The Newmark Seniors Housing Team handled a $180 million construction financing and equity raise for Nexus Development’s newest community, Vivante at Turtle Creek. Financing was secured through Beal Bank, and the equity was raised from private investors in multiple states, including Texas and California.
The seniors housing community will feature 164 assisted living and 29 memory care units on a 1.37-acre plot in Dallas, Texas. The Class-A asset will stand 20 stories tall, and is slated for 2027 completion. The architect is HKS Inc. and the general contractor is ANDRES Construction Services.
