MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the initial funding of $152,000,000 in total bridge and working capital financing for the acquisition of nine skilled nursing facilities across North Carolina. The $142,000,000 bridge debt carries a 36-month initial term with two extension options. Proceeds will support the acquisition of the skilled nursing portfolio, which comprises nearly 1,100 licensed beds. “The MONTICELLOAM team did an
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August 22, 2025 @ 08:20 AM
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JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-founded and natural products companies focused on the “conscious consumer,” closed a $7 million line of credit with Cerebelly, a leading producer of organic, nutrient-rich baby food purees.“Cerebelly is a perfect fit for JPalmer Collective: A women-founded, first-of-its-kind food brand working to positively improve baby’s health and nutrition,” said Jennifer Palmer, founder and CEO of JPalmer
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August 22, 2025 @ 08:17 AM
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Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers announced the successful upsize of their existing senior secured credit facility to fund Aligned’s continued growth and accelerate its portfolio strategy. The upsize brings BXCI commitments to Aligned to over $1 billion and is committed entirely by accounts managed by BXCI’s Infrastructure & Asset Based Credit Group. The expanded financing partnership supports Aligned’s rapid growth and accelerates the development of the company’s
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August 22, 2025 @ 08:15 AM
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Pinnacle Financial Partners and Synovus Financial Corp. have named the combined company’s expected executive leadership team in the next step to bringing together two of the top-performing regional banks. The merger between Pinnacle and Synovus is expected to close in the first quarter of 2026, at which time President and CEO Kevin Blair will be joined by an experienced team of leaders that draws from the best of both institutions.Upon closing, this team is expected to lead the firm’s most
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August 22, 2025 @ 08:10 AM
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MONTICELLOAM, along with a firm affiliate, closed a floating-rate senior bridge loan for an apartment complex located in St. Augustine, Florida. The financing was originated by MONTICELLOAM Managing Director Chris Hetzel and was facilitated by Robert LaChapelle, Blake Cohen, and Reed McGarity of CBRE Atlanta. “We were excited to work with an experienced sponsorship to tailor bridge financing that is aligned with their long-term goals. MONTICELLOAM is looking forward to continuing to grow our
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August 22, 2025 @ 08:00 AM
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PlainsCapital Bank welcomed Hudson Marshall as Executive Vice President, Commercial Banking and Public Finance. In this role, Marshall will lead the continued growth of PlainsCapital’s commercial middle market business in Dallas and oversee the bank’s public finance strategy. He will work closely with HilltopSecurities, PlainsCapital’s sister company, to provide tailored capital solutions for governmental, institutional, and nonprofit clients.Marshall brings more than 20 years of experience in
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August 22, 2025 @ 07:17 AM
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Sallyport Commercial Finance announced the funding of a $10,000,000 Accounts Receivable facility for a seasoned third-party logistics provider. The client faced a pivotal moment; needing to repay obligations to their existing senior lender while injecting fresh working capital to stabilize operations. Referred to Sallyport by Marcus Ferrari of Commercial Finance Partners and partnering with a trusted SBA lender, Sallyport was able to deliver a seamless funding package. Commercial Finance
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August 22, 2025 @ 07:05 AM
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Client: A specialty contractor in the commercial construction industry, with a primary focus on sealants, waterproofing, air/vapor barriers, firestopping, and concrete restoration. Founded in 2001, the Company earned a reputation for technical expertise, project reliability, and consistent performance as it managed complex, large-scale construction projects across diverse sectors, including healthcare, transportation, education, commercial, and high-rise residential.Situation: When its existing
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August 22, 2025 @ 07:00 AM
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Alvarez & Marsal appointed Otávio Bachir as Managing Director to lead the expansion of its Global Valuation Services (GVS) advisory practice in Brazil and other countries in Latam. This strategic move reinforces A&M’s commitment to meet the evolving needs of clients across Latin America. Bachir’s appointment strengthens the firm’s ability to deliver tailored solutions that drive value throughout the deal lifecycle. “Our expansion into Brazil marks the next phase of our strategic investment in
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August 22, 2025 @ 07:00 AM
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Neuberger Berman, a global, private, employee-owned investment manager, announced the launch of NB Asset-Based Credit Fund, the firm's first interval fund, which offers a private credit solution for individual investors.The Fund, managed by Neuberger's Specialty Finance group, seeks a high-level of current income through an actively managed portfolio focused on short duration, asset-based credit investments in various sectors including receivables lending, consumer, small business, and real
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August 21, 2025 @ 08:12 AM
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SLR Business Credit, in conjunction with its affiliate SLR Digital Finance, announced that Gino Clark has joined as Senior Vice President/Managing Director to expand its traditional factoring business. In this leadership role, he will be delivering SLR Business Credit and SLR Digital Finance’s full suite of asset-based and factoring products to U.S. businesses. Clark is based in the SLR Business Credit / SLR Digital Finance Sherman Oaks, California office. Clark was most recently a Senior Vice
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August 21, 2025 @ 08:05 AM
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Modivcare, a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, announced that it has taken necessary and decisive action intended to strengthen its financial foundation while continuing to provide access to care, reduce costs, and improve outcomes for clients and members nationwide. Modivcare has filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas
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August 21, 2025 @ 07:55 AM
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Solifi, a global fintech software partner for secured finance, announced that ALL Capital, a recently launched asset-based lender, has implemented Solifi ABL to support the venture. Founded by industry veterans Charlie Hodgson and Mike Bryon, who have extensive experience in private credit, ALL Capital provides flexible debt capital to clients aiming to raise between £5m and £20m. The business has chosen Solifi to streamline its operations and support its growth as it brings its solutions to the
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August 21, 2025 @ 07:51 AM
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SG Credit Partners, through its Consumer Products division, announced a senior debt investment in ZICO Rising, the pioneering coconut water brand known for its commitment to natural hydration and clean-label ingredients. Founded in 2004 and re-acquired by its founder Mark Rampolla in 2021, ZICO has re-emerged as a foundational brand in the better-for-you beverage space. With a mission to offer consumers “hydration that comes from the source,” ZICO’s not-from-concentrate coconut water delivers
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August 21, 2025 @ 07:50 AM
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Franklin Capital announced the addition of Steven Damon as Vice President of Operations. Damon brings over 26 years of experience in asset-based lending, factoring, and audit, with a proven track record of managing $20 million-plus portfolios without losses and underwriting facilities up to $15 million. Known for his expertise in operational leadership, risk controls, and client relationship management, he will be responsible for overseeing Franklin Capital’s operational processes, enhancing
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August 21, 2025 @ 07:30 AM
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