TOPEKA CLOSING ANNOUNCEMENT - Monarch Advisors

$2,118,750 Acquisition Term loan
Skilled Nursing Facility
Kansas
January 2024

January 31^st, 2024 – Monarch Advisors is pleased to announce the closing of a new loan to acquire a 78-bed behavioral-focused skilled nursing facility in Topeka, Kansas. The borrower, a private equity-backed, multi-state operator, engaged Monarch to source $2.1 million of senior debt for the transaction. Monarch was successful at securing an acquisition term loan commitment from a local bank lender. The 5-year loan was priced at the prime rate (8.5%), fixed, with a 25-year amortization schedule.