Roers refinances 169-unit, Luxury Twin Cities Senior Housing Community, Risor of Maple Grove

4/1/2025

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MHN

• Subcategory: Capital Markets: Debt, MF: Senior

• Tag: Closing

• Additional Filters-Subcategory: Capital Markets: Agency Loan, Capital Markets: Debt-Refinance, MF: Garden

• Company: Jones Lang LaSalle (NYSE: JLL), Roers Companies, Fannie Mae

Roers Cos. has received $33.2 million in financing for Risor of Maple Grove, a 169-unit luxury senior housing community in Maple Grove, Minn. JLL Capital Markets secured the five-year, fixed-rate Fannie Mae loan serviced by JLL Real Estate Capital.

Previous debt included a $32.5 million construction loan Roers obtained from First Bank & Trust back in 2021, according to Yardi Matrix data. That note matured last year.