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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Legacy community sells in Downtown Stillwater on the shores of the St. Croix

MINNEAPOLIS, June 19, 2024 - JLL  Capital Markets announced today that it arranged the sale and financing, secured through Freddie Mac, for Rivertown Commons, a 96-unit (62+) senior living, Section 8 affordable housing building situated along the St. Croix River in the heart of historic downtown Stillwater, Minnesota. JLL worked on behalf of the seller, Dominium Management, ...

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19.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$24M in financing secured for an eight property, shallow bay industrial park in Orlando

MORRISTOWN, N.J., June 17, 2024 -   JLL  Capital Markets announced today that it arranged $24 million in financing to recapitalize Silver Star Commerce Center, an eight-building, shallow-bay industrial park totalling 254,915 square feet in Orlando, Florida. JLL worked on behalf of the borrower, a joint venture between Denholtz Properties and Long Wharf Capital, and secured ...

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17.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL’s Hotels & Hospitality group arranges $575M financing for The Diplomat Beach Resort

HOLLYWOOD, June 17, 2024 - JLL's Hotels & Hospitality group announced today that it has arranged $575 million in financing for the Diplomat Beach Resort, an award-winning beachfront resort with 1,000 guest rooms in Hollywood, Florida. JLL worked on behalf of the borrower, a joint venture between real estate funds managed by Trinity Investments ("Trinity") and fun ...

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17.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

30.1M construction loan secured for Phase IV of Carrie Meek International Business Park

MIAMI, June 13, 2024 -   JLL  Capital Markets announced today that it arranged a $30.1 million construction loan for the development of Phase IV of Carrie Meek International Business Park ('Meek Phase IV'), a two-building, Class A industrial project in Opa-Locka, Florida. JLL worked on behalf of the borrower, a joint venture between Foundry Commercial and Clarion Partners, ...

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13.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$52.3M in construction financing arranged for Egret Point Logistics Center in Boynton Beach, Florida

MIAMI, June 13, 2024 -   JLL  Capital Markets announced today that it arranged $52.3 million in senior construction financing for Egret Point Logistics Center in Boynton Beach, Florida. JLL worked on behalf of the borrower, a joint venture between Foundry Commercial and Wheelock Street Capital, to secure the financing from First Citizens Bank. Egret Point Logistics Center ...

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13.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets completes sale and financing of 12-building industrial park

ATLANTA, June 11, 2024 - JLL Capital Markets announced today that it has closed the sale of and arranged financing for Gwinnett Park, a 12-building light industrial park totaling 753,737 square feet in Atlanta, Georgia. JLL represented the seller, Dogwood Industrial Properties, and procured the buyer, ATCAP Partners, LLC, an institutional industrial buyer. Additionally, JLL wo ...

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11.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Freddie Mac financing lined up for Fort Worth multi-housing community

DALLAS, June 11, 2024 -   JLL  Capital Markets announced today that it arranged acquisition financing for Monticello Apartments, a newly renovated, 1970-vintage, 116-unit, multi-housing community in Fort Worth, Texas. JLL worked on behalf of the borrower, Price Realty, to secure the five-year, fixed-rate financing through Freddie Mac. The loan will be serviced by Jones Lan ...

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11.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$42.48M in construction financing secured for industrial development in Georgia

ATLANTA, June 10, 2024 -   JLL  Capital Markets announced today that it arranged approximately $42.48 million in construction financing for Stonemont Park 75 South, an upcoming industrial park in Locust Grove, Georgia. JLL worked on behalf of Stonemont Financial Group to facilitate the loan from Principal Asset Management. The project will consist of three rear-load buildi ...

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10.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges $6M refinancing for mixed-use property in St. John, U.S. Virgin Islands

BOSTON, June 10, 2024 -   JLL  Capital Markets announced today that it arranged a $6 million refinancing for The Marketplace, a 55,100-square-foot mixed-use property offering essential retail, office, storage and hospitality uses in St. John, U.S. Virgin Islands. JLL worked on behalf of the borrower, Mugar Enterprises, Inc. to secure the five-year, fixed-rate loan through ...

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10.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets arranges financing for Dallas area self storage facility

DALLAS, June 6, 2024 - JLL Capital Markets announced today that it has arranged financing for Anna Self Storage, an 840-unit self-storage facility in Anna, Texas. JLL worked on behalf of the borrower, HPI Real Estate, to secure the five-year, floating-rate acquisition loan with Security National Bank. Anna Self Storage is located at the intersection of Ferguson Parkway and Hig ...

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07.06.2024