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Washington DC & Mid-Atlantic  + Philadelphia  + Senior Housing  |  April 4, 2025
Jasmine Kilman
By: Jasmine Kilman

BWE Secures $308M to Refi Senior Living Communities

BWE has arranged $308 million to refinance two trophy senior living communities.

The refinancing was secured for The 501 at Mattison Estate located in Upper Dublin Township, Ambler, Pennsylvania and The Variel at Woodland Hills in Los Angeles, California. The financing was arranged on behalf of a joint venture between Columbia Pacific Advisors, LAMB Properties and Harbert South Bay Partners.

Ryan Stoll, National Director of Seniors Housing and Care at BWE and Taylor Mokris, Senior Vice President of Seniors Housing and Care, arranged the financing through an exclusive competitive process. The loan was ultimately provided by a large global lender, marking its entry into senior housing.

The 501 at Mattison Estate is a 250-unit independent living, assisted living, and memory care community spanning over 200,000 net rentable square feet. The property opened in June 2022 and has exceeded lease-up expectations, reaching 95% and is operated by Momentum Senior Living.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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