JLL and HJ Sims secure $473M tax-exempt and taxable bond financing to facilitate California seniors housing rental development
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JLL and HJ Sims have secured $473 million in bond financing for The James, a luxury senior housing development in Irvine, California. This is the largest tax-exempt senior living financing of the year and the largest non-profit single-site senior living bond issue in history.
December 02, 2024 | 2:45 pm
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JLL's Capital Markets group has successfully arranged a $473 million bond financing for a major senior housing project in California, marking a significant achievement in the senior living sector.
The successful arrangement of a large bond financing deal by JLL's Capital Markets group highlights their strong position and capability in the real estate financing sector. This could positively impact JLL's reputation and business prospects, potentially leading to a positive short-term impact on their stock price.
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