EBSC Lending Closes $31.8M Senior Living Construction in Macon.

MACON, GA — EBSC Lending has closed $31.8 million in construction financing for the development of a 104-unit senior living community located in Macon, Georgia. The financing supports a purpose-built campus designed to deliver assisted living, independent living, and memory care services within a single community.

Transaction Overview

The project will be developed as a three-story senior living community encompassing 55 assisted living units, 37 independent living units, and 20 memory care beds, providing a full continuum of care for residents. The community is designed to deliver both clinical support and hospitality-driven services, including transportation services, coordinated outings, a dedicated culinary team, community programming, and 24/7 care.

Planned amenities span both residential units and common areas. Community spaces will include a fitness center, dining room, theatre room, salon, pickleball courts, mini-golf course, art studio, and an outdoor fireplace. Residential units will feature vinyl flooring, granite countertops, ceiling fans, central air conditioning, walk-in closets, and private appliances, along with senior-focused safety features such as automatic shower temperature limit controls, interior corridor handrails, and emergency call systems in every unit.

The development is strategically located adjacent to Interstate 75, placing it within 10 miles of downtown Macon and in proximity to upscale shopping centers and affluent suburban neighborhoods, supporting both accessibility and long-term demand.

The transaction involved meaningful structuring complexity, including the integration of federal low-income housing tax credits, which are awarded through a highly competitive process. Commenting on the execution, the sponsor, a seasoned local owner-operator, stated, “This project overcame a lot of obstacles in the financing. One particularly challenging aspect of the transaction involved the percent federal low income housing tax credits, because they are awarded on a competitive basis and the competition can be rigorous. EBSC Lending has much experience with and knowledge of the tax credit application process. The team’s experience and perseverance really paid off in order to get us to the closing.”

EBSC Lending structured the construction financing to align with the project’s development timeline while addressing regulatory, tax-credit, and operational considerations unique to senior housing assets.

Market Context + What It Means

Senior housing demand continues to rise across secondary and tertiary U.S. markets as demographic trends drive growth in the aging population. Communities that integrate assisted living, independent living, and memory care within a single campus are increasingly favored for their operational efficiency and resident continuity of care.

Projects that incorporate affordable or tax-credit components require lenders with specialized experience navigating regulatory approvals, competitive credit allocations, and layered capital stacks. Private lenders with healthcare and senior housing expertise are essential to advancing these developments from concept to completion.

By closing $31.8 million in construction financing, EBSC Lending enabled the sponsor to move forward with a complex senior living development that expands care capacity and enhances housing options in the Macon market.

Frequently Asked Questions

What type of financing did EBSC Lending provide?

EBSC Lending provided $31.8 million in construction financing for a senior living community in Macon, Georgia.

What types of care will the community offer?

The project will include assisted living, independent living, and memory care, totaling 104 units and beds.

What makes this transaction complex?

The financing required coordination with federal low-income housing tax credits, which are awarded through a competitive application process.

What types of senior housing projects does EBSC Lending finance?

EBSC Lending finances construction, bridge, and transitional loans for senior living, assisted living, memory care, and healthcare-related real estate nationwide.

Related EBSC Lending Financing Programs

EBSC Lending provides flexible private capital solutions across the United States, including:

• Senior Housing & Healthcare Financing – Construction and transitional loans

• Construction Loans – Ground-up development financing

• Commercial Bridge Loans – Short-term capital for complex real estate assets