Development

TUCSON, Ariz. — Dekel Capital, a Los Angeles-based real estate merchant bank, has arranged $25.4 million in financing for the development of Sage Tucson, an assisted living and memory care project in the Casas Adobes submarket of Tucson.

VIENNA, Va. — Love Funding has arranged a $19 million loan for renovations to Tysons Tower, a 274-unit affordable seniors housing community in the Washington, D.C. suburb of Vienna.

STAMFORD, Conn. — Cushman & Wakefield has arranged $23.3 million in financing for a joint venture between LCB Senior Living and Virtus Real Estate Capital, which will use the loan to build The Residence at Stony Ford, a 104-unit independent living, assisted living and memory care community.