Durham, NC — June 16, 2022 — Stratton Capital Group is proud to announce the successful closing of a $13 million loan to support the redevelopment of a senior housing facility in Durham, North Carolina.

The financing will enable the property’s complete transformation into a modern, amenity-rich senior living community, addressing the growing demand for quality housing and healthcare access for seniors in the Research Triangle region.

“This project represents exactly the kind of purposeful development we’re passionate about supporting,” said David Jackson, Co-Chief Executive Officer of Stratton Capital Group. “Our team is committed to helping visionary developers revitalize communities through projects that combine impact, design, and long-term value.”

The borrower, an experienced real estate developer with a strong track record in healthcare and multifamily housing, partnered with Stratton Capital Group to secure funding for extensive renovations and facility upgrades. The project will add new residential units, updated medical suites, and enhanced common areas designed to improve quality of life for residents.

The transaction marks one of Stratton Capital Group’s largest loans to date and highlights its growing presence in the Southeast. The firm continues to expand its lending portfolio nationwide, focusing on high-impact projects that combine innovation, sustainability, and community benefit.