JLL Secures $28M Loan For The Landing At Augusta Woods Senior Housing

The Landing at Augusta Woods, a 148-unit senior housing community located at 7727 Augusta Pines Drive in Spring, Texas, has secured a $28 million senior mortgage. Harmony Communities, led by Mark Coleman, is the landlord of this property. The community is set to receive financing from a Life Insurance Company, which will be used to refinance an existing construction loan and support the expansion of the community. The Landing at Augusta Woods offers various living options and is poised to benefit from this new investment.

Summary of transaction details

• Property Type: Senior Housing
• Transaction Amount: $28,000,000
• Units: 148
• Market: Spring, Texas

The brokers involved in securing this loan are Alanna Ellis, Kyle White, Zach Brantley, and Zane Sweet from JLL. Their expertise in the senior housing market has played a crucial role in obtaining the necessary financing for The Landing at Augusta Woods. With their assistance, the community can continue to provide high-quality living options for seniors in the Spring area.