Publications

Transactions - JANUARY 13, 2023

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

$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

Forgot your username or password?