Senior Housing News August 16, 2024
Financings
Atria Newport Beach refinanced secures $52M refinancing
JLL Capital Markets announced on Aug. 15 that it secured $52 million in refinancing for Atria Newport Beach in Newport Beach, California.
According to a press release, JLL represented the borrower, a partnership between a national real estate investment trust and Atria Senior Living.
The community was built in two phases, with the south building opening in 2021 and the north building seeing full renovations in 2023. The community was previously dubbed the “community of the future.”
Transactions
Christian Horizons lists 10 communities for sale
Nonprofit Christian Horizons has 10 communities listed for sale in the midwest.
Reporting from The State Journal-Register states the communities are located in Illinois, Indiana, Iowa and...
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