Quality Senior Housing Foundation and Sunrise Senior Living secured $80.07 million in tax-exempt bond financing for a new Sunrise Senior Living community, Sunrise of Long Beach, a premium 86-apartment senior housing community located at 3340 North Los Coyotes Diagonal in Long Beach, Calif.
JLL’s Seniors Housing Capital Markets team, in collaboration with the bond underwriting teams of HJ Sims and JLL Securities, secured financing through California Public Finance Authority Senior Living Revenue Bonds, Series 2025A.
The two-story, 78,227-square-foot community will feature 62 assisted living and 24 memory care apartments across 102 licensed beds. Assisted living accommodations will include generously sized studio layouts with private bathrooms, kitchenettes with refrigerators and individually controlled HVAC systems, while memory care offerings will include both private studios and shared suites, thoughtfully designed to accommodate couples or roommate preferences.
