Huntington Beach senior housing project scores $252M financing package
A senior housing developer is moving forward with a project in Huntington Beach thanks to a fresh nine-figure funding injection. The Marisol, a planned 214-unit assisted living and memory care community at 2120 Main Street in Huntington Beach, secured $252.1 million in construction financing for a project slated for delivery in 2028, Multi-Housing News reported. Bloom Family Foundation is developing the project alongside Development Management Associates, a spokesperson for The Marisol told L.A. Business First. The financing package from the California Public Finance Authority is split into three tranches. A $165.7 million Series A senior bond piece, a $74.3 million […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Obsession: The Creative Director–Approved Ballpoint Pen
ELLE Decor Checks In: Rosewood Mansion, Dallas
Katherine Heigl’s Sprawling Utah Estate—Plus 4 More Luxury Homes for Sale
12 Historic American Homes From the ELLE Decor Archives
The Striking Smithsonian Castle in D.C. Opens for the Summer
Inside Serena Williams’s $20 Million Property Portfolio
Three Frank Lloyd Wright Followers Designed This $1.1M Ohio Midcentury With an "Ivory Tower"
The Best Thermostat Settings for Every Season to Save Energy and Stay Comfortable
Stevenson affiliate cuts unit count at proposed Glendale multifamily project
Katherine Heigl Listed Her 25-Acre Utah Mountain Estate for $10.6 Million
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California, 92656, USA