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EBSC Lending Provides $23.7 Million to Refinance a 201-Unit Senior Living Community in Union City, Georgia.

EBSC Lending has provided $23.7 million to refinance a 201-unit senior living community located in Union City, Georgia, a southeastern suburb of Atlanta. The financing includes a three-year, fixed-rate loan that replaces the existing construction loan.




The senior housing community, completed in phases between 2016 and 2017, offers a resort-style environment with independent living, assisted living, and memory care services. The facility boasts a variety of amenities, including a movie theater, pickleball courts, a sports bar/restaurant, a convenience store, a pool and spa, a fitness center, as well as access to a country club and golf course. Unit options include studio, one-bedroom, and two-bedroom layouts. Independent living units range from 544 to 1,200 square feet, while assisted living units vary from 465 to 971 square feet. Memory care units are sized at 405 and 466 square feet.


"EBSC was patient, communicative, and flexible throughout the process, ensuring the refinance loan was well-suited to both the real estate and our business plan," said Steve, the sponsor. "Once again, their team delivered an optimal result."


"We worked together to create a solution that allows for renovation funds to cover exterior updates and improvements while deferring interior updates to a more favorable time," explained Martin of EBSC Lending. "Additionally, the financing structure includes a three-year term with extension options, offering the sponsor flexibility as they renovate units and execute their business plan. This investment reflects our confidence in the strength and potential of the Atlanta market and the strength of the Borrower."


EBSC Lending is a balance sheet lender that provides debt capital solutions covering the entire spectrum of real estate on a nationwide platform. EBSC Lending seeks opportunities in the $5 million to $100 million range and typically funds loans in 15 to 25 business days,  EBSC Lending works directly with real estate owners and mortgage professionals nationwide. EBSC has originated nearly $2 billion of loans since inception. The company’s headquarter is located at 18575 Jamboree Rd, Irvine, CA  92612.


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