Monticello Provides $35.9M Financing for Four-Property Portfolio in Florida, South Carolina

by Jeff Shaw

FLORIDA and NORTH CAROLINA — Monticello has provided $35.9 million in first lien debt financing for the acquisition and renovation of four communities in Florida and South Carolina.

The properties, totaling 345 units, offer assisted living and memory care services. The names and specific locations were not disclosed.

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

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