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SELECTED TRANSACTION DETAILS
MONTICELLOAM Closes $87MM in Bridge and Working Capital Financing for Florida Skilled Nursing Facilities
Friday, November 8, 2024

Lenders/Participants MONTICELLOAM, LLC [Lender]
Structure Bridge and Working Capital Financing
Amount $87.000 Million
Borrower(s) Undisclosed - Portfolio of Skilled Nursing Facilities
Description Proceeds from the $80,000,000 bridge loan were used to refinance the existing debt on four skilled nursing facilities. The loan carries a 24-month term with two six-month extensions for the borrower.
Industry Skilled Nursing
Related Tags Bridge Loan, MONTICELLOAM, Non-bank Lender