Traded: New Jersey’s Post

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LOAN Learn More: https://lnkd.in/eUpyfWTn IMAGE: Brian Lawrence DATE: 07/16/2024 ADDRESS: 1 Applewood Drive MARKET: Freehold ASSET TYPE: Senior Housing ~ UNITS: 408 ~ ACRES: 44 LANDLORD: Brian G. Lawrence - FellowshipLIFE BROKER: Ziegler LOAN AMOUNT: $42,500,000 LOAN TYPE: Acquisition Loan NOTE: Ziegler secured $42.5 million in bond financing for the acquisition of Applewood, a continuing care retirement community in Freehold, New Jersey. The facility spans 44 acres and includes 300 independent living units, 37 assisted living units, 11 memory care units, and 60 skilled nursing units, financed through a combination of tax-exempt and taxable debt. #NewJersey #RealEstate #TradedNJ #Freehold #SeniorHousing #BrianGLawrence #FellowshipLIFE #Ziegler

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