DALLAS, Dec. 1, 2025 – JLL Capital Markets announced today that it has completed the sale and financing of The Reserve at North Dallas, a 273-unit seniors housing community in Dallas, Texas.
JLL’s Seniors Housing Capital Markets team represented the seller and procured the buyer, Unbridled Living. JLL also placed the acquisition loan with Arrowmark Partners with a three-year term and two 12-month extension options. Unbridled Living will take over management of the property.
The Reserve at North Dallas is a three-story building offering 247 independent living and 26 assisted living units, primarily in one- and two-bedroom configurations. Community amenities include all-day dining, a bistro option, game room, wellness center, hair salon, library, media room, resident lounge and a putting green. The Reserve at North Dallas was built in 2000.
Located on a seven-acre site at 12271 Coit Rd., The Reserve at North Dallas is situated in a densely populated, highly amenitized area of north Dallas. The property has convenient access to major thoroughfares and benefits from a five-mile demographic profile of more than 94,000 residents aged 65 and older.
JLL’s Seniors Housing Capital Markets team representing the seller was led by Senior Managing Directors Jay Wagner, Rick Swartz and Aaron Rosenzweig and Senior Directors Jim Dooley and Dan Baker.
JLL’s Seniors Housing Debt Advisory team that placed the financing was led by Allison Holland.
“The Reserve at North Dallas presented an attractive value-add investment opportunity with recent proven occupancy gains during the last year from a dense, affluent population offering continued demand,” said Wagner.
JLL Capital Markets 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.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. 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 WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Unbridled Living
Unbridled Living provides investment opportunities to meet the middle-market demand for retirement living. Our communities are tailored to the convenience, lifestyle, and amenities for our residents. A place to Live Unbridled! For more information, please visit: www.unbridledliv.com.