Los Angeles Los Angeles

Canyon Partners has provided $10.9 million in preferred equity to Griffin Living fund the ground-up development of a class-A senior living facility in Westlake Village. This is Canyon's fourth investment with Griffin since 2013.

Located off the Thousand Oaks Blvd exit of US Route 101, the 86-unit property will include 58 assisted living units and 28 memory care units within a two-story, 77,000 square foot community.

The project is one of two senior housing projects in the area, which has pent-up demand for senior housing.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Los Angeles
Multifamily
Senior Housing
Capital Markets
Development
West