On behalf of Harrison Street and Belmont Village Senior Living, CBRE arranged a refinancing for two Class-A, well-located and irreplaceable senior housing communities: Belmont Village Senior Living Albany and Belmont Village Senior Living Calabasas. Aron Will, Vice Chairman of CBRE National Senior Housing, and Matt Kuronen, Vice President of CBRE National Senior Housing, arranged the financing through a syndication between national and regional banks.
Belmont Village Albany is minutes from the center of UC Berkeley and was built in affiliation with the university as part of a 6.2-acre mixed-use development on university land that incorporates retail and grocery, wetlands conservation, bike paths and a new bus stop. That community consists of 175 fully licensed independent living, assisted living and memory care units in four stories.
Belmont Village Calabasas is in the northwest Santa Monica Mountains between Woodland Hills, Agoura Hills, West Hills, Hidden Hills and Malibu, California. It consists of 140 fully licensed assisted living and memory care units across three stories.