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Focus Healthcare Partners acquires Florida senior housing community
Transactions - SEPTEMBER 20, 2024

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Focus Healthcare Partners acquires Florida senior housing community

by RELEASED

Focus Healthcare Partners has acquired and secured financing for Mariposa, a 313-unit senior housing community in Lake Worth, Fla.

JLL represented the seller and procured the buyer. In addition, JLL worked on behalf of Focus to secure the fixed-rate acquisition loan through Freddie Mac. The loan, which has a loan-to-value of 62 percent, will be serviced by JLL Real Estate Capital, a Freddie Mac Optigo Lender for senior housing loans. Arbor Senior Living is taking over operations of the community.

Completed in 2018, Mariposa is a Spanish-style community consisting of a three-story, “H-shaped” independent living and assisted living building as well as a single-story memory care building. The independent and assisted living facility offers residents restaurant-style dining, an outdoor heated swimming pool, a surround-sound movie theatre, an 80-seat auditorium, a gym, card room, barber and beauty salon, game room and library. Mariposa is currently 95 percent leased and

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