Aron Will of CBRE National Senior Housing arranged a trifecta of acquisition financings totaling approximately $50 million. All three loans were floating rate bridge loans with five-year terms and between 24 and 30 months of interest only.

The first was a $14.5 million loan provided by a regional bank for Capitol Seniors Housing to acquire a brand new 92-unit assisted living/memory care community in Tampa, Florida.

Next, Mr. Will secured a $21 million loan with an “all-in” interest rate of approximately 2.35% for a joint venture between Sentio Healthcare Properties and Senior Living Residences to purchase a 122-unit/141-bed rental CCRC in Westfield, Massachusetts. The loan was provided by a regional bank.

Finally, working with Andrew Behrens, Vice Chairman of CBRE Multifamily Institutional Group, Mr. Will arranged a $14.5 million loan with a a $3.5 million earn-out feature for DiNapoli Capital Partners, a real estate investment firm, to acquire an 86-unit assisted living/memory care community in Roseville, California. After a strong first quarter of 2015, Mr. Will shows no signs of slowing down.