JLL has arranged the sale of Fairwinds Brighton Court, a 182-unit seniors housing community in Lynnwood, Washington.
JLL’s Senior Housing Capital Markets team, which represented the seller, was led by Senior Managing Directors Jay Wagner, Rick Swartz and Aaron Rosenweig, Senior Director Dan Baker and Director Dean Ferris. A public REIT purchased the asset and has retained Leisure Care to continue managing the community. Fairwinds Brighton Court is located at 6520 196th St. SW, about 30 minutes north of downtown Seattle and 45 minutes from the Seattle-Tacoma International Airport. The 4.4-acre property is conveniently located near Interstate 5 and offers a variety of retail and medical facilities.
Originally built in 1988, Fairwinds Brighton Court has undergone extensive renovations in the last decade, including a full exterior building rehabilitation. The three-story community offers 124 independent living units and 182 assisted living units, both in studio, one- and two-bedroom layouts.
Byline Bank’s Commercial Real Estate Group provided a $17.5 million term loan to The Schirm Firm to finance the acquisition of Trotters Park, a multifamily property located at 720 Michigan Avenue in Columbus, Ohio. The financing marks the fourth transaction between Byline Bank and The Schirm Firm, a family-owned real estate company. The Byline Bank...
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Guelph plans to cut residential development charges by 30% for three years, potentially saving developers up to $21,623 per home under a new federal-provincial infrastructure funding agreement. The city is eligible for up to $48.3 million to help offset the lost revenue and fund water and wastewater infrastructure needed to accommodate future housing growth. But...
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Commercial real estate investment in the Greater Toronto Area jumped 41% to nearly $10.2 billion in the first half of 2026, but the rebound reveals a widening divide between properties investors want to own and projects they are willing to build. The figures, released Tuesday in REMAX Canada’s Fall 2026 Commercial Real Estate Report, show...
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