MONTICELLOAM, LLC Finances $80MM For Skilled Nursing Portfolio in Pennsylvania

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $80,000,000 in combined bridge and working capital financing to four skilled nursing facilities in Pennsylvania. 

The financing includes up to a $75,000,000 bridge loan and a $5,000,000 working capital line of credit, with a 36-month initial term plus two 6-month extensions. The loan proceeds will be used by the borrower, a returning MONTICELLOAM healthcare client, to acquire the four skilled nursing facilities, fund the interest reserve, and complete renovations at the properties consisting of over 520 licensed beds. 

“This closing demonstrates our ongoing commitment to the skilled nursing sector and our ability to provide stability through market cycles. We appreciate the trust of a repeat borrower and look forward to supporting their long-term vision,” said Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending team. 

“This line of credit was structured to give operators the working capital they need to manage day-to-day demands while staying focused on resident care. Providing practical, responsive financing is central to how we support skilled nursing clients,” said Kim Gordon, Head of the MONTICELLOAM Working Capital group.