Location: Marietta, GA
Loan Amount: $14,050,000
Loan to Cost: 80%
Loan Type: ConstructionRecourse
Arriba Capital successfully closed a $14.05mm construction to perm loan for an Assisted living and memory care facility in Marietta GA. The loan was sized to 80% LTC and priced in the low 3's.
The sponsorship is an experienced senior housing operator with locations throughout the Southeast.