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IRA Capital Receives $58M in Financing for Quail Park of Lynnwood Seniors Housing Property in Washington

Summary by REBusinessOnline

LYNNWOOD, WASH. — IRA Capital has received $58 million in financing for Quail Park of Lynnwood, a 253-unit seniors housing community located at 4015 164th St. in Lynnwood. Alanna Ellis, John Chun and Zach Brantley of JLL Capital Markets Seniors Housing team placed the three-year, floating-rate senior loan with a regional bank. Additionally, Dean Ferris of JLL handled the sale of the property to IRA Capital in June 2024. Built in two phases in 20…

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$58M Financing Secured for Lynnwood Senior Housing

JLL has arranged $58 million in financing for Quail Park of Lynnwood, a 253-unit senior housing community in Lynnwood, Washington. Working on behalf of the borrower, IRA Capital, JLL placed the three-year, floating-rate senior loan with a regional bank. JLL also sold the property to IRA Capital in June 2024. The JLL Capital Markets Seniors Housing team representing the borrower was led by Senior Director Alanna Ellis, Senior Managing Director Jo…

3 days ago

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