JLL locks in $38m loan for senior housing community in Orlando

JLL Capital Markets has secured a $37.8 million loan for a senior housing community in the Orlando suburb of ChampionsGate, Fla.

The real estate financing firm worked on behalf of the borrower, Fortress Investment Group, to close the four-year, floating-rate non-recourse loan through MidCap Financial Services.

The property is a luxury 223-unit senior living community that consists of one- and two-bedroom units ranging from 627 to 1,060 square feet. It also offers several amenities, including outdoor courtyards and patios, a swimming pool, movie theatre, activity room, fitness center, salon, bar and bistro and casual, main and private dining rooms.