BWE, a national commercial and multifamily mortgage banking company, is pleased to announce the successful arrangement of acquisition financing for Oakmont Santianna, a premier 153-unit luxury senior living community located in Carlsbad, California.
Ryan Stoll, National Director of Seniors Housing and Care at BWE, and Taylor Mokris, Senior Vice President of Seniors Housing and Care, led the financing effort on behalf of Harrison Street, one of the nation’s largest owners of seniors housing. Following a competitive marketing process, the sponsor selected a 10-year, fixed-rate loan with full-term interest-only payments from a national life insurance company.
“Oakmont Santianna is an exceptional community—both in physical design and in the level of care and lifestyle it delivers to residents,” said Stoll. “The quality of this asset, combined with its consistent operating performance and the long-standing relationship between Harrison Street and Oakmont, made this a compelling financing opportunity. We’re proud to support their continued growth in such a high-barrier, high-demand market.”
Originally developed and leased-up by Oakmont Management Group, the property opened in 2022 and will continue to be operated by Oakmont post-acquisition. Oakmont, the 17th largest senior housing operator in the United States, manages more than 90 communities nationwide and currently operates 23 properties in partnership with Harrison Street.
BWE stands as a national, full-service commercial and multifamily mortgage banking company committed to elevating real estate financing. Putting clients’ goals first, our experienced and trusted advisors offer comprehensive capital solutions by combining enduring debt and equity relationships with unparalleled local market insights across our 40+ offices and national servicing platform.
