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Greystone Monticello closes $16m in bridge financing for senior housing acquisition in Illinois
Transactions - APRIL 19, 2024

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Greystone Monticello closes $16m in bridge financing for senior housing acquisition in Illinois

by Denise Moose

Greystone Monticello announced it has closed a $16.7 million bridge loan for the acquisition of a senior housing property in Illinois.

The property comprises independent living, assisted living and memory care units. The bridge financing closed by Greystone Monticello carries a two-year term with two six-month extensions.

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