{"id":1781,"date":"2021-06-22T17:49:07","date_gmt":"2021-06-22T21:49:07","guid":{"rendered":"https:\/\/monticelloam.com\/staging\/?p=1781"},"modified":"2021-06-22T17:49:07","modified_gmt":"2021-06-22T21:49:07","slug":"monticelloam-llc-provides-70-million-to-refinance-a-portfolio-of-7-skilled-nursing-facilities-in-arkansas","status":"publish","type":"post","link":"https:\/\/monticelloam.com\/staging\/monticelloam-llc-provides-70-million-to-refinance-a-portfolio-of-7-skilled-nursing-facilities-in-arkansas\/","title":{"rendered":"MONTICELLOAM, LLC Provides $70 Million to Refinance a Portfolio of 7 Skilled Nursing Facilities in Arkansas"},"content":{"rendered":"<p>New York, NY, June 22, 2021 &#8211; MONTICELLOAM, LLC and its affiliates (\u201cMonticello\u201d), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided a $70 million, five-year loan to refinance a portfolio of seven skilled nursing facilities, consisting of 953 beds, throughout Arkansas.<\/p>\n<p>The transaction\u2019s sponsors have a proven track record with Monticello and as operators in the region, currently operating a total portfolio of approximately 1,200 beds in the state of Arkansas.<\/p>\n<h3>About Monticello<\/h3>\n<p>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 skilled nursing facilities, assisted living facilities, independent living facilities and other healthcare facilities or senior housing communities 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.<\/p>","protected":false},"excerpt":{"rendered":"<p>New York, NY, June 22, 2021 &#8211; MONTICELLOAM, LLC and its affiliates (\u201cMonticello\u201d), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided a $70 million, five-year loan to refinance a portfolio of seven skilled nursing facilities, consisting of 953 beds, throughout Arkansas. The transaction\u2019s sponsors have a proven [&hellip;]<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1781","post","type-post","status-publish","format-standard","hentry","category-monticello-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MONTICELLOAM, LLC Provides $70 Million to Refinance a Portfolio of 7 Skilled Nursing Facilities in Arkansas | MONTICELLOAM, LLC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/monticelloam.com\/staging\/monticelloam-llc-provides-70-million-to-refinance-a-portfolio-of-7-skilled-nursing-facilities-in-arkansas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MONTICELLOAM, LLC Provides $70 Million to Refinance a Portfolio of 7 Skilled Nursing Facilities in Arkansas | MONTICELLOAM, LLC\" \/>\n<meta property=\"og:description\" content=\"New York, NY, June 22, 2021 &#8211; MONTICELLOAM, LLC and its affiliates (\u201cMonticello\u201d), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided a $70 million, five-year loan to refinance a portfolio of seven skilled nursing facilities, consisting of 953 beds, throughout Arkansas. 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