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

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).