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Monticello Provides $2MM in Working Capital Financing for a 305-Bed/Unit Skilled Nursing Facility

August 26, 2020, 08:00 AM
Filed Under: Nursing Facilities
Related: Monticello AM

MONTICELLOAM, LLC and its affiliates, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided a $2.00 million working capital loan to the operating companies of three skilled nursing and assisted living facilities totaling 305 beds/units in Wisconsin. The financing is provided by Monticello’s asset-based lending group, Monticello Commercial Capital, LLC.

The transaction’s sponsor is an experienced owner and operator with a current portfolio of 4,969 licensed beds/units.







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