The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MONTICELLOAM Provides $39MM in Financing for New Jersey Skilled Nursing Facilities
Thursday, January 23, 2025
Lenders/Participants
|
MONTICELLOAM, LLC [Lender]
|
Structure
|
Bridge & Working Capital Financing
|
Amount
|
$39.000
Million
|
Borrower(s)
|
Undisclosed - New Jersey Skilled Nursing Facilities
|
Description
|
The sponsorship group, a repeat MonticelloAM client with extensive experience in the skilled nursing industry, will use the $38,000,000 floating-rate senior bridge loan to consolidate previous loans and reduce its cost of capital.
|
Industry
|
Skilled Nursing
|
Location
|
NJ
|
Related Tags |
Commercial Real Estate, MONTICELLOAM, Non-bank Lender, Real Estate, Skilled Nursing Facility
|
ABL Advisor
Deal Tables
2025
|
|
|
|