$175M Financing Secured for Recapitalization of Senior Living Portfolio Across Southeast

December 5, 2022

DALLAS, TX—JLL Capital Markets announced last week that it has arranged a $175 million refinancing for a six-property seniors housing portfolio totaling 821 units across the southeast.

The portfolio offers a mix of independent living, assisted living and memory care units. Five of the properties are recently completed, and the sixth—a second phase to its adjacent sister property—is currently under construction. The communities feature a lot of amenities, including fitness centers, dining rooms, lounge areas, bars, putting greens, outdoor patios, walking paths and more.

The properties are positioned in high-growth markets with strong demographics and forecasted growth in the 65+ population. The communities are near major retail, entertainment, health care and professional centers, as well as numerous outdoor activities such as golf courses and country clubs.

The JLL Capital Markets debt advisory team representing the borrower was led by Managing Director Allison Holland and Associate Jason Skalko.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers best-in-class solutions for clients—whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 capital markets specialists worldwide, with offices in nearly 50 countries.