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BWE Secures $47M for Refinancing Richmond Senior Living Community

BWE Secures $47M for Refinancing Richmond Senior Living Community

BWE, a leading financial services company, has successfully secured $47 million to refinance Discovery Village at the West End in Richmond, VA. The senior living community consists of 219 units and was refinanced on behalf of a private equity investor by BWE’s Ryan Stoll and Taylor Mokris.

According to Stoll, there was significant interest from various capital sources for this financing opportunity due to the strong sponsorship and exceptional market positioning of the community. He also praised Discovery Senior Living for their diligent management.

At 93% occupancy during refinancing, Discovery Village at the West End offers top-notch amenities such as gourmet dining options, a wellness center, and even a movie theater. This successful refinance is another testament to BWE’s expertise in securing funding for high-quality properties like this one.

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