NEW YORK, NY (April 15, 2026) – MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $46,000,000 in combined bridge and working capital financing to a skilled nursing portfolio in Washington. The portfolio consists of four stand-alone skilled nursing facilities and one skilled nursing and independent living community.
The transaction includes a $40,000,000 bridge loan and a $6,000,000 working capital line of credit, with a 36-month initial term.
The Sponsor, a returning MONTICELLOAM healthcare client with a portfolio of over 80 healthcare properties spanning nine states, used loan proceeds to purchase the real estate of all five communities, which account for over 400 licensed beds.
“When experienced operators are ready to grow, our role is to move with them, bringing the certainty of execution and depth of structuring expertise that healthcare transactions demand. This financing underscores our commitment to being a dependable source of capital for the skilled nursing sector,” said Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending team.
“Well-run skilled nursing facilities depend on more than just acquisition financing. They need reliable access to working capital to keep operations running, and to ensure residents receive proper care. We take pride in crafting solutions that address both sides of that equation,” said Kim Gordon, Head of the MONTICELLOAM Working Capital group.
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.