JLL Capital Markets closed a seven-year, fixed rate loan for $179.5 million 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
