Link to Develop Albuquerque $51.8M Senior Living Community
Link Senior Development LLC has secured $51.8 million in financing for the construction of Ativo of Albuquerque, a 144-unit senior living community in Albuquerque, N.M. A JLL Capital Markets Debt Advisory team led by Alanna Ellis arranged the financing.
Ativo of Albuquerque will be a three-story building encompassing 75 assisted living and 47 independent living units, as well as 26 memory care beds. The community is set to also offer transportation services, coordinated outings, a culinary team, community activities and 24/7 care.
Common-area amenities are slated to include a fitness center, a dining room, a theatre room, a salon, pickleball courts, a mini-golf course, an art studio and an outdoor fireplace.
The 6.5-acre site, Ativo of Albuquerque will rise next to a new ambulatory urgent care center and a medical office building. There’s a variety of green areas and walking trails in the proximity, such as Petroglyph National Monument, Rinconada Canyon Trail and Rio Grande Nature Center Park.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.