CBRE National Senior Housing Refinancing Loan For Westmont Living Seniors Housing In Nipomo, CA

The seniors housing property located at 177 Mary Avenue in Nipomo, CA has recently undergone a refinancing loan transaction. The property comprises 97 units and spans across 4.2 acres. The deal involved a loan amount of $16,200,000 provided by CBRE National Senior Housing. The loan terms include a 10-year fixed-rate loan with five years of interest-only payments.

Summary of transaction details:

• Property Type: Seniors Housing
• Transaction Amount: $16,200,000
• Address: 177 Mary Avenue
• Market: Nipomo, CA
• Units: 97
• Acres: 4.2
• Lender: CBRE National Senior Housing
• Loan Type: Refinancing Loan
• Loan Terms: 10-year fixed-rate loan with five years of interest-only payments

The landlords of the property are Westmont Living, while the brokers involved in the deal are Aron Will, Adam Mincberg, Andrew Behrens, and Jesse Weber from CBRE.