03|17|2026

HARBOR CHASE CONSTRUCTION FUNDING APPROVED

Protea Capital Partners Receives $34.5M Construction Financing for Seniors Housing Community in Florida


HarborChase of Beachwalk in St. John’s, Florida, will feature 172 units of seniors housing.
ST. JOHN’S, Fla. — Protea Capital Partners has received a $34.5 million loan for the construction of a new seniors housing community in St. John’s. Olga Walsh, Aaron Rosenzweig and Dan Baker of JLL Capital Markets arranged the five-year financing on behalf of Protea.

Situated within the Beachwalk master-planned community, HarborChase of Beachwalk will feature 172 units, with 82 independent living, 66 assisted living and 24 memory care residences across multiple buildings. Amenities at the property will include a bar, bistro, beauty salon, arts and crafts room, theater, billiards room, fitness center, golf simulator and tea room. Floorplans will include studio, one- and two-bedroom layouts.

(As seen in Senior Housing Business Magazine)