Wednesday, October 25, 2023

JLL Capital Markets led $28 million refinancing for The Landing at Augusta Woods in Spring, TX

 

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.

Zach Brantley 
 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.

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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