JLL closes sale and financing of The Reserve at North Dallas
United States, Dec. 2 -- JLL Capital Markets announced that it has completed the sale and financing of The Reserve at North Dallas, a 273-unit seniors housing community in Dallas, Texas.JLL's Seniors Housing Capital Markets team represented the seller and procured the buyer, Unbridled Living. JLL also placed the acquisition loan with Arrowmark Partners with a three-year term and two 12-month extension options. Unbridled Living will take over management of the property.The Reserve at North Dallas is a three-story building offering 247 independent living and 26 assisted living units, primarily in one- and two-bedroom configurations. Community amenities include all-day dining, a bistro option, game room, wellness center, hair salon, library, m...
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