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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$43M financing secured for premium select service and extended stay hotel portfolio

NEW YORK CITY, Mar. 6, 2025 - JLL 's Hotels & Hospitality Group announced today it has arranged $43 million in financing for a portfolio of five premium select-service and extended-stay hotels located across five states. The portfolio totals 554 rooms and consists of Marriott and Hilton branded properties. The JLL Capital Markets team represented the borrower, American Hot ...

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06.03.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL advises on $467M sale-leaseback portfolio of SouthState Corporation retail bank branches

CHICAGO, Feb. 28, 2025 - JLL Capital Markets announced today that it has arranged the $467 million sale and leaseback of 165 retail bank branches across six southeastern states (the "Portfolio"), occupied by the SouthState Bank, N.A. ("SouthState"). JLL worked on behalf of the seller, SouthState. The Portfolio spans 1,183,816 square feet across Alabama, Geo ...

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02.03.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL appoints Travis McCready new Head of Industries, Leasing Advisory

CHICAGO, Feb. 27, 2025 - JLL announced today that it has appointed Travis McCready as the Head of Industries, Leasing Advisory. In this new role, he now oversees brokerage and advisory for JLL's key global industry verticals, including Aerospace and Defense, Data Centers, Energy, Financial Services, Healthcare, Higher Education, Life Sciences and Technology. McCready has amass ...

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27.02.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$142.7M construction financing and equity placement arranged for multifamily development in Bergen-Lafayette

MORRISTOWN, N.J., Feb. 26, 2025 - JLL Capital Markets announced today that it has arranged a $142.7 million construction loan and equity placement for Scholars Village, a 500-unit Class A multifamily development in Jersey City, New Jersey. JLL represented the borrower, Alpine Residential, in securing the four-year, floating-rate construction loan through Bank OZK. In addition, ...

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26.02.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$15.9M financing secured for hotel to multifamily conversion in Gresham, Oregon

SEATTLE, Feb. 26, 2025 - JLL Capital Markets announced today that it has secured a $15.9 million financing for Woodland Flats, a 120-unit hotel-to-multifamily conversion project in Gresham, Oregon. JLL worked on behalf of the borrower, PH Development LLC, in arranging the two-year, bridge loan through AGP Capital. Woodland Flats, located at 2752 NE Hogan Dr., is 25 minutes eas ...

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26.02.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$81.195M financing secured for two multi-housing communities in Jersey City

MORRISTOWN, N.J., Feb. 25, 2025 - JLL Capital Markets announced today that it has arranged a $81.195 million financing for Atlas and Starling, two newly constructed multi-housing properties in Jersey City, New Jersey. JLL represented the borrower, Alpine Residential, to originate the five-year, interest only fixed-rate Freddie Mac loan for Atlas. JLL also worked to secure the ...

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25.02.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets secures the sale of a 607K SF Class A industrial distribution center in the Worcester, MA submarket

BOSTON, Feb. 21, 2025 - JLL Capital Markets announced today it arranged the $120 million sale and acquisition financing for Uxbridge Distribution Center, a newly constructed 607,486 square-foot distribution facility located at 40 Lackey Dam Rd. in Uxbridge, Massachusetts. JLL represented the sellers, Scannell Properties and a real estate fund advised by Crow Holdings Capital, ...

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21.02.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

NexMetro Communities completes $333M recapitalization of eight asset build to rent portfolio across three states

PHOENIX, Feb. 20, 2025 - JLL Capital Markets announced today that it has arranged a recapitalization of eight NexMetro assets with Stockbridge investing $65.9 million of preferred equity along existing assumable agency financing of $206 million. This completes the second closing over 45 days on a 12-asset portfolio transaction across Arizona, Colorado and Texas. The previously ...

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20.02.2025