Wisconsin Seniors Housing Secures $28 Million Bridge Loan

MONTICELLOAM closes $28M bridge loan for two Wisconsin seniors housing communities, refinancing 170 beds with a 24-month term.

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CJ

Christian Joshua

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New York, NY, June 10, 2025 – MONTICELLOAM, LLC (“MONTICELLOAM”), a dedicated bridge lender for multifamily and seniors housing, together with a firm affiliate, has closed $28 million in floating-rate senior bridge financing for two assisted-living communities in Wisconsin. The deal, originated by Senior Managing Director Karina Davydov through MONTICELLOAM’s specialized bridge platform, carries a 24-month initial term and two extension options.

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The Sponsor—an experienced Midwest operator and repeat MONTICELLOAM client—will use the proceeds to refinance existing debt on two properties near Madison and Milwaukee, totaling 170 licensed beds.

“We value the trust our repeat clients place in us and are proud to support their vision and operational strength,” said Karina Davydov. “This transaction underscores our commitment to the seniors housing sector and our ability to deliver tailored capital solutions.”

Joseph Borenstein, head of MONTICELLOAM’s Healthcare Bridge Lending team, added,

“Having seen this group’s expertise firsthand, we’re excited to partner with them again. Our familiarity allowed us to structure financing aligned with their long-term goals.”

About MONTICELLOAM, LLC

Founded in October 2014 by Alan Litt, Thomas Lally and Jonathan Litt—each with over 35 years in lending, investing, development and operations—MONTICELLOAM offers bridge, working-capital and permanent financing nationwide for multifamily and seniors housing properties.

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