FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Monticello Provides $14MM in Financing for a 305-Bed/Unit Skilled Nursing Facility Portfolio

Date: Aug 12, 2020 @ 08:55 AM
Filed Under: Nursing Facilities

MONTICELLOAM, LLC and its affiliates, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $14.00 million in first lien debt financing for the acquisition of one skilled nursing and assisted living facility and the refinancing of two skilled nursing facilities totaling 305 beds/units in Wisconsin.

The transaction’s sponsor is an experienced owner and operator with a current portfolio of 4,969 licensed beds/units.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.