Newmark’s Senior Housing Team handled the sale of a seniors housing community in South Carolina. Built in 2021, New Haven at Little River features 154 independent living, assisted living and memory care units in Little River, South Carolina. Totaling 200,000 square feet, it has 89 IL, 44 AL and 19 MC units. No additional details were disclosed, QSL Management announced that it took over management on October 17 and renamed the community The Barclay at Little River.
Newmark’s Seniors Housing Team also secured a $140 million cash-out refinance through Freddie Mac for a seniors housing community in Atlanta, Georgia, called Corso Atlanta. Taking out the original construction loan, the package comprised a $109 million Freddie Mac loan and a $31 million preferred equity piece provided by Kayne Anderson Real Estate Debt.
