A joint venture between CA Ventures and an institutional equity partner is building a 206-unit senior living community in Beaverton, Oregon (Portland MSA) with construction financing arranged by CBRE National Senior Housing. Anthology of Beaverton will consist of 206 independent living, assisted living and memory care units near the Tanasbourne shopping district, which includes a Whole Foods, Starbucks, REI, and several other shopping and dining locations. Anthology Senior Living, CA Venture’s senior living platform, will operate it upon completion. The transaction also marked the beginning of Anthology’s strategic alliance with Formation Development Group, having contributed to the project as one of its GP investors. The two firms hope to partner and co-sponsor more development projects going forward.
Aron Will, Austin Sacco, and Matthew Kuronen CBRE National Senior Housing arranged a $49.7 million floating-rate loan with partial-term interest only through a national bank.
