A joint venture between American Care Concepts and private investors refinanced its Queen Creek, Arizona community with the help of JLL Capital Markets. The firm arranged a $10.5 million refinancing for the newly constructed Countryside Living, a 40-unit assisted living and memory care community located just outside of Phoenix. Brad Miner, Alanna Ellis, Martin Mbeteni and Zach Brantley of JLL worked on behalf of the borrower to originate the 10-year, fixed-rate Fannie Mae loan. Also, the loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender.
