MONTICELLOAM, a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $107,000,000 in combined bridge and working capital financing to a four-facility skilled nursing portfolio in Florida. 

The transaction includes a $100,000,000 bridge loan and a $7,000,000 working capital line of credit. The loan proceeds will be used by the borrower, a returning MONTICELLOAM client, to pay off the existing debt on the four skilled nursing facilities comprised of 480 licensed beds. 

“This closing demonstrates our ability to provide flexible capital solutions that meet evolving needs and foster stability for healthcare providers. We value the opportunity to deepen our relationship with a trusted partner and support their growth objectives,” said Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending team. 

“By delivering a customized line of credit, we helped this skilled nursing operator address operational challenges and maintain strong care standards. We’re proud to partner with clients who trust our expertise in asset-based lending,” added Kim Gordon, Head of the MONTICELLOAM Working Capital group.