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Monticello Arranges $40MM Financing for the Acquisition of Skilled Nursing Facility Portfolio

January 13, 2021, 07:00 AM
Filed Under: Skilled Nursing

MONTICELLOAM and its affiliates provided a $40.00 million working capital loan as part of a larger transaction of $507.00 million in connection to the acquisition of a skilled nursing portfolio in the southeast. Affiliated Monticello entities provided the $368.00 million mortgage and $99.00 million in mezzanine financing for the acquisition of the portfolio.

This line of credit was arranged by Monticello’s asset-based lending group, Monticello Commercial Capital, LLC.

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