Ares-Led Group Provides $800 Million Credit Facility to GoodLife Platform
Ares-managed investor group has committed $800 million in financing to support Apollo Global Management’s GoodLife senior living platform. The financing comprises a senior secured credit facility including a term loan and revolving line to fund platform expansion and acquisitions in the U.S. retirement housing sector.
1. Transaction Details
An Ares-managed investor group has arranged an $800 million senior secured credit facility to back Apollo’s GoodLife senior living platform. The package includes a term loan and revolving credit line carrying a floating rate tied to SOFR plus a margin, providing flexible capital for the venture.
2. Growth and Strategic Impact
The new financing will fund GoodLife’s planned acquisitions of retirement housing communities and capital improvements across the U.S., enabling accelerated platform expansion. For Ares, the deal diversifies its real asset lending and strengthens its foothold in the senior housing sector.