BWE, a national commercial and multifamily mortgage banking company, has announced the arrangement of financing for The Reserve at Falls Church, a 215-unit luxury senior living community situated in the highly anticipated West Falls mixed-use neighborhood.
Ryan Stoll, National Director of Seniors Housing and Care at BWE, and Taylor Mokris, Senior Vice President of Seniors Housing and Care, facilitated the construction financing for this groundbreaking project, which is being financed by a syndication of commercial
banks.
The Reserve at Falls Church will offer an unparalleled senior living experience with its blend of independent living, assisted living, and memory care apartments in a sophisticated, 15-story community.
The Reserve at Falls Church is being developed by NexCore Group, a nationally recognized leader in healthcare real estate development, and its senior housing operator, Experience Senior Living (ESL). NexCore partnered with an affiliate of Nuveen Real Estate to capitalize the project. This marks the third ground-up senior living development collaboration between NexCore and Nuveen.
“Securing financing for The Reserve at Falls Church reflects our commitment to supporting innovative projects that redefine senior living. NexCore and ESL’s focus on creating vibrant, luxurious and purpose-driven senior living communities aligns perfectly with BWE’s mission to deliver tailored capital solutions for our partners,” said Stoll.
The Reserve at Falls Church will feature an exceptional array of amenities for residents, including multiple dining options offering certified organic ingredients, an indoor saltwater pool and spa, a state-of-the-art fitness center, and an expansive maker space for creative pursuits and lifelong learning. Residents will also enjoy concierge services, valet parking, and eco-friendly transportation options.
This community represents the second development in NexCore’s luxury senior living collection, The Reserve Collection, and is designed to integrate seamlessly into West Falls, a dynamic, transit-oriented neighborhood spanning 1.2 million square feet. West Falls features modern residences, curated retail and dining, a hotel, a medical office building, and The Commons—a central outdoor gathering space. The Reserve at Falls Church is expected to open in the spring of 2027.
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