MonticelloAM Provides $144M Financing for Washington Skilled Nursing Portfolio

by Hayden Spiess

NEW YORK CITY — MonticelloAM has provided $144 million for the financing of a skilled nursing portfolio located in the state of Washington. 

Totaling six facilities, the portfolio comprises 720 licensed beds. 

The financing includes a $140 million bridge loan and a $4 million working capital line of credit, with a 36-month initial term. The borrower was not disclosed. 

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