DALLAS, Jan. 9, 2024 - JLL Capital Markets announced today that it closed a seven-year fixed rate loan for $179,541,000 with Fannie Mae on behalf of Brookdale Senior Living. Proceeds were used to refinance a seven-year tranche of a large credit facility that Brookdale closed with JLL and Fannie Mae in 2017. The collateral consists of 47 total properties and 5,102 units that are geographically diversified among 14 states. Brookdale is a repeat client of JLL and Fannie Mae and the largest seniors housing operator in the U.S.
The JLL Capital Markets team was led by Allison Holland and Alex Sheaffer.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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Jones Lang LaSalle Inc. published this content on 09 January 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 January 2024 20:10:56 UTC.
