SEATTLE, May 1, 2024 -  JLL Capital Markets announced today that it arranged financing for Inspira Arrowhead, a newly constructed senior housing asset in Glendale, Arizona.

JLL worked on behalf of the borrowers, funds managed by affiliates of Fortress Investment Group LLC ("Fortress"), and COGIR Senior Living, collectively.

Inspira Arrowhead is a 187,393-square-foot, Class A senior housing community consisting of 165 senior housing units across three stories. Key building amenities include an outdoor pool deck, fire pit, a fitness center, lounge/living spaces, game room, theatre room, beauty salon, memory care areas, full-service dining options and more.

Inspira Arrowhead is located at 20240 N 78th Ave. in the epicenter of the Northwest Valley's robust healthcare offerings. Greater Phoenix has become a healthcare stronghold propelled by demand of its in-migrating populations, aging demographic, and accessibility to a roster of prestigious, valley-wide medical centers. The Northwest Valley offers Inspira Arrowhead residents abundant, generation-spanning healthcare resources as well as a durable economic foundation supported by more than 17,100 medical professionals within a seven-mile radius. The Northwest Valley's aging population, coupled with the ongoing demands of the Phoenix MSA, have been a catalyst for the region's continual flow of capital investments toward new healthcare opportunities and medical center growth directly supplying Inspira Arrowhead's resident base well into the future.

The JLL Capital Markets team was led by Senior Director Alanna Ellis and Associate Alex Sheaffer.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL's newsroom.

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Jones Lang LaSalle Inc. published this content on 01 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2024 11:52:33 UTC.