$248.9M refinancing arranged for 5,027-unit seniors housing portfolio
Authors
Kristen Murphy
DALLAS, Aug. 12, 2026 – JLL Capital Markets announced today that it has arranged a $248.9 million refinancing for a 5,027-unit seniors housing portfolio spanning 45 properties and 14 states.
JLL worked on behalf of the borrower, Brookdale Senior Living (Brookdale), to secure the five-year, fixed-rate loan through Fannie Mae. Loan proceeds refinanced one tranche of a three-tranche credit facility that
JLL arranged between Brookdale and Fannie Mae in 2017.
The portfolio consists of 45 communities offering various combinations of independent living, assisted living and memory care, and several full continuum rental continuing care communities that offer independent living, assisted living, memory care and skilled nursing. The portfolio spans major markets, including Phoenix, Los Angeles, San Francisco, Denver, Charlotte, Houston, Dallas, and Ft. Meyers, among others.
Portfolio occupancy has shown consistent improvement and strong operational performance, reflecting strategic management initiatives implemented across the portfolio.
The JLL Seniors Housing Capital Markets team representing the borrower was led by Managing Director Allison Holland, Associate Alex Sheaffer and Analyst William Roberts.
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, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
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About JLL
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 112,000 as of June 30, 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.