Monticello Provides $20M Financing for 251-Bed Skilled Nursing Portfolio in Kansas, Ohio

KANSAS and OHIO — Monticello has provided $20 million in first lien debt financing for the acquisition of two skilled nursing facilities and the contribution of one unencumbered skilled nursing facility located in Kansas and Ohio.

The borrower is an owner-operator with a current portfolio of 1,188 licensed.

Prior to this deal, Monticello financed the acquisition of a number of facilities in 2020 for the borrower.