Senior living community developer Griffin Living (Westlake Village, Calif.) is planning a new assisted living and memory care community in Santa Clarita, Calif., according to the website finance.yahoo.com.
The 109,077-square-foot community will house 75 assisted living units and 29 memory care units.
The community will be situated adjacent to retail centers, dining options, and green spaces.
The developer acquired a $3 million loan from private direct lending firm Hankey Capital (Los Angeles) to finance the project.