JLL and HJ Sims secure $252.1M tax-exempt and taxable bond financing for Southern California seniors housing development

NEWPORT BEACH, Calif., May 18, 2026 – JLL and HJ Sims announced today that they have arranged $252.1 million in tax-exempt and taxable bond financing for the development of The Marisol, a planned 214-unit seniors housing community in Huntington Beach, California.

HJ Sims acted as lead book-running manager on the senior bonds and JLL Securities served as co-manager and led the process in securing the investor for the subordinate bonds. The fixed- and floating-rate financing was structured into Series A senior bonds and subordinate Series B and C bonds, and was issued through the California Public Finance Authority. The bonds were divided into three tranches: a Series A $165.7 million tranche, a Series B $74.3 million tranche and a Series C $12.1 million tranche.

JLL’s Senior Housing Capital Markets team, as real estate advisor, collaborated on the project

The Marisol is under construction and will be delivered in 2028.  The three-story building will offer residents a full amenity package. 

Located at 2120 Main Street, The Marisol is approximately 1.2 miles from the beach and immediately adjacent to a shopping center with grocery, retail and dining establishments, as well as City Hall and the high school. The property is convenient to the Pacific Coast Highway, the 405 Freeway and the John Wayne International Airport.  It also is about 35 miles southeast of Los Angeles.

As noted in JLL’s Senior Housing and Care Investor Survey and Trends Outlook, the slowdown in new seniors housing construction has created a supply-demand imbalance that is driving strong performance for existing and new properties in the sector.

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

HJ Sims is a specialized investment bank focused on providing unique capital structures for seniors housing and skilled nursing care providers. Since 1935, Sims has provided investment banking, wealth management, and institutional services, helping individual investors, organizations, municipalities and institutions realize their potential. Since underwriting the first senior living tax-exempt bond in 1965, Sims has provided over $35 billion in financing for senior living providers nationwide.

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Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.          

Founded in 1935, HJ Sims is a privately held investment bank and wealth management firm focused on delivering a broad spectrum of financial services to its clients. Sims is one of the nation’s oldest and most respected underwriters of tax-exempt bonds, with specific expertise in the senior living sector. For more information, please visit: hjsims.com

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities.. For further information, visit jll.com.