 |
| Alanna Ellis |
ORLANDO, FL, Aug. 29, 2022 – JLL Capital Markets has arranged $37.75 million in financing for The Glades at ChampionsGates, a luxury 223-unit senior living community in the Orlando suburb of ChampionsGate, Florida.
 |
| Allison Holland |
The JLL Capital Markets team representing the
borrower was led by Director Alanna Ellis, Managing Director Allison
Holland with support from Associate Billy Lichtenstein and Analyst Zach
Brantley.
“We appreciated the opportunity to work with
Fortress on this important financing. JLL greatly values our firm-wide
relationships with Fortress and continued partnership in the growth of their
Seniors portfolio," said Ellis.%20Lichtenstein.jpg)
William A. (Billy)
Lichtenstein
"We
look forward to this community’s success as a great addition to Fortress’s
portfolio."
The Glades at ChampionsGates offers independent
living, assisted living and memory care units.
 |
| Zach Brantley |
The property consists of one- and two-bedroom units ranging from 627 to 1,060 square feet. Community amenities include outdoor courtyards and patios, a swimming pool, movie theater, activity room, fitness center, salon, bar and bistro and casual, main and private dining rooms.
The property is located at 8400 Champions Gate
Blvd. on 11.6 acres within the 1,500-acre master planned community of
ChampionsGate, which is home to the well-known Omni Resort, high-end golf
courses and numerous retail and dining venues.
The
Glades at ChampionsGates is situated roughly 20 miles southeast of the Orlando
CBD and 60 miles northeast of Tampa, in addition, Interstate 4 is less than
half a mile away providing access to the rest of the state.
 |
| The Glades at ChampionsGates, a luxury 223-unit senior living community in the Orlando suburb of ChampionsGate, FL |
The community benefits from the tremendous growth in population the Orlando MSA has seen in recent years, with a 5-6% annual growth rate projected through 2027 for all cohorts, along with 12.5% annual growth for the 75+ population.
Additionally, the area has seen an influx of businesses and
residents migrating from high cost of living markets seeking the low cost of
living and taxes Florida offers. The influx of wealthier adult children is a
prime demand driver of seniors in need of independent and assisted living.
Contact:
Cierra Lacasse
JLL Associate
Public Relations
Phone: +1 602 648 8701
Email: Cierra.Lacasse@am.jll.com
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