WISCONSIN CLOSING ANNOUNCEMENT

• $3,000,000 Term Loan
• $1,250,000 Revolving Line of Credit Increase
• Skilled Nursing portfolio
• Wisconsin
• September 2023

September 28^th, 2023 – Monarch Advisors is pleased to announce the closing of a new loan to acquire a skilled nursing community and refinance a second one, both in Wisconsin.  The owner and operator of the properties engaged Monarch to source $4.25 million of senior debt for the transaction.  Monarch was successful at securing a commitment from a debt fund lender, consisting of a) $3 million 2-year term loan, with a 1-year extension option, and b) $1.25 million increase to their revolving line of credit. This second closing is a companion to the earlier Wisconsin closing announced in May 2023.