$51.8m financing secured for seniors housing community in Albuquerque, N.M.
Transactions - JANUARY 13, 2023

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$51.8m financing secured for seniors housing community in Albuquerque, N.M.

by Released

Link Senior Development has plans to develop Ativo of Albuquerque, a three-story, 144-unit senior living community in Albuquerque, N.M.

JLL Capital Markets arranged $51.8 million in construction financing for the development.

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. The property also will feature numerous activities, including shuffleboard, bocce ball and pickleball courts and a five-hole mini-golf course. There also 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, Ativo of Albuquerque

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