JLL Capital Markets has successfully arranged $43.24 million in financing for Varenita of Westlake, an 86-unit assisted living and memory care community located in Thousand Oaks. The borrower, Westlake Senior Living Center LLC, was represented by Director Alanna Ellis and Associate Ace Sudah in securing the five-year loan from a regional bank.
This Class A community features 58 assisted living units and 28 memory care units spread across three stories with both surface and underground parking options. It offers a variety of one-bedroom units as well as studios and two-bedroom options.
Conveniently situated at 95 Duesenberg Drive, Varenita of Westlake is within walking distance to major retailers and less than four miles away from The Oaks shopping center which includes both open-air and enclosed shopping areas.
The article “Thousand Oaks Assisted Living Lands $43M Loan” was originally published on Connect CRE.
