Cordia at Grand Traverse Commons
Luna provided the mezzanine financing of Cordia at Grand Traverse Commons in Traverse City, Michigan. This senior residential club is an exclusive year-round, luxury residential community designed for both independent seniors and those who require assistance. Cordia offers a host of private amenities, such as a health and wellness spa, a theater, pub, art studios, a rich educational and social program, and a good deal more. Cordia marks a milestone for the Village at Grand Traverse Commons, as it completes the restoration of the historic building that was built in 1885. With a total construction and renovation budget of $31 million, this project was completed and fully operational in the fall of 2014. The Cordia at Grand Traverse Commons website is www.cordiatc.com.