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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MONTICELLOAM Closes $87MM in Bridge and Working Capital Financing for Florida Skilled Nursing Facilities
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Lenders/Participants
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MONTICELLOAM, LLC [Lender]
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Structure
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Bridge and Working Capital Financing
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Amount
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$87.000
Million
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Borrower(s)
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Undisclosed - Portfolio of Skilled Nursing Facilities
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Description
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Proceeds from the $80,000,000 bridge loan were used to refinance the existing debt on four skilled nursing facilities. The loan carries a 24-month term with two six-month extensions for the borrower.
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Industry
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Skilled Nursing
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| Related Tags |
Bridge Loan, MONTICELLOAM, Non-bank Lender
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ABL Advisor
Deal Tables
2024
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