Monticello Provides $41M in Financing for 336-Bed Skilled Nursing Portfolio in Tennessee

TENNESSEE — Monticello has provided $41 million to refinance two skilled nursing properties totaling 336 beds in Tennessee.

The names and specific locations of the properties were not disclosed

The borrower is an experienced owner and operator with a current portfolio of 8,752 licensed beds.

Prior to this deal, Monticello financed the sponsor’s acquisition of a number of facilities over the last several years in multiple transactions.