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Senior Living Developer Obtains $42M To Build Near Jackson Health Medical Center

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An affiliate of Aventura-based Royal Senior Care is building a senior living facility in southern Miami-Dade County thanks to a $41.86 million construction loan.

Bank Hapoalim provided the mortgage to RSC Coral Reef Propco LLC, an affiliate of Royal Senior Care, for the project at 15005, 15055 and 15060 S.W. 97th Ave. It will be part of the Coral Reef Wellness Center near Jackson South Medical Center.

The three buildings will have a combined 229 congregate living units, including for assisted living, memory care and independent living. They will total about 212,000 square feet and include two pools.

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March 29, 2021/by ADMIN

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