Trez Capital Provides $48M Construction Loan For Senior Housing In Sarasota

Located at 3415 Broadway Avenue in Sarasota, this senior housing property was involved in a recent closed transaction. The deal was facilitated by Trez Capital, represented by Scott Mehlman and Brett Forman. The loan amount for this construction project was $48,000,000, and the property spans across 6 acres with a total of 183 units. US Senior LLC acts as the landlord for this asset in the Sarasota market.

Summary of transaction details

• Property Type: Senior Housing
• Transaction Amount: $48,000,000
• Address: 3415 Broadway Avenue, Sarasota
• Market: Sarasota
• Loan Type: Construction
• Units: 183
• Acres: 6

In addition to the key details of the transaction, Scott Mehlman and Brett Forman from Trez Capital played crucial roles as the lender representatives. Their expertise and involvement contributed to the successful completion of the deal.