
Greystone Closes $30M for Senior Housing Construction in Holly Springs, NC
Greystone has placed $30.1 million in financing for the construction of a 159-unit active adult community in Holly Springs, NC. The transaction was handled by Greystone’s senior housing capital markets team on behalf of The Aspens at Holly Springs, LLC.
The land acquisition and construction financing were provided by a regional bank in the Southeast. The planned property will include 159 units in an active adult complex located on 7.8 acres in Wake County. Amenities at the property will include an outdoor swimming pool, modern lounge and bistro, activity room, fitness room and wellness center, movie theater, and multiple common areas and concierge services.
- ◦Financing