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Greystone’s $53M to Deliver Experiential Senior Living Community to Gainesville
Greystone has placed a total of $52.6 million in debt and equity construction financing for a 180-unit senior housing community in Gainesville, FL.
The transaction was originated by Cary Tremper and Matt Miller of Greystone on behalf of Discovery Senior Living. “As our clients continue to address the evolving needs and desires for our senior population today, we strive to creatively help solve their capital needs,” said Miller.
The goal of Discovery Place at Celebration Pointe is to create a fully customized and immersive senior living experience that leverages technology, broader community infrastructure and select on-site amenities to enhance the optionality and choice of the resident while lowering the overall price point, reducing common space economic inefficiencies and minimizing labor force exposure — without losing a sense of community, socialization and care.
- ◦Development
- ◦Financing