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.