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April 3, 2025

JLL finds $58M for Lynnwood seniors

Lynnwood's 253-unit Quail Park senior community sold last year for $78 million. JLL recently disclosed that its Dean Ferris then brokered the deal, with IRA Capital Partners of California being the new owner. JLL also recently secured a $58 million refinancing package. Leading the effort were Alanna Ellis, John Chun and Zach Brantley. The bank loan is a three-year, floating-rate instrument. Ellis said in a statement, “Quail Park at Lynnwood stands apart from the market as a truly best-in-class community; the strong performance of the asset and relative value was extremely well received, garnering multiple financing offers from lenders.” The 15-acre campus offers independent living, assisted living and memory care units, with a long list of amenities.




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