A planned luxury senior housing community in Long Beach has received an $80 million tranche of financing. Sunrise Senior Living and Quality Senior Housing Foundation have secured the tax-exempt bond financing for Sunrise of Long Beach, Multi Housing News reported. JLL Capital Markets and HJ Sims arranged the deal through California Public Finance Authority Senior Living Revenue Bonds, according to Multi Housing News. The property, set to rise at 3340 North Los Coyotes Diagonal, is slated to include 86 units and is being developed by Sunrise Development with W.E. O’Neil Construction serving as general contractor and HIP Architecture designing the property. […]
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