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The Marisol secures $252.1 million in construction financing led by the California Public Finance Authority for a senior housing project in Huntington Beach.
PRIVATEMay 22, 2026•3 months ago
Amount Raised
$252 Million
Round Type
Series A
Investors
Jll SecuritiesHj SimsCalifornia Public Finance Authority
Description
The Marisol, a planned assisted living and memory care community in Huntington Beach, has secured $252.1 million in financing. The package includes components of Series A, B, and C bonds, managed by HJ Sims and JLL Securities. The project is set to deliver in 2028 and will span 281,000 square feet with 214 units. The development replaces an office building and will feature various amenities focused on senior living.
Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech