NEW YORK, NY, October 8, 2026 – MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, together with firm affiliates, provided $20,000,000 in total bridge and working capital financing for a two-facility skilled nursing portfolio in Florida.
The financing consists of $18,000,000 in mortgage funding, structured with a 36-month initial term with two 6-month extension options. Along with the bridge loan, a $2,000,000 working capital line-of-credit was also provided for the sponsor.
The Sponsor, a repeat MONTICELLOAM client, used loan proceeds to acquire the portfolio, covering 120 skilled nursing beds across the two facilities.
“Our goal is to give sponsors the customized financing they need to execute their business plans,” said Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending team. “With tailored mortgage and working capital financing, this shows our continued commitment to support health care real estate.”
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.