FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / Press Releases / Read Press Release


Monticello Provides $35.9MM in Financing for Assisted Living/Memory Care Facility Portfolio

March 06, 2020, 09:15 AM

MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $35.9 million in first lien debt financing for the acquisition and renovation of four Assisted Living/Memory Care facilities consisting of 345 units in Florida and South Carolina.

The transaction’s sponsor is an experienced owner and operator of seniors housing communities. Inclusive of recent transactions, the sponsor has a current portfolio of 1,116 units.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.