PRESS RELEASE
BETHESDA, MD, January 10, 2020 – MidCap Financial (“MidCap”), a leading commercial finance company focused on middle market transactions, today announced that Lawrence (Lory) Brin has been promoted to the newly created position of Head of Healthcare Real Estate. Mr. Brin has been an integral part of MidCap since its founding in 2008. He most recently held the role of Managing Director, responsible for MidCap’s medical office platform, as well as its senior housing and skilled nursing efforts in the eastern United States. Mr. Brin will continue to report to Kevin McMeen, one of MidCap’s founding executives and its President of Real Estate. Mr. Brin will assume the management of the healthcare real estate business that was previously managed by Mr. McMeen.
“Lory’s promotion to Head of Healthcare Real Estate is an exciting change at MidCap,” said Mr. McMeen. “In this capacity, Lory will be stepping into a higher profile role both within our organization and in the healthcare real estate industry. Lory has been a valued member of the team since the founding of MidCap and has been successful in consistently originating strong new business. He will bring a fresh perspective and energy level to our healthcare real estate enterprise that can lead us to greater success in the future.”
Prior to joining MidCap, Mr. Brin was an underwriter with Merrill Lynch Capital’s healthcare real estate group. He began his career practicing corporate law at the New York law firm of Simpson Thacher & Bartlett LLP. Mr. Brin was a member of the NIC Future Leaders Council from 2011-2014. He holds a J.D. from Columbia Law School, where he was a Harlan Fiske Stone Scholar, and a B.A. with Honors in English from the University of Michigan.
About MidCap Financial
MidCap Financial is a middle market-focused, specialty finance firm that provides senior debt solutions to businesses across all industries throughout North America. The firm’s years of experience, strong balance sheet, and flexibility make it a lender of choice for companies across all stages of growth and complexity. MidCap Financial’s debt solutions focus in five areas:
- Asset Based Lending – asset-based revolving loans and term loans collateralized by accounts receivable, inventory and other tangible and intangible assets;
- Leverage Lending – leverage based loans to companies backed by private equity sponsors;
- Life Sciences Lending – loans to VC-backed and public pharmaceutical, biotech and medical device companies;
- ReNews Releaseal Estate Lending – loans to developers and operators of commercial, residential and healthcare real estate;
- Franchise Finance – loans to franchisees operating in the quick service restaurant (QSR) and other industries;
- Lender Finance – term loans and revolving credit facilities to consumer and commercial finance lenders.
MidCap Financial refers to MidCap FinCo Designated Activity Company, a private limited company domiciled in Ireland, and its subsidiaries, including MidCap Financial Services, LLC. MidCap Financial Services, LLC employs all personnel and provides sourcing, due diligence and portfolio management services to MidCap FinCo Designated Activity Company pursuant to a services agreement. MidCap Financial is managed by Apollo Capital Management, LP, a subsidiary of Apollo Global Management, pursuant to an investment management agreement between Apollo Capital Management, LP and MidCap FinCo Designated Activity Company.
Additional information about MidCap Financial can be found at www.midcapfinancial.com
Contact:
MidCap Financial Services, LLC
Kevin McMeen, President – Real Estate
312-234-0296
kmcmeen@midcapfinancial.com
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