**MonticelloAM Closes $28M Loan for Wisconsin Senior Housing**
MonticelloAM, along with an affiliate firm, has successfully closed a $28 million bridge loan to support two senior 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,” Davydov said. “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 includes a 24-month initial term with two options for extension. The borrower, an experienced Midwest-based operator and a repeat client of MonticelloAM, will use the financing to refinance existing debt on two assisted living communities located near Madison and Milwaukee. Together, the properties comprise 170 licensed beds.
