May 12, 2021 12:00 PM
As exclusive advisor to a joint venture between Alliance Residential Company (Alliance) and a global institutional real estate manager, 星空体育app下载 secured a construction loan for the development of Holden of Boca/Delray in Delray Beach, Florida. The development project is a Class A, 187-unit seniors housing project located in a highly infill location鈥�6895 Morikami Park Road鈥揳ccessible to both Boca Raton and Delray Beach.
星空体育app下载 Managing Director Sarah Anderson, Co-Heads and Vice Chairmen of the company鈥檚 Healthcare and Alternative Real Assets group Ryan Maconachy and Chad Lavender, Senior Managing Director David Fasano and Managing Director Ross Sanders represented the borrower in the financing efforts and the construction loan was provided by a bank lender.
The development, which will feature 89 independent living units, 76 assisted living units and 22 memory care units, has site plan approval and will break ground in May. The community will be operated by The Arbor Company, a highly sought-after seniors housing operator based in Atlanta.
鈥淭he seniors housing market has continued to outperform nationally despite impacts from COVID-19,鈥� concluded Sarah. 鈥淲ith approximately 20,000 age- and income-qualified individuals within a 15-minute drive of the development site, Holden of Boca/Delray will benefit from the incoming wave of pent-up demand for seniors housing.鈥�
About 星空体育app下载
星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2020, 星空体育app下载 generated revenues in excess of $1.9 billion. To learn more, visit nmrk.com or follow .
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