Huntington Beach Senior Housing Project Lands $252M Financing Package

• The Marisol senior housing project in Huntington Beach secured a $252.1 million construction financing package.
• The 214-unit assisted living and memory care community is planned for delivery in 2028.
• The deal comes as senior housing construction continues to slow nationwide despite rising occupancy rates.

What The Marisol Project Includes

A major senior housing development is moving forward in Huntington Beach after securing more than $252 million in financing amid growing demand for assisted living and memory care communities. The Marisol, planned at 2120 Main Street, will deliver a 214-unit senior living campus focused on assisted living and memory care residents. The project is being developed by Bloom Family Foundation alongside Development Management Associates and will be managed by Momentum Senior Living upon completion.

The Marisol Renderings

Inside the Financing Deal

The financing package was issued through the California Public Finance Authority and totals approximately $252.1 million. HJ Sims served as book-running manager, while JLL Securities acted as co-manager, and JLL Capital Markets advised on the transaction. The project will rise on a seven-acre site within the former Seacliff Office Park, replacing an aging office property as developers continue converting outdated commercial real estate into residential and healthcare-focused projects. Plans call for roughly 281,000 square feet of space featuring one- and two-bedroom residences, wellness amenities, dining venues, a movie theater, art studio, golf simulator, and accessible design features tailored for seniors.

Senior Living Amenity Rendering