**BWE Secures $308 Million to Refinance Senior Living Communities**
BWE has successfully arranged $308 million in refinancing for two premier senior living communities: The 501 at Mattison Estate in Upper Dublin Township, Ambler, Pennsylvania, and The Variel at Woodland Hills in Los Angeles, California.
The financing was secured on behalf of a joint venture between Columbia Pacific Advisors, LAMB Properties, and Harbert South Bay Partners. Ryan Stoll, BWE’s National Director of Seniors Housing and Care, alongside Taylor Mokris, Senior Vice President of Seniors Housing and Care, led the financing process. The duo utilized an exclusive competitive process to source the loan, which was ultimately funded by a major global lender making its first foray into the senior housing sector.
The 501 at Mattison Estate comprises 250 units designed for independent living, assisted living, and memory care. The facility spans more than 200,000 net rentable square feet and has significantly outperformed lease-up projections since opening in June 2022, achieving a current occupancy rate of 95%. The community is managed by Momentum Senior Living.
This strategic refinancing supports continued excellence in senior living and reflects growing investor confidence in the sector.
