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Chicago & Midwest  + Midwest  + Senior Housing  | 

MonticelloAM Closes $28M Loan for Wisconsin Senior Housing

MonticelloAM, along with a firm affiliate, closed $28 million in bridge financing for two seniors housing properties in Wisconsin.

Senior Managing Director Karina Davydov originated the transaction through the firm’s bridge lending platform. “We value the trust our repeat clients place in us and are proud to support this group, reflecting our continued confidence in their vision and operational strength,” said Davydov. “This loan underscores our commitment to our borrowers in the seniors housing sector and our ability to deliver tailored capital solutions that meet their evolving needs.”

The $28 million floating-rate senior bridge loan has a 24-month initial term with two extension options. The Sponsor, an experienced Midwest operator and repeat client of MonticelloAM, plans to use the loan proceeds to refinance the existing debt on two assisted living communities near Madison and Milwaukee, comprising 170 licensed beds.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.