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6945 Carlisle Court

Updated Jan 7, 2025

Senior Resource Group And Harbert Management Co. Refinance Naples Senior Housing With $76M Bridge Loan
FINANCEDSenior Housing

Senior Resource Group And Harbert Management Co. Refinance Naples Senior Housing With $76M Bridge Loan

6945 Carlisle Court

$76,000,000

Units

350

Asset Type

Senior Housing

Closing

Jan 2, 2025

About this deal

AI

The Carlisle Naples, located at 6945 Carlisle Court in Naples, is a senior housing asset featuring 350 units and spanning 18 acres. The property was refinanced with a bridge loan amounting to $76 million following a capital improvement plan. It was originally purchased for $101.5 million in 2021.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $76,000,000
  • Lender: Bellwether Enterprise (BWE)
  • Loan Type: Bridge
  • Loan Terms: Non-recourse, five-year term, floating rate, full-term interest-only payments
  • Landlord: Michael Grust - Senior Resource Group
  • Landlord: Raymond J. Harbert - Harbert Management Co.
  • Brokers: Ryan Stoll & Taylor Mokris - Bellwether Enterprise (BWE)

The refinancing of The Carlisle Naples involved key figures such as Michael Grust and Raymond J. Harbert, who are associated with the ownership group comprising Senior Resource Group and Harbert Management Co. The brokers facilitating the transaction were Ryan Stoll and Taylor Mokris from Bellwether Enterprise (BWE).

On the Map

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$76,000,000

Senior Housing

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Players

Ryan Stoll

Bellwether Enterprise (BWE)

Broker

$709.1M

vol

9 deals

Broker
Bellwether Enterprise (BWE)
Bellwether Enterprise (BWE)Lender
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Naples Senior Housing Market Snapshot

Boundary boundary · Senior Housing · Loan transactions

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Deal FAQ

About $217.1K per unit across 350 units on a published $76M (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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