NEW YORK, NY (October 16, 2025) – MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized multifamily and seniors housing bridge lending platform, financed a $44,000,000 senior bridge loan for a 197-bed assisted living facility in the suburbs of New York City.
The floating-rate loan, structured with an initial 12-month term and a 12-month extension option, was provided to the returning MONTICELLOAM client.
Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending Team, stated, “Our team was able to provide flexible short-term financing that supported the client’s needs. This transaction highlights our expertise in tailoring solutions that aim to meet our client’s evolving requirements, and it has further strengthened our valued partnership.”
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.