JLL Capital Markets announced that it has arranged $31.6 million in acquisition and mezzanine financing for Estancia Senior Living, a 103-unit, 114-bed, newly developed, Class A assisted living and memory care community in the Southern California community of Fallbrook.
JLL worked on behalf of the borrower, Contour, to secure the $24 million three-year, floating-rate bank loan. Additionally, JLL secured a $7.6 million, four-year, fixed-rate mezzanine loan. Read more.
