Escondido, CA – January 18, 2023 – Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to certain ownership affiliates of Kisco Senior Living (“Kisco”) to arrange the $51 million refinancing of Cypress Court in Escondido, California; Villa de San Antonio in San Antonio, Texas; and Heritage Woods in Winston-Salem, North Carolina. The refinance proceeds from a national bank are retiring existing debt.
Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Dan Baker and Sam Dylag represented the borrower in the transaction.
“Kisco has been an excellent long-term owner of these communities,” said Rosenzweig. “Through their stewardship, they are able to provide a high-quality senior living option to residents and their families. We’re pleased to have worked with Kisco successfully again and arranged a new lending relationship for them.”
Photos of each community can be downloaded here.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
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