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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MONTICELLOAM Provides Over $108MM in Bridge and Working Capital Financing for Three Florida Skilled Nursing Facilities
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Lenders/Participants
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MONTICELLOAM, LLC [Lender]
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Structure
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Bridge Loan and Working Capital Facilities
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Amount
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$108.700
Million
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Borrower(s)
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Undisclosed - Skilled Nursing Facilities
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Description
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Financing of a senior bridge loan and working capital facility for three skilled nursing facilities in Florida, totaling $108,750,000.
The sponsorship group, a repeat client of MONTICELLOAM, plans to use the $105,500,000 floating-rate senior bridge loan to refinance the existing debt on the portfolio located across southern Florida. The $3,250,000 working capital facility will be used to cover the day-to-day operational needs of over 500 licensed beds across the three facilities.
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Industry
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Skilled Nursing
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Location
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FL
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| Related Tags |
Commercial Real Estate, MONTICELLOAM, SKilled Nursing Facilities
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ABL Advisor
Deal Tables
2025
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