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CFG Provides $179.8M Construction Loan for Seniors Housing Development in Southwest Florida
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CFG Provides $179.8M Construction Loan for Seniors Housing Development in Southwest Florida
SARASOTA COUNTY, FLA. — Capital Funding Group (CFG) has provided a $179.8 million construction loan to Erickson Senior Living. The seniors housing owner and operator will use the financing for the first phase of development of Emerson Lakes, a continuing care retirement community (CCRC) currently underway in Sarasota County. Situated within the Lakewood Ranch community, the first phase of Emerson Lakes will comprise four buildings — three reside…
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