Bellwether Enterprise Real Estate Capital LLC (BWE) arranged acquisition financing for a portfolio of assisted living and memory care communities in California on behalf of an affiliate of Harrison Street Real Estate Capital. The portfolio consists of three communities: Oakmont of Agoura Hills, Oakmont of Lodi, and Oakmont of Silver Creek. They total 75 units, 90 units, and 94 units respectively, each with plentiful amenities.
Ryan Stoll and Taylor Mokris of BWE originated the loan through two regional banks to include a five-year, interest-only term. Huntington National Bank participated in the transaction. The communities will continue to be managed by Oakmont Management Group.
