EBSC Lending Provides $23.7M Refi for 201-Unit Senior Living.

UNION CITY, GA — EBSC Lending has provided $23.7 million in refinancing for a 201-unit senior living community located in Union City, Georgia, a southeastern suburb of Atlanta. The financing replaces the project’s existing construction loan and supports continued stabilization and improvement of the property.

Transaction Overview

The refinancing was structured as a three-year, fixed-rate loan, providing long-term certainty and predictable debt service for the sponsor as the community continues to mature operationally. The senior living campus was developed in phases between 2016 and 2017 and offers a resort-style environment across independent living, assisted living, and memory care services.

Amenities at the community include a movie theater, pickleball courts, sports bar and restaurant, convenience store, pool and spa, fitness center, and access to a nearby country club and golf course. Residential unit options include studio, one-bedroom, and two-bedroom layouts, with independent living units ranging from 544 to 1,200 square feet, assisted living units from 465 to 971 square feet, and memory care units sized at 405 and 466 square feet.

Commenting on the execution, the sponsor, Steve, stated, “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. Once again, their team delivered an optimal result.”

From the lender’s perspective, Martin Alex of EBSC Lending explained, “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. 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.”

The refinance structure was designed to support ongoing asset enhancements while preserving flexibility as the sponsor executes phased upgrades and operational initiatives.

Market Context + What It Means

Senior living communities in the greater Atlanta metro area continue to benefit from strong demographic tailwinds, driven by population growth and increasing demand for age-restricted housing that combines lifestyle amenities with care services.

Refinancing stabilized senior housing assets allows owners to replace higher-cost construction debt, fund targeted improvements, and create operational runway during renovation and repositioning phases. Fixed-rate structures with extension flexibility are particularly valuable in managing interest-rate exposure while preserving optionality.

By providing $23.7 million in refinancing, EBSC Lending enabled the sponsor to optimize the property’s capital structure, advance exterior improvements, and position the community for long-term stability in a growing suburban Atlanta market.

Frequently Asked Questions

What type of financing did EBSC Lending provide?

EBSC Lending provided a $23.7 million fixed-rate refinance loan for a senior living community in Union City, Georgia.

What services does the community offer?

The property includes independent living, assisted living, and memory care within a resort-style senior housing campus.

How is the loan structured?

The loan carries a three-year fixed-rate term, with extension options, and replaces the original construction financing.

What types of senior housing assets does EBSC Lending finance?

EBSC Lending finances assisted living, independent living, memory care, and other healthcare-oriented real estate through construction, bridge, and refinance solutions nationwide.

Related EBSC Lending Financing Programs

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

• Senior Housing & Healthcare Financing – Refinance and transitional loans

• Commercial Bridge Loans – Short-term capital for transitional assets

• Structured & Fixed-Rate Loans – Customized solutions for stabilized properties