BWE, a national commercial and multifamily mortgage banking company, announced the successful arrangement of financing on behalf of Lloyd Jones for AVIVA River Bend, an assisted living and memory care community located in Rochester, Minnesota.
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. BWE’s dedicated Seniors Housing and Care platform — combining deep sector expertise with an extensive network of capital providers — enabled the team to source and structure a best-in-class financing solution that met the sponsor’s targeted proceeds while providing interest-only payments and flexibility to execute its business plan.
Lloyd Jones, led by Chris Finlay, is an experienced owner-operator with over 45 years of real estate experience spanning multifamily and seniors housing. The organization continues to expand its seniors housing platform through its operating arm, AVIVA Senior Living, bringing a proven track record of operational expertise and value creation to each community it acquires.
Located in Rochester, Minnesota — home to the nationally recognized Mayo Clinic — AVIVA River Bend benefits from strong underlying demand drivers and a highly desirable setting. The community offers assisted living and memory care in a scenic, riverfront environment, featuring walking paths and outdoor spaces overlooking the water.
“We’re pleased to have delivered a strong outcome for Lloyd Jones on this transaction,” said Mokris. “The team’s experience and vision for AVIVA River Bend, combined with the strength of the Rochester market, made this an attractive financing opportunity. The result positions the asset well for continued success.”