WISCONSIN CLOSING ANNOUNCEMENT

• $10,300,000 Term Loan
• $2,250,000 Revolving Line of Credit
• Skilled Nursing portfolio
• Wisconsin
• May 2023

May 12th, 2023 – Monarch Advisors is pleased to announce the closing of a new loan to refinance a portfolio of 3 skilled nursing communities in Wisconsin.  The owner and operator of the properties engaged Monarch to source $12.6 million of senior debt for the transaction.  Monarch was successful at securing a commitment from a relatively new debt fund lender, consisting of a) $10.3 million 2-year term loan, with a 1-year extension option, and b) $2.25 million revolving line of credit.

Upon closing the transaction, the client offered the following statement, “Monarch Advisors truly helped our acquisition happen!  Alec Blanc is great to work with and immediately became a trusted partner in guiding us to the best sources and really stuck with us through the close.  I highly recommend Monarch and Alec to anyone seeking expert advice to navigate this current market and accomplish the right deal.”