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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$152M construction financing secured for luxury apartment building in Jersey City

MORRISTOWN, N.J., Aug. 29, 2024 -   JLL  Capital Markets announced today that it has secured $152 million in construction financing for the development of 35 Cottage Street, a 588-unit luxury apartment building to-be-built in Jersey City, to include a CHABAD Synagogue, Pre-School and the first dedicated party hall in Journal Square. JLL represented the borrower, Namdar Gro ...

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29.08.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$77M refinancing secured for premier multi-housing community and retail complex in Seattle area Woodinville

SEATTLE, Aug. 29, 2024 -   JLL  Capital Markets announced today that it has arranged a $77 million refinancing of The Schoolhouse District, a 264-unit mid-rise multi-housing community with approximately 44,800 square feet of retail in downtown Woodinville, Washington. JLL represented the borrowers, MainStreet Property Group and HAL Real Estate in securing the fixed-rate lo ...

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29.08.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

BH Properties Signs Ross Dress for Less to a 26,000 Square Foot Lease at Plaza Centro Shopping Mall in Caguas, Puerto Rico

Caguas, Puerto Rico - July 30, 2024 - BH Properties, a vertically integrated, value-add real estate investment company based in Los Angeles, CA, USA, has signed Ross Dress for Less (Ross) to a 26,000-square-foot lease to open a new retail outlet at the Plaza Centro shopping mall in Caguas, Puerto Rico. Located on the southern outskirts of the Puerto Rican capital of San Juan, ...

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29.08.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

93,000SF shopping center with redevelopment potential in Bergen County, New Jersey sold

MORRISTOWN, N.J., Aug. 28, 2024 -   JLL  Capital Markets announced today that it has arranged the sale of River Road Shopping Center, a value-add neighborhood center with leasing upside and redevelopment potential in Fair Lawn, New Jersey. JLL represented the seller, Bon-Marc Realty Co., as advised by Real Estate Asset Management Partners, and also procured the buyer, TFE ...

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28.08.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Power challenges not dampening record demand for U.S. data centers

CHICAGO, Aug. 27, 2024 - Demand for data centers has never been higher, evidenced by a record breaking first half of 2024. These facilities are foundational to how modern society functions, placing increasing importance on ensuring land, power and talent are available for continued operations. According to JLL'snew U.S. Data Center 1H 2024 Report , the colocation data center m ...

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27.08.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$53.4M bridge financing secured for 7 property South Carolina multi housing portfolio

WASHINGTON D.C, Aug. 27, 2024 -   JLL  Capital Markets announced today that it has secured a $53.4 million bridge financing for an 877-unit, seven-property multi-housing portfolio located in Spartanburg and Mauldin, South Carolina. JLL represented the borrowers, Machine Investment Group and Prospect Lane in securing the three-year, floating-rate loan. The portfolio compris ...

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27.08.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$115M bridge financing secured for independent living portfolio

DUBLIN, O.H., Aug. 27, 2024 -   JLL  Capital Markets announced today that it has secured a $115 million bridge financing for Town Village Portfolio, a primarily independent living portfolio which consists of four assets, totaling 852 units spanning across Alabama, Tennessee, Oklahoma and Michigan. JLL represented the borrowers, Chicago Pacific Founders and Grand Park Capit ...

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27.08.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$22.25M sale of regional shopping center arranged in South Florida

MIAMI, Aug. 23, 2024 -   JLL  Capital Markets announced today that it has arranged the $22.25 million sale of Ridge Plaza, a 138,554-square-foot regional shopping center located in Davie, Florida. JLL represented the seller, Continental Realty Corporation, and an affiliate of JBL Asset Management acquired the asset. Situated on a 13.52 acre site, Ridge Plaza is currently 9 ...

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23.08.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$44M financing secured for newly built luxury apartments in Northern New Jersey

MORRISTOWN, N.J., Aug. 22, 2024 -   JLL  Capital Markets announced today that it has secured a $44 million financing for The Delford, a 160-unit luxury apartment community in Rochelle Park, Bergen County, New Jersey. JLL represented the borrower, Tulfra Realty Company, in securing the five-year, fixed-rate loan through Nuveen Real Estate. Situated at 120 W. Passaic St., Th ...

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22.08.2024