debt on a portfolio of 14 skilled nursing facilities.
  • UBS, as lender, in a $53.5 million financing for the acquisition of 10 skilled nursing facilities.
  • UBS, as lender, in a $35 million refinancing of existing debt on a portfolio of six skilled nursing facilities.
  • LNR Partners, as lender, in the substitution of a skilled nursing facility property in a pool of properties securing a loan from Lehman Brothers to certain affiliates of Extendicare Health Services.
  • Goldman Sachs in the securitization of a $325 million mortgage loan secured by 29 assisted living properties.
  • Wells Fargo Commercial Mortgage Securities in the securitization of:
    • A $65 million pool of mortgage loans secured by the 27 assisted living and  independent living properties.
    • A $58 million pool of mortgage loans secured by 17 assisted living and independent living facility properties.
    • An $841 million pool of mortgage loans secured by 59 assisted living, independent living, memory care and skilled nursing properties.
    • A $603 million pool of mortgage loans secured by 52 assisted living, independent living and memory care properties.
    • A $1.4 billion pool of mortgage loans secured by 96 assisted living and independent living facility properties.
    • A $519 million pool of mortgage loans secured by 42 assisted living, independent living and memory care properties.
    • A $418 million pool of mortgage loans secured by 28 independent living properties.

NEWS

RESOURCES

Stephanie Marcantonio 

Admissions

  • New York

Education

  • Pace University Law School
    J.D., 2004, summa cum laude
  • Villanova University
    B.S.B.A., 1999

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