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| Alanna Ellis |
ORANGE COUNTY, CA, Oct. 25, 2023 -- JLL Capital Markets announced today that it arranged a $28 million senior mortgage for The Landing at Augusta Woods, a 148-unit senior housing community in Spring, Texas.
Zane Sweet
JLL represented, Harmony Communities, to secure the four-year, fixed to floating rate loan from a Life Insurance Company to refinance an existing construction loan and fund additional expansion of the community.
The JLL Capital Markets Debt Advisory team was led by
Senior Director Zane Sweet, Director Alanna Ellis and, Analysts Zach
Brantley and Kyle White
The community is comprised of a 120-unit
apartment-style complex that provides independent living, assisted living and
memory care, and 28 to-be-built independent living duplex-style cottage units.
The luxurious
country club style facility is designed to immerse residents into an engaging
community with resort-style amenities and best-in-class care services.
Zach Brantley
Spring, Texas is located just outside of The Woodlands, which is one of the nation’s premier master planned communities.
It offers a unique blend of an urban neighborhood with suburban conveniences, which include prestigious residential communities and amenities.
Situated on 28,000 acres,
The Woodlands is located just 27 miles north of the Houston CBD and 15 minutes
to the north of the George Bush Intercontinental Airport.
CONTACT:
Alli Semans
PR,
Hotels & Hospitality, Capital Markets
JLL
M +1 330 329
6750
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