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Transactions - MAY 3, 2024

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Fortress, COGIR Senior Living secures financing for a 165-unit senior housing asset in Phoenix MSA

by Denise Moose

Funds managed by affiliates of Fortress Investment Group and COGIR Senior Living announced that it secured financing for Inspira Arrowhead, a newly constructed senior housing asset in Glendale, Ariz.

JLL worked on behalf of the borrowers.

Inspira Arrowhead is a 187,393-square-foot, class A senior housing community consisting of 165 senior housing units across three stories. Key building amenities include an outdoor pool deck, fire pit, a fitness center, lounge/living spaces, game room, theatre room, beauty salon, memory care areas, full-service dining options and more.

Inspira Arrowhead is located at 20240 N 78th Ave. in the center of the Northwest Valley.

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