CBRE Arranges $18M Refinancing for Bartlett Reserve in Durham, North Carolina

DURHAM, N.C. — CBRE has arranged an $18 million loan to refinance debt on Bartlett Reserve, a 100-unit independent living community in Durham.

The borrower is Focus Healthcare Partners. CBRE also arranged the acquisition financing for Focus in 2017.

Aron Will, Austin Sacco and Tim Root of CBRE National Senior Housing originated the floating-rate loan through Fannie Mae.