News
HMC – Congratulations to Harbert South Bay and all HMC partners on capitalizing the James development project.
Congratulations to the Harbert South Bay team, and all of our partners, on getting this incredible development capitalized. The James, a luxury rental, 350-bed seniors housing community, will be the first senior housing project delivered in the City of Irvine in 28 years.
NEWPORT BEACH, Calif., Dec. 2, 2024 – JLL’s Capital Markets group and HJ Sims announced today that they have arranged $473 million in tax exempt and taxable bond financing for the ground-up development of The James, a luxury rental, 350-bed seniors housing community in Irvine, California, which is the largest tax-exempt senior living financing of the year and largest non-profit single-site senior living bond issue in history.
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