Joel Leifer of Excelsior Care Group secured a $120 million refinancing from Monticelloam for the Throgs Neck Rehabilitation & Nursing Center at 707 Throgs Neck Expressway in the Bronx. The new loan replaces a prior $70 million debt and allows for a maximum of $217 million, with a maturity date in 2028. Excelsior purchased the property in 2021 for $19.8 million. The facility spans over 83,000 square feet and sits on a 41,000-square-foot lot.
Joel Leifer
