The asset involved in this transaction is a senior housing portfolio comprising six properties with a total of 817 units located in Florida. The loan amount issued for this portfolio refinancing is $154,500,000, representing a significant financial commitment in the senior housing market.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $154,500,000
• Lender: Michael A. Weinstock - Monarch Alternative Capital
• Landlord: Joseph Griffin - Marathon Asset Management; Dale Watchowski - REDICO
• Brokers: Adam Mincberg & Aron Will - CBRE
• Loan Type: Refinance
• Units: 817
• Market: Florida

The financing arrangement for this transaction was facilitated by CBRE, with brokers Aron Will and Adam Mincberg playing key roles. Marathon Asset Management, under the leadership of Joseph Griffin, supported the joint venture that includes Monarch Alternative Capital and REDICO as equity owner and manager of the properties.