News Release:JLL arranges $276M refinancing for two Newport Beach seniors communities

Vivante Newport Center and Newport Mesa offer 395 units of independent living, assisted living and memory care close to Hoag Hospital Newport Beach

NEWPORT BEACH, Calif., Oct. 2, 2026 –  JLL Capital Markets announced today that it has arranged $276 million in refinancing for Vivante Newport Center and Vivante Newport Mesa, a two-property seniors housing portfolio in the Newport Beach, California metro area.

Vivante Newport Center

JLL worked on behalf of the borrower, an affiliate of Nexus Development, to secure two uncrossed loans for the portfolio. A $140 million loan was arranged for Newport Center through a national bank and a $136 million agency financing was arranged for Newport Mesa. The Newport Center financing is one of the largest loans per unit in the seniors housing industry’s history.

Vivante Newport Center was built in 2022 and is a luxury six-story community offering 99 units of independent living, assisted living and memory care units. The property offers a five-star hospitality experience with resort-style amenities, including The Piazza outdoor deck with a wood-fired pizza oven and cabanas, Provence Restaurant, The Nightcap Cocktail Bar, Café Gourmand, the Vitality Fitness Center and The Springs indoor pool. Additional amenities include a theater, bowling alley and golf simulator. The property is located on San Clemente Drive, adjacent to the Fashion Island retail district and just minutes from Hoag Hospital Newport Beach, a key regional medical provider.

Vivante Newport Mesa opened in two phases in 2013 and 2020 and offers 296 units of independent living, assisted living and memory care. The 6.81-acre campus consists of one three-story building and one four-story building with an array of community amenities. The property is positioned along Monrovia Ave. close to the Costa Mesa Freeway, retail offerings at South Coast Plaza and medical services at Hoag Hospital Newport Beach.

JLL’s Debt Advisory team representing the borrower was led by Senior Managing Director, Greg Brown and assisted by Senior Managing Director Aaron Rosenzweig.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

Jones Lang LaSalle Americas, Inc. (“JLL”) is a real estate broker licensed with the California Department of Real Estate, license #01223413.          

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About JLL

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

About Nexus Development

Nexus Development is a full-service real estate development firm with offices in Santa Ana, California, Phoenix, Arizona, and Dallas, Texas. Founded in 1981, Nexus has established an exceptional track record as one of the most versatile and successful privately held developers in the Western United States.

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