Wednesday, September 20, 2023

JLL Capital Markets leads $43 million financing efforts for Varenita of Westlake, an 86-unit assisted living and memory care community in Thousand Oaks, CA

 

 Alanna Ellis

 SEATTLE, WA, Sept. 20, 2023–  JLL Capital Markets announced today that it arranged $43.24 million in financing for Varenita of Westlake, an 86-unit assisted living and memory care community in Thousand Oaks, CA

 

 JLL represented the borrower, Westlake Senior Living, Center, LLC, to secure the five-year loan from a regional bank.


Ace Sudah.

The JLL team was led by Director Alanna Ellis and Associate Ace Sudah.

The Class A community consists of 58 assisted living units and 28 memory care units across three stories with surface and underground parking. The community features a mix of predominantly one-bedroom units, with studios and two-bedroom units.

The community features a selection of on-site community amenities including designated dining rooms, a bistro, art room, a spa and salon. It also boasts a movie theatre, laundry facility, fitness center with physical and occupational therapy, wellness center, outdoor patios and walking paths.


Located at 95 Duesenberg Dr., Varenita of Westlake is  within walking distance of some of the nation’s largest retailers and less than four miles from The Oaks, an open-air and enclosed shopping center.

For more news, videos and research resources, please visit JLL’s newsroom.

 

 Contact:

           

Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com

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