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Cushman & Wakefield Arranges $51M Refinancing of Three-Property, 477-Unit Independent Living & Assisted Living Portfolio on Behalf of Kisco

Jayden Lapin-Tatman • 1/24/2023

Escondido, CA – Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to certain ownership affiliates of Kisco Senior Living (“Kisco”) to arrange the $51 million refinancing of Cypress Court in Escondido, California; Villa de San Antonio in San Antonio, Texas; and Heritage Woods in Winston-Salem, North Carolina. The refinance proceeds from a national bank are retiring existing debt.

Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Dan Baker and Sam Dylag represented the borrower in the transaction.

“Kisco has been an excellent long-term owner of these communities,” said Rosenzweig. “Through their stewardship, they are able to provide a high-quality senior living option to residents and their families. We’re pleased to have worked with Kisco successfully again and arranged a new lending relationship for them.”

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit

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