New York, NY, January 11, 2021 – MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private healthcare and asset-based lender, asset manager and servicer, announced it has provided a $40.00 million working capital loan as part of a larger transaction of $507.00 million in connection to the acquisition of a skilled nursing portfolio in the southeast. Affiliated Monticello entities provided the $368.00 million mortgage and $99.00 million in mezzanine financing for the acquisition of the portfolio. This line of credit was arranged by Monticello’s asset-based lending group, Monticello Commercial Capital, LLC.

About Monticello

Monticello offers floating rate bridge loans, 5, 7 and 10-year fixed rate loans, as well as working capital lines of credit. Monticello provides financing for healthcare facilities throughout 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.