JLL Capital Markets arranged financing for The Glades at ChampionsGate on behalf of Fortress Investment Group. The senior living community comprises 233 units of independent living, assisted living and memory care in the greater Orlando, Florida area. Fortress obtained a four-year, floating-rate non-recourse loan through MidCap Financial Services. Alanna Ellis, Allison Holland, Billy Lichtenstein and Zach Brantley of JLL Capital Markets worked on behalf of the borrower to close the transaction.
The property consists of one- and two-bedroom units ranging from 627 to 1,060 square feet. Community amenities include outdoor courtyards and patios, a swimming pool, movie theater, activity room, fitness center, salon, bar and bistro and casual, main and private dining rooms.
