JLL Capital Markets announced it closed a seven-year, fixed-rate loan for $179.5 million with Fannie Mae on behalf of Brookdale Senior Living. Proceeds were used to refinance a seven-year tranche of a large credit facility that Brookdale closed with JLL and Fannie Mae in 2017.
The collateral consists of 47 total properties and 5,102 units that are geographically diversified among 14 states.