{"id":17484,"date":"2026-02-08T16:13:29","date_gmt":"2026-02-08T22:13:29","guid":{"rendered":"https:\/\/1reason.com\/re\/grea-philadelphia-arranges-44200000-construction-loan-for-senior-living-development-in-west-chester-pa\/17484\/"},"modified":"2026-02-09T10:13:29","modified_gmt":"2026-02-09T16:13:29","slug":"grea-philadelphia-arranges-44200000-construction-loan-for-senior-living-development-in-west-chester-pa","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/grea-philadelphia-arranges-44200000-construction-loan-for-senior-living-development-in-west-chester-pa\/17484\/","title":{"rendered":"GREA Philadelphia Arranges $44,200,000 Construction Loan for Senior Living Development in West Chester, PA"},"content":{"rendered":"
The project will be the first senior living asset to be delivered in the market in a decade. <\/p>\n

The terms of the loan included 65% loan-to-cost, 50% loan-to-value, an interest rate of SOFR +350, full-term interest only repayment, and a 4-year term (3 years with 1 year extension).<\/p>\n

George Johnson of GREA stated: \u201cThe debt and equity markets were extremely challenging for senior living projects post-covid. We strongly believed in the fundamentals of this project which were compelling – the location, a strong developer-operator and favorable market demographics.<\/p>\n

Those factors were all considered by our lender who delivered a very strong construction loan option. We are very pleased to have played a role in what will surely be a high quality and highly successful project.\u201d<\/p>\n

\"943HIGH\"<\/p>\n

About GREA Debt & Equity Platform<\/strong>
GREA\u2019s capital advisory, investment, and transactional platform serves owners, operators, and developers across major U.S. markets. The firm specializes in structured finance solutions for multifamily, student apartments, mixed-use, mobile home communities, senior living communities and retail assets. For more information on current rates or to view our available listings visit www.GREA.com<\/u><\/a>.<\/p>\n

Press Contact: George Johnson, Managing Director
215-454-2852<\/p>\n

A photo accompanying this announcement is available at https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/ef9d7ea6-da9a-4928-a7a0-c851ca904a22<\/a><\/p>\n

\"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

PHILADELPHIA, Jan. 22, 2026 (GLOBE NEWSWIRE) — GREA’s Philadelphia office has arranged a $44,200,000 senior construction loan for a 162-unit senior living development located at 943 S High Street in West Chester, Pennsylvania, a suburb of Philadelphia.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17484"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=17484"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17484\/revisions"}],"predecessor-version":[{"id":17494,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17484\/revisions\/17494"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=17484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=17484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=17484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}