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Atlanta & Southeast  + Southeast  + Senior Housing  |  December 22, 2021
The Aspens at Holly Springs senior living in Holly Springs, NC
By: Lisa McDuffie

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.

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Greystone

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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