JLL Arranges Sale and Financing of The Phoenix at Braselton Seniors Housing Community
Jones Lang LaSalle Incorporated JLL | 305.75 300.00 | +0.47% -1.88% Pre |
Jones Lang LaSalle Inc. (JLL) has arranged the sale and financing of The Phoenix at Braselton, a 162-unit seniors housing community in Hoschton, Georgia. JLL represented the seller, Phoenix Senior Living, and secured a buyer, an affiliate of GEM Realty Capital. Additionally, JLL helped GEM obtain a three-year, floating-rate acquisition loan, which includes funding for the planned addition of 14 independent living cottage units.
