MonticelloAM Provides $46 Million Financing For Nursing Home Portfolio Acquisition In Mount Vernon, WA

The asset involved in this transaction is a nursing home portfolio located in Mount Vernon, WA. The portfolio encompasses five properties, signifying a significant acquisition within the nursing home sector.

Summary of transaction details:

• Property Type: Nursing Home
• Transaction Amount: $46,000,000
• Lender: Kim Gordon - Monticelloam
• Loan Type: Acquisition
• Note: MonticelloAM provided $46 million in financing to acquire a five-property skilled nursing portfolio in Washington, including a $40 million bridge loan and $6 million working capital line with a 36-month term.

Key individuals involved in the transaction include Kim Gordon, representing Monticelloam as the lender providing financial support for the acquisition of the nursing home portfolio.