MONTICELLOAM, a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $60,000,000 in bridge financing to a five-facility skilled nursing portfolio in Illinois. The loan was originated by Karina Davydov, Senior Managing Director, Originations.

“Executing transactions that meet our clients’ strategic goals remains at the core of what we do. We’re pleased to support a returning client with a customized financing solution and deepen an established partnership,” says Karina Davydov.  

The returning MONTICELLOAM healthcare client, who operates over a dozen skilled nursing facilities in Illinois, will use the loan proceeds to acquire a skilled nursing portfolio of more than 620 licensed beds across Illinois. 

“We’re pleased to support a returning borrower and help advance the long-term stability of their skilled nursing operations. This closing underscores MONTICELLOAM’s position as a capital partner for healthcare operators across market cycles,” said Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending team.