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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$149M in financing secured for three multi-housing properties located across the Southeast

SAN DIEGO, Jan. 23, 2024 - JLL Capital Markets announced today that it has arranged the $149 million refinancing for a three-property, 857-unit multi-housing portfolio located in Georgia, South Carolina and North Carolina. JLL represented the borrower, Sunroad Enterprises, to secure the three-year, fixed-rate loan through a life insurance company. Sunroad Enterprises acquired ...

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23.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$57M construction loan arranged on behalf of Wheelock Street Capital and Camber Development for Boston-area industrial logistics development

BOSTON, Jan. 23, 2023 - JLL Capital Markets announced today that it arranged $57 million in construction financing for 800 Salem St., a state-of-the-art industrial logistics development totalling 237,800 square feet in Wilmington, Massachusetts. The project is fully entitled with site work complete, vertical construction underway and an anticipated delivery in Q3 2024. Upon co ...

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23.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Financing secured for The National Cancer Institute HQ in Maryland

WASHINGTON, D.C., Jan. 22, 2024 - JLL Capital Markets announced today that it has arranged financing for The National Cancer Institute Headquarters Building, an eight-story, trophy office building in Rockville, Maryland. JLL worked on behalf of the borrower, Affinius Capital, to secure the three-year syndicated loan, which was led by SMBC and jointly closed with Industrial and ...

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22.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$150M financing secured for New Jersey multi-housing project on Hudson River waterfront

MORRISTOWN, Jan. 18, 2024 - JLL announced today that it has arranged the $150 million construction financing for RB3, a to-be-built, 426-unit, 11-story luxury apartment building located on the Hudson River Gold Coast in West New York, New Jersey. The property, which will be the only rental building directly on the waterfront, is part of the 200-acre, master-planned community k ...

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18.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$132.9M capitalized for the development of Charlotte multi-housing community

CHARLOTTE, Jan. 18, 2024 - JLL Capital Markets announced today that it has arranged a $34.5 million LP equity placement and a $98.4 million construction loan for 2125 N Davidson, a 389-unit mid-rise multi-housing development with 13,751 square feet of ground-floor retail in the fast-growing Mill District of Charlotte, North Carolina. JLL worked alongside Space Craft and their ...

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18.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$27.525M sale of dominant grocery-anchored retail property in Arizona closes

Phoenix, Jan. 17, 2024 - JLL Capital Markets announced today that it has closed the $27.525 million sale of Rillito Crossing, a 96,424-square-foot, grocery-anchored retail center in Tucson, Arizona. JLL represented the seller, Epic Real Estate Partners and Centerbridge, and Prairie Hill Holdings acquired the asset. Completed in 2008, Rillito Crossing Marketplace is currently 9 ...

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17.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Construction financing secured for a 15-story, dual-hotel in downtown Boise

PHOENIX, Jan. 17, 2024 - JLL 's Hotels & Hospitality group announced today that it arranged construction financing for the 296-key AC Hotel / Element by Westin hotel in Boise, Idaho. JLL worked on behalf of the borrower to secure the conventional loan through a national bank. The AC Hotel consists of 175 guest rooms and the Element by Westin has 121 guest rooms. The 15-sto ...

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17.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

MAG Partners, Safanad secure $151.4M capitalization for new Chelsea multi-housing development

NEW YORK, Jan. 16, 2024 - JLL Capital Markets announced today that it has completed the $151.4 million capitalization of 335 8th Ave., a to-be-built, seven-story, 188-unit, mixed-use building located on the northwest corner of Eighth Avenue and 26th Street in the Chelsea neighborhood of Manhattan. MAG Partners was selected earlier this year through an RFP process by the site's ...

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17.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Announces Details of Fourth Quarter 2023 Earnings Release and Conference Call

View All News JLL Announces Details of Fourth Quarter 2023 Earnings Release and Conference Call January 16, 2024 CHICAGO , Jan. 16, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will host a conference call and webcast to discuss fourth quarter 2023 results on Tuesday, February 27, 2024, at 9 a.m. Eastern time. The conference call can be accessed live over th ...

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16.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

New luxury waterfront multi-housing development in Asbury Park, NJ secures $80M construction financing

MORRISTOWN, NJ, Jan. 12, 2024 - JLL Capital Markets announced today $80 million construction financing for SURFHOUSE Asbury Park, a 226-unit, six-story, Class A, waterfront multi-housing development located in Asbury Park, New Jersey. JLL worked on behalf of the sponsor, a joint venture between iStar Residential and Starfield Companies, to secure the senior construction loan f ...

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12.01.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Six-building warehouse & distribution portfolio trades in the Central Valley of California

SAN FRANCISCO, Jan. 11, 2024 - JLL Capital Markets announced today that it arranged the sale of a six-building industrial portfolio totalling 531,308 square feet in Tracy and Stockton, California. JLL represented the seller and procured the buyers, DRA Advisors and Rising Realty Partners. The portfolio includes a mix of single and multitenant NNN leased industrial warehouse an ...

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11.01.2024