BWE Secures $47 Million Refinance Loan For 219-Unit Senior Housing In Henrico VA

The transaction involves a refinance loan secured for Discovery Village at the West End, which is located at 9801 Harmony Woods Way & 2422 University Boulevard in Henrico, VA. This senior housing asset consists of 219 units, providing independent living, assisted living, and memory care services. At the time of financing, the facility reported a 93% occupancy rate and includes various amenities such as a wellness center and a movie theater.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $47,000,000
• Loan Type: Refinance
• Broker Representatives: Ryan Stoll & Taylor Mokris - Bellwether Enterprise (BWE)
• Market: Henrico, VA
• Units: 219

The refinance deal was facilitated by the brokerage firm Bellwether Enterprise, known for its expertise in securing financing for commercial properties. The representatives involved in this transaction were Ryan Stoll and Taylor Mokris, who played key roles in orchestrating the refinance of this senior living community.