MONTICELLOAM, a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $68,000,000 in bridge financing to a three-facility skilled nursing portfolio in Illinois. The financing was originated by Karina Davydov, Senior Managing Director, Originations. 

“Our team remains committed to delivering results that align with our clients’ goals, and this transaction reflects that dedication. We are proud to offer tailored financing and continue strengthening our partnership with a returning client,” says Karina Davydov. 

The loan proceeds will be used by the operator, a returning MONTICELLOAM healthcare client with extensive operating experience, to refinance the existing debt on the skilled nursing portfolio, comprised of 746 licensed beds in Illinois. 

“This closing reinforces MONTICELLOAM’s role as a steady capital partner for healthcare operators, no matter the market environment. We’re pleased to support a returning borrower and contribute to the long-term stability of their skilled nursing operations,” said Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending team.