MONTICELLOAM and its affiliates provided a $40.00 million working capital loan as part of a larger transaction of $507.00 million in connection to the acquisition of a skilled nursing portfolio in the southeast. Affiliated Monticello entities provided the $368.00 million mortgage and $99.00 million in mezzanine financing for the acquisition of the portfolio.
This line of credit was arranged by Monticello’s asset-based lending group, Monticello Commercial Capital, LLC.