Monticello Funds $15.8M Financing for 126-Unit Portfolio in Tennessee

TENNESSEE — Monticello and its affiliates have provided $15.8 million in first lien debt financing for the acquisition and renovation of three assisted living and memory care communities in Tennessee.

The portfolio totals 126 units. The borrower is an owner-operator with a current portfolio of 1,116 units.

The names and locations of the properties were not disclosed.