The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Monticello Asset Management Provides $40MM in Financing to Maui Sunset
Lenders/Participants
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Monticello Asset Management [First Lien Lender]
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Structure
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$36MM First Lien Debt; $4MM Working Capital Loan
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Amount
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$40.000
Million
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Borrower(s)
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Maui Sunset, LLC
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Description
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$36 million in first lien debt financing to Maui Sunset, LLC and a $4 million working capital loan to the operating companies of the facilities. The Mortgagor is using the funds to purchase a portfolio in Ohio that consists of 724 beds. The Mortgagor anticipates receiving a HUD guaranteed loan within the Bridge-To-HUD term.
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Industry
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Real Estate
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Related Tags |
Monticello Asset Management
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ABL Advisor
Deal Tables
2024
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