New York, NY, January 22, 2025 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, announced the closing of $39,000,000 in total bridge and working capital financing for two New Jersey skilled nursing facilities. The sponsorship group, a repeat MonticelloAM client with extensive experience in the
New York, NY, January 15, 2025 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, announced the closing of $73,200,000 in total bridge and working capital financing for a portfolio of seniors housing and healthcare properties across Ohio. The $64,700,000 floating-rate senior bridge loan will be
New York, NY, January 9, 2025 – MONTICELLOAM, LLC (“MonticelloAM”) has announced the closing of a $22 million senior secured working capital facility, complementing the firm’s recent $400 million bridge financing for 29 Southeastern skilled nursing facilities. The working capital facility has a three-year initial term and will cover the
New York, NY, January 7, 2025 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, closed $23,600,000 in bridge financing for a 167-unit multifamily property in Plano, Texas. The financing was originated by Chris Hetzel, Managing Director at MonticelloAM, and carries an initial 24-month term with multiple
New York, NY, December 18, 2024 – MONTICELLOAM, LLC (“MonticelloAM”) announced the closing of a $400,000,000 bridge loan for a 29-facility skilled nursing portfolio. A MonticelloAM firm affiliate acted as Agent, with Huntington National Bank as joint lead arranger. The financing comprised over 2,900 beds across Kentucky and Tennessee. “We
New York, NY, December 13, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, successfully closed an $87,150,000 bridge loan for 39 residential assisted living communities in Fresno, California. Expanding their relationship with MonticelloAM, the borrower plans to use the bridge loan proceeds to refinance
New York, NY, December 10, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, provided a senior bridge loan for a multifamily community in Exton, Pennsylvania. MonticelloAM Managing Director Chris Hetzel originated the financing. The interest-only, floating-rate loan carries a 24-month term with multiple extension
New York, NY, November 26, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, closed $18,000,000 in bridge financing for a seniors housing community in Wisconsin. The financing was originated by Karina Davydov, Managing Director at MonticelloAM. “We are thankful for the opportunity to build
New York, NY, November 19, 2024 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, closed a $64,000,000 floating-rate senior bridge loan for a 208-unit multifamily community. The financing was originated by Chris Hetzel, a Managing Director at MonticelloAM. The loan carries a 24-month primary term
