Greystone arranged $52.5 million in debt and equity financing for an active adult development in Gainesville, Florida. Developed by Discovery Senior Living, the 180-unit active adult community will be named Discovery Place at Celebration Pointe, which will feature outdoor gathering areas, restaurants, entertainment options, a high-tech theater and a full calendar of festivals and special events.
The community sits miles away from The University of Florida. Construction began in May 2022, and the community should open by early 2024. Cary Tremper and Matt Miller of Greystone originated the financing.
