FINANCEDSenior Housing
EPC Real Estate Group And Platform Ventures Secure $66.9M Refinance For Senior Housing Community
4210 Shawnee Mission Parkway
$66,900,000
Units
209
Asset Type
Senior Housing
Closing
Aug 18, 2026
AI
The Fieldston of Fairway is a 209-unit luxury active adult community located at 4210 Shawnee Mission Parkway in Fairway, Kansas. The property encompasses 5 acres and involved a refinancing transaction for a total of $66.9 million, replacing a previous construction loan of $50.5 million. The loan is structured with a term of five years.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $66,900,000
- Loan Type: Refinance
- Loan Terms: 5-year
- Landlord: EPC Real Estate Group; Platform Ventures
- Brokers: Mark Erland, Ellie Savage & Kevin Baron - JLL
The financing was arranged by JLL, which facilitated the refinancing for EPC Real Estate Group and Platform Ventures in connection with their 2025-built community. This transaction highlights the coordination between the landlords and brokers involved in the arrangement of the loan.
Players
Sullivan Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93