$46.8M for SNF/Adult Day Portfolio in New York; Hospital Seeks SNF Buyer Amid Medicaid Cuts

MONTICELLOAM and its affiliates provided a $46.8 million first-lien debt financing to refinance a skilled nursing property and two adult day care facilities with a combined 407 beds in New York. The deal includes a $3 million working capital loan to the operating company of the properties, which was provided by Monticello Commercial Capital, LLC, […]