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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Monticello Provides $34.12MM First Lien Facility to NY Adult Home Facility
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Lenders/Participants
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Monticello Asset Management [Lender]
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Structure
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First Lien Debt Financing
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Amount
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$34.120
Million
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Borrower(s)
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Elener Associates, LLC and W Management Group
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Description
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The Mortgagors are using the funds to acquire a 256 bed adult home facility located in New York. The Borrowers plan to improve operating efficiencies and make significant capital improvements in order to enhance the functional capabilities and proficiencies throughout the building. Transaction details not disclosed.
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Industry
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Senior Living Communities
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| Related Tags |
Monticello Asset Management
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ABL Advisor
Deal Tables
2024
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