MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $15.50 million in first lien debt financing for the acquisition of one skilled nursing facility, acquisition of one skilled nursing / inpatient rehab facility and for the refinancing of two skilled nursing facilities totaling 282 beds in Kansas.

The transaction’s sponsor is an experienced owner and operator with a current portfolio of 945 licensed beds and has an established relationship with Monticello. Prior to this deal, Monticello financed the acquisition of a number of facilities during 2019 for the sponsor.