The Symphony Portfolio

Four Senior Living Communities in Florida

Jones Lang LaSalle (“JLL”) is pleased to present the Symphony Portfolio, which consists of four best-in-class, highly amenitized assisted living and memory care facilities located in high-growth markets across the state of Florida. The 412-unit portfolio has an average vintage of 2015 and has been immaculately maintained with significant capital investments to maintain “like new” facilities and entice new residents. Strong demographic tailwinds coupled with positive leasing and operational momentum stemming from a recent operator change indicate the properties are poised to continue to improve on their increasingly strong performance.

 Portfolio Summary

LOCATIONS:

Tallahassee, Ocala, Stuart, and Delray Beach

TYPE OF OFFERING:

Four assisted living & memory care properties

NUMBER OF UNITS:

412 units

OCCUPANCY:

79% (March 2023)

Investment Highlights

  • Rapidly growing markets with favorable demographics
  • Basis below replacement cost with mitigated lease-up risk
  • Cash-flowing value-add opportunity with strong momentum and  immediately attainable cost reductions
  • High quality construction with significant capital investments

CONTACTS

JASON SKALKO

Director

+ 1 239 940 8885

jason.skalko@jll.com 

CHARLES BISSELL

Managing Director 

+ 1 214 438 6583

charles.bissell@jll.com  

ZACH BRANTLEY

Analyst

+ 1 214 438 1570

zach.brantley@jll.com

ALLISON HOLLAND

Managing Director - Debt Financing

+ 1 214 546 4602 

allison.holland@jll.com