Walton Street Capital Arranges $59.2M Loan For Watermark At Almaden Senior Housing In San Jose
4610 Almaden Expressway
Summary
Walton Street Capital has originated a $59.2 million loan for the refinancing of Watermark at Almaden, a 200-unit senior living community in San Jose. The property, developed by Alliance Residential and Affinius Capital, is located at 4610 Almaden Expressway. This transaction signifies confidence in the high-barrier market and showcases the partners' expertise in delivering a top-quality asset for the San Jose market.
Summary of transaction details
- Property Type: Senior Housing
- Transaction Amount: $59,200,000
- Address: 4610 Almaden Expressway
- Market: San Jose
- Loan Type: Refinance
- Lender: Walton Street Capital, L.L.C - Hilary Caudle
- Landlord: Alliance Residential & Affinius Capital
The successful refinancing of Watermark at Almaden was made possible by the involvement of key individuals and companies. Walton Street Capital, represented by Hilary Caudle, acted as the lender, providing the significant loan amount. Alliance Residential and Affinius Capital, as the developers and landlords, played a crucial role in creating and managing this senior living community in San Jose.
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