BlackRock Monticello Debt Real Estate Investment Trust: debt financing — BlackRock Monticello Debt REIT secures $350M in credit facilities from ConnectOne and Nomura

BlackRock Monticello Debt Real Estate Investment Trust

BLKM VI subsidiary entered $100M credit agreement with ConnectOne Bank; can be increased to $150M.
BLKM V subsidiary entered $250M master repurchase agreement with Nomura Corporate Funding Americas.
Both facilities mature in 2029 with extension options; secured by eligible commercial real estate loans.
Advances bear interest at Term SOFR plus spread; ConnectOne facility has 3.00% SOFR floor.
Company provides full guaranty for both facilities; Nomura agreement includes 25 bps draw fee.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

BlackRock Monticello Debt Real Estate Investment Trust incurred credit facility of initial maximum aggregate purchase price of $250,000,000 with Nomura Corporate Funding Americas, LLC, as buyer at Term SOFR for a one month period, plus a margin as agreed upon by the Buyer and maturing June 4, 2029.

Instrument: credit facility
Principal: initial maximum aggregate purchase price of $250,000,000
Counterparty: Nomura Corporate Funding Americas, LLC, as buyer
Rate: Term SOFR for a one month period, plus a margin as agreed upon by the Buyer and
Maturity: June 4, 2029
Event: incurrence

Exact text from the filing

Nomura Repurchase Agreement On June 4, 2026, BLKM V, LLC (the “Seller”), an indirect subsidiary of the Company, entered into a master repurchase agreement (as it may be amended from time to time, the “Nomura Repurchase Agreement”) with Nomura Corporate Funding Americas, LLC, as buyer (in such capacity, the “Buyer”), to finance the acquisition by the Seller of eligible loans as more particularly described in the Nomura Repurchase Agreement.

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

BlackRock Monticello Debt Real Estate Investment Trust incurred credit facility of $100,000,000 with ConnectOne Bank, as administrative agent at Term SOFR for a one-month period, subject to a SOFR floor of 3.00% per annum, pl maturing June 1, 2029.

Instrument: credit facility
Principal: $100,000,000
Counterparty: ConnectOne Bank, as administrative agent
Rate: Term SOFR for a one-month period, subject to a SOFR floor of 3.00% per annum, pl
Maturity: June 1, 2029
Event: incurrence

Exact text from the filing

The maximum aggregate commitment under the ConnectOne Credit Agreement is $100,000,000, which may be increased up to a total amount of $150,000,000 at the Borrower’s request subject to the consent of the Administrative Agent, in its sole discretion and the lenders providing such increase.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BlackRock Monticello Debt Real Estate Investment Trust entered into Guaranty with Nomura Corporate Funding Americas, LLC valued at Full recourse to the Company upon certain events (effective 2026-06-04).

Action: entry
Counterparty: Nomura Corporate Funding Americas, LLC
Value: Full recourse to the Company upon certain events
Effective: 2026-06-04

Exact text from the filing

In connection with the Nomura Repurchase Agreement, the Company provided a Guaranty (the “Guaranty”), which may become full recourse to the Company upon the occurrence of certain events as described in the Guaranty.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

BlackRock Monticello Debt Real Estate Investment Trust entered into Nomura Repurchase Agreement with Nomura Corporate Funding Americas, LLC valued at $250,000,000 initial maximum aggregate purchase price (effective 2026-06-04).

Action: entry
Agreement: credit facility
Counterparty: Nomura Corporate Funding Americas, LLC
Value: $250,000,000 initial maximum aggregate purchase price
Effective: 2026-06-04

Exact text from the filing

On June 4, 2026, BLKM V, LLC (the “Seller”), an indirect subsidiary of the Company, entered into a master repurchase agreement (as it may be amended from time to time, the “Nomura Repurchase Agreement”) with Nomura Corporate Funding Americas, LLC, as buyer (in such capacity, the “Buyer”), to finance the acquisition by the Seller of eligible loans as more particularly described in the Nomura Repurchase Agreement.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

BlackRock Monticello Debt Real Estate Investment Trust entered into ConnectOne Credit Agreement with ConnectOne Bank valued at $100,000,000 (up to $150,000,000) (effective 2026-06-01).

Action: entry
Agreement: credit facility
Counterparty: ConnectOne Bank
Value: $100,000,000 (up to $150,000,000)
Effective: 2026-06-01

Exact text from the filing

On June 1, 2026, BLKM VI, LLC (the “Borrower”), an indirect subsidiary of BlackRock Monticello Debt Real Estate Investment Trust (the “Company”), entered into a credit and security agreement (as it may be amended from time to time, the “ConnectOne Credit Agreement”) with ConnectOne Bank, as administrative agent (in such capacity, the “Administrative Agent”) and account bank, the Company, as guarantor, MonticelloAM Servicing, LLC, as servicer, and certain other lenders party thereto.

View on SEC.gov

289 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001193125-26-259869

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