Cushman & Wakefield Secures $40 Million Loan For Seascape At Naples Senior Housing

The property asset involved is Seascape at Naples, a senior living community with 196 units located at 3490 Thrive Dr in Naples. The property was recapitalized through an all-cash equity deal valued at $40,000,000.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $40,000,000
• Landlord: Distinctive Healthcare
• Market: Naples
• Loan Type: Recapitalization
• Units: 196

The deal was brokered by a team from Cushman & Wakefield, which included John Alascio, Aaron Graves, Jason Blankfein, and Jason Skalko. Additionally, David Young from Greystone was involved in the transaction, representing Distinctive Healthcare.