MONTICELLOAM, LLC Provides $23.6M in Financing for Plano Apartment Community
New York, NY, January 7, 2025 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, closed $23,600,000 in bridge financing for a 167-unit multifamily property in Plano, Texas. The financing was originated by Chris Hetzel, Managing Director at MonticelloAM, and carries an initial 24-month term with multiple extension options for the Sponsor, […]
Capital Conversations: December 2024
In December’s edition of Capital Conversations, MONTICELLOAM, LLC Principal Thomas Lally and Senior Managing Director, former SVP and Chief Credit Officer of Multifamily at Fannie Mae, Charles Ostroff, examine how the FHFA’s decision to raise Fannie Mae and Freddie Mac’s loan purchase cap can impact the multifamily sector. Background: The Federal Housing Finance Agency (FHFA) […]
MONTICELLOAM, LLC, Huntington National Bank Provide $400M to Refinance Skilled Nursing Portfolio
New York, NY, December 18, 2024 – MONTICELLOAM, LLC (“MonticelloAM”) announced the closing of a $400,000,000 bridge loan for a 29-facility skilled nursing portfolio. A MonticelloAM firm affiliate acted as Agent, with Huntington National Bank as joint lead arranger. The financing comprised over 2,900 beds across Kentucky and Tennessee. “We are proud to serve as […]
MONTICELLOAM, LLC Closes $87.15M in Bridge Financing for Fresno Seniors Housing Communities
New York, NY, December 13, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, successfully closed an $87,150,000 bridge loan for 39 residential assisted living communities in Fresno, California. Expanding their relationship with MonticelloAM, the borrower plans to use the bridge loan proceeds to refinance the existing debt on the […]
MONTICELLOAM, LLC Provides Bridge Financing for PA Multifamily Community
New York, NY, December 10, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, provided a senior bridge loan for a multifamily community in Exton, Pennsylvania. MonticelloAM Managing Director Chris Hetzel originated the financing. The interest-only, floating-rate loan carries a 24-month term with multiple extension options. The purpose of the […]
Capital Conversations: November 2024
In this inaugural edition of Capital Conversations, MONTICELLOAM, LLC Principal Thomas Lally and Senior Managing Director Charles Ostroff introduce themselves, provide a brief overview of MonticelloAM, and share the origin story for Capital Conversations. Introducing Thomas Lally and Charles Ostroff Thomas Lally is Principal, Co-Founder, and Board Member of MonticelloAM and leverages over 30 years […]
MONTICELLOAM, LLC Closes an $18 Million Bridge Loan for a Wisconsin Seniors Housing Community
New York, NY, November 26, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, closed $18,000,000 in bridge financing for a seniors housing community in Wisconsin. The financing was originated by Karina Davydov, Managing Director at MonticelloAM. “We are thankful for the opportunity to build on a pre-existing relationship with […]
MONTICELLOAM, LLC Closes $64 Million in Bridge Financing for Multifamily Property in Los Angeles County
New York, NY, November 19, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, closed a $64,000,000 floating-rate senior bridge loan for a 208-unit multifamily community. The financing was originated by Chris Hetzel, a Managing Director at MonticelloAM. The loan carries a 24-month primary term with extensions at a floating […]
MONTICELLOAM, LLC Closes $87 Million in Bridge and Working Capital Financing for Florida Skilled Nursing Facilities
New York, NY, November 7, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, announced the closing of $87,000,000 in total bridge and working capital financing for a portfolio of skilled nursing facilities located in Florida. Proceeds from the $80,000,000 bridge loan were used to refinance the existing debt on […]
MonticelloAM’s Karina Davydov Wins ConnectCRE’s 2024 Women In Real Estate Award
October 17, 2024 – MonticelloAM Managing Director Karina Davydov has been honored as a winner of the 2024 Connect CRE Women in Real Estate Award. Her involvement in every aspect of the origination process, including sourcing, structuring, closing and relationship management for bridge, mezzanine, and working capital financing has been integral to the success of […]