NEW YORK, NY (June 17, 2026) – MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with a firm affiliate, closed a bridge loan for an apartment complex in San Antonio, Texas. The transaction was originated by MONTICELLOAM Senior Managing Director Darryl Myrose.
“Drawing on our deep expertise in multifamily lending, we develop customized financing structures aligned with each client’s specific objectives. Working alongside seasoned sponsors, we expand our platform and generate compelling outcomes that benefit all parties involved,” said Mr. Myrose.
The loan carries a 24-month initial term with two 12-month extension options. Proceeds will be used to retire the existing debt on the property by the sponsor, RPM Living, a privately held multifamily real estate investment and management firm headquartered in Austin, Texas, with a portfolio spanning more than 225,000 units across 35+ markets nationwide.
Josh Kahn, COO, RPM Living, mentions, “It was a pleasure closing another transaction with the Monticello Team. Their professionalism, creativity, and ability to execute efficiently help drive successful outcomes for our projects. We look forward to building on this strong relationship and working together on future transactions.”
The Beverly, a multifamily property comprised of 137 units, consists of one three-story residential building with a clubhouse. Community amenities include a pool, clubroom lounge, dog park, laundry facility, and 24-hour fitness center.
“With interest rates and capital markets continuing to shift, borrowers require flexible financing that can move with the market,” said Eric Baum, Head of MONTICELLOAM’s Multifamily Bridge Lending team. “Our team of dedicated lending professionals brings deep experience and a hands-on approach to every transaction, ensuring clients can adapt to current conditions and execute on their business plans with confidence.”
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.