Thursday, March 24, 2022

JLL Capital Markets leads the sales and financing efforts for Diamond Oaks Village in Bonita Springs, FL

Allison Holland

MIAMI, FL JLL Capital Markets has closed the sale and arranged financing for Diamond Oaks Village, a 160-unit, luxury, age-restricted (55+) senior living community in Bonita Springs, Florida.

 

JLL represented the seller, The United Group of Companies, Inc (“United Group”), in the sale to Castle Lanterra Properties.

 

 Diamond Oaks Village, Bonita Springs, FL


In addition, JLL worked on behalf of the buyer to secure the three-year, floating-rate loan with Square Mile Capital Management.

 

“Diamond Oaks Village is a best-in-class age-restricted seniors housing community that we developed in Bonita Springs,” said United Group President and CEO Michael Uccellini. 


Michael J. Uccellini

“There is nothing else like it in that market and it will continue to provide quality housing for the seniors of Bonita Springs.

 

"As a result of the broad efforts by JLL, we found a buyer in Castle Lanterra that is committed to providing exceptional seniors housing and lifestyle programming for the residents.

 

"Diamond Oaks is a very special seniors housing community with lots of vibrancy, great residents and great staff.”


Cody Tremper

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Directors Cody Tremper and Mike Garbers.

 

The JLL Capital Markets Debt Advisory team representing the borrower was led by Managing Director Allison Holland.


Mike Garbers

Completed in 2017, the property was developed by the United Group. The gated community includes a covered parking garage, fitness center, outdoor pool/spa, dog park, putting green and bistro, bar and pub. 


Diamond Oaks Village offers one- and two-bedroom units averaging 1,036 square feet.

 


Additionally, residents of the community are proximate to multiple shopping and dining centers, as well as 25 golf courses within 10 miles of the property.

 

 

CONTACT

 

 Cierra Lacasse

 JLL Associate

 Public Relations

Phone: +1 602 648 8701

Email:  Cierra Lacasse@am.jll.com

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