NEW YORK, NY (October 7, 2025) – MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized multifamily and seniors housing bridge lending platform, recently announced the financing of a $70,000,000 senior bridge loan for eight skilled nursing facilities in Massachusetts and Rhode Island.
The $70,000,000 bridge debt carries a 24-month initial term and will be used by the Sponsor, a returning MONTICELLOAM client and established operator across the northeast United States, to refinance the existing debt on the skilled nursing portfolio, comprised of more than 700 licensed beds.
“Our team delivered comprehensive financing solutions across the capital stack, successfully restructuring a pre-existing loan. This transaction highlights our deep expertise in healthcare financing, and we look forward to building on this success while continuing our strong relationship with the client,” said Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending team.
About MONTICELLOAM, LLC
MONTICELLOAM, LLC (“MONTICELLOAM”) is a specialized multifamily and seniors housing lending platform with expertise in executing bridge loans and managing credit risk. MONTICELLOAM offers bridge, working capital and permanent financing options to properties across the U.S. The firm was founded in October 2014 by Alan Litt, Thomas Lally and Jonathan Litt, who each have over 35 years of industry experience as lenders, investors, developers, and owner-operators.
To learn more visit www.monticelloam.com.