Jones Lang LaSalle Incorporated : Seniors housing community near Phoenix secures .572M refinancing
PHOENIX, July 26, 2022 -JLL Capital Markets announced today that it has arranged a $10.572 million refinancing for Countryside Living, a 40-unit, 4...
PHOENIX, July 26, 2022 -JLL Capital Markets announced today that it has arranged a $10.572 million refinancing for Countryside Living, a 40-unit, 42-bed, newly built assisted living and memory care community in Queen Creek, Arizona. JLL worked on behalf of the borrower, a venture between American Care Concepts and private investors, to originate the 10-year, fixed-rate Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender. Completed in 2020, Countryside Living features a wide variety of on-site amenities, including an outdoor courtyard, comfortable living areas, indoor and outdoor fireplaces, dining areas, walking paths, aquariums, salons, an open kitchen and pristine outdoor views.