FINANCED
Manor Lake Development LLC Refinances Senior Housing In Gainesville, Georgia For $18.5M
2900 McEver Road
Other
282,269 SF
282,269 SF
Financed 1 year ago
Summary
Loan
GEORGIA
Other
282,269 sqft
Manor Lake Development LLC has refinanced their senior housing property located at 2900 McEver Rd in Gainesville, Georgia. The property consists of 88 units and was refinanced for an amount of $18,500,000. The loan obtained is a non-recourse, floating-rate loan.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $18,500,000
- Address: 2900 McEver Rd, Gainesville, Georgia
- Market: Gainesville, Georgia
- Units: 88
The refinancing of the senior housing property at 2900 McEver Rd was facilitated by Joel Mendes and Trent Niederberger from JLL Capital Markets. They represented Manor Lake Development LLC in the transaction.
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: Trent Niederberger & Joel Mendes
DATE: 12/02/2021
ADDRESS: 2900 McEver Rd
MARKET: Gainesville, Georgia
ASSET TYPE: Senior Housing ~ UNITS: 88
LANDLORD: Manor Lake Development LLC
BROKERS: Joel Mendes & Trent Niederberger - JLL Capital Markets
LOAN AMOUNT: $18,500,000
LOAN TYPE: Refinancing
LOAN TERMS: non-recourse, floating-rate loanView on map
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Address2900 McEver Road
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