Sunday, January 15, 2023

JLL Capital Markets arranges $52 million construction financing for the 144-unit Ativo seniors housing community in Albuquerque NM

 

Alanna Ellis

 SEATTLE, WA – JLL Capital Markets has arranged $51.8 million in construction financing for the development of Ativo of Albuquerque, a three-story, 144-unit senior living community in Albuquerque, New Mexico.

 

JLL represented the borrower, Link Senior Development, LLC in securing the financing.

 

The JLL Capital Markets Debt Advisory team was led by Director Alanna Ellis.

  

Once completed, Ativo of Albuquerque will offer 144 units in a mix of independent living, assisted living and memory care units ranging from studio to two-bedroom units.

 

 Community amenities will include a grand entry, two-story dining room, private dining for special events, a variety of dining options, billiards room, salon, theater room with in-theater dining and card room.


Ativo of Albuquerque, a three-story, 144-unit senior living community in Albuquerque, NM


Furthermore, the property will feature numerous activities, including shuffleboard, bocce ball and pickleball courts and a five-hole mini golf course.


 Additionally, there will be a second-story club room with a large outdoor patio, pet park, fitness center, outside grills with fire pits and facility town car.

 

Situated on 6.5 acres at 4500 Quacker Heights Place NW, Altivo of Albuquerque will be adjacent to a new ambulatory urgent care center and a medical office building.

 

The community will benefit from the nearby Rio Grande River and Recreation Area, which offers an expansive network of walking trails and various parks along with the Petroglyph National Monument and an 18-hole golf course.

 

For more news, videos and research resources on JLL, please visit our newsroom.

 

CONTACT:

 Cierra Lacasse

PR, Hotels & Hospitality, Capital Markets

JLL

T +1 602 648 8701

M +1 408 318 8021

JLL.com

 

LinkSeniorDevelopment.com.

 

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