JLL Capital Markets arranged $43.24 million in financing for Varenita of Westlake, an 86-unit assisted living and memory care community in Thousand Oaks. Director Alanna Ellis and associate Ace Sudah represented the borrower, Westlake Senior Living, Center, LLC, to secure the five-year loan from a regional bank.
The Class A community consists of 58 assisted living units and 28 memory care units across three stories with surface and underground parking. It features a mix of predominantly one-bedroom units, with studios and two-bedroom units.
Located at 95 Duesenberg Dr., Varenita of Westlake is located within walking distance of some of the nation’s largest retailers and less than four miles from The Oaks, an open-air and enclosed shopping center.
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with Connect Healthcare Real Estate on Sept. 27 and 28. Click here to register for Connect Orange County, and here to register for Connect Healthcare Real Estate.
