The age-restricted Windsor at Celebration received a $57.5 million loan from a large debt fund, arranged by JLL Capital Markets (NYSE: JLL), per Senior Housing News.
JLL worked on behalf of the borrower, in this case, a partnership between Square Mile Capital Management and Big Rock Partners. The loan is a five-year, floating-rate, non-recourse loan.
Windsor at Celebration, based in Celebration, Florida, is a luxury seniors housing community with 239 units dedicated to independent living, assisted living, and memory care.
