The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Monticello Provides $12.43MM Financing for 165-Bed Skilled Nursing Facility
Monday, February 24, 2020
Lenders/Participants
|
MONTICELLOAM, LLC [First Lien Lender]
|
Structure
|
First Lien Debt Financing
|
Amount
|
$12.430
Million
|
Borrower(s)
|
Undisclosed
|
Description
|
First lien debt financing for the acquisition of two skilled nursing properties totaling 165 beds in Tennessee and Kentucky. The transaction also includes a $1.5 million working capital loan to the operating companies of the properties provided by Monticello’s asset-based lending group, Monticello Commercial Capital, LLC. transaction details not disclosed.
|
Industry
|
Real Estate
|
Related Tags |
MONTICELLOAM
|
ABL Advisor
Deal Tables
2024
|
|
|
|