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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$55.7M financing secured for Philadelphia multi-housing development

MORRISTOWN, Dec. 21, 2023 - JLL Capital Markets announced today that it has arranged $55.7 million in construction financing for a 187-unit, luxury multi-housing development located in the Northern Liberties neighborhood of Philadelphia, Pennsylvania. The project is the second phase of a two-phased development totaling 466-units. The first phase, announced in March , is curren ...

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21.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$60.14M in capital secured for a Minnesota multi-housing development community

MINNEAPOLIS, Dec. 20, 2023 - JLL Capital Markets announced that it has arranged mezzanine and construction financing totaling $60.14 million for Avalon Apartments and Townhomes, a mid-rise multifamily and townhome development located in the preferred submarket of Inver Grove Heights and bordering Eagan, Minnesota. JLL worked on behalf of the borrower, a St. Cloud-based Trident ...

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20.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$18.5M sale of Atlanta-MSA shopping center in dominant retail node closes

ATLANTA, Dec. 20, 2023 - JLL Capital Markets announced today that it has closed the $18.5 million sale of Reynolds Crossing, a 45,809-square-foot retail center located within the Atlanta MSA in Duluth, Georgia. JLL represented the seller, Leaders Real Estate Group, and a private investor acquired the asset. Built in 2004 and 2005, the 100-percent-occupied Reynolds Crossing is ...

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20.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$115M in financing secured for Class A multi-housing community in Miami

MIAMI, Dec. 20, 2023 - JLL Capital Markets announced today that it has arranged the $115 million financing for Metro Edgewater, a 279-unit, 32-story, recently completed, Class A apartment tower located in the Edgewater neighborhood of Miami, Florida. JLL worked on behalf of the borrower, a consortium comprised of Lujeni Corp, Camino Capital Management, and Building Block Realt ...

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20.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL completes $42.75M sale and financing of Orlando business park

MIAMI, Dec. 19, 2023 - JLL Capital Markets announced today that it has completed the $42.75 million sale of and arranged acquisition financing for North Lake Business Park, a 271,988-square-foot, multi-use business park in the Orlando MSA. JLL represented the seller, Taurus Investment Holdings, in the sale of the property to Basis Industrial. JLL also arranged $46 million in a ...

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19.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$15.45M financing secured for South Los Angeles modular multi-housing development

IRVINE, Dec. 19, 2023 - JLL Capital Markets announced today that it has arranged the first lien construction financing for 6100 Main, an 87-unit, multi-housing community located in Los Angeles, California. JLL worked on behalf of the borrower, SoLa Impact, to secure the construction loan with a regional bank. Located within a Qualified Opportunity Zone, the project is designed ...

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19.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$55.7M financing secured for Philadelphia multi-housing development

MORRISTOWN, Dec. 19, 2023 - JLL Capital Markets announced today that it has arranged $55.7 million in construction financing for a 187-unit, luxury multi-housing development located in the Northern Liberties neighborhood of Philadelphia, Pennsylvania. The project is the second phase of a two-phased development totaling 466-units. The first phase, announced in March , is curren ...

Continue reading
19.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$8.3M in financing secured for grocery-anchored shopping center in New Jersey

MORRISTOWN, Dec. 19, 2023 - JLL Capital Markets announced today that it has arranged the refinancing for Barnegat Village Square, a 70,491-square-foot, grocery-anchored shopping center located in Barnegat, New Jersey. JLL represented the borrower, an affiliate of the Walters Group, to secure the ten-year, fixed-rate loan through Provident Bank. Developed in 1998, the 97-percen ...

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19.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$26.8M financing secured for newly developed apartments in Ocean County, New Jersey

MORRISTOWN, Dec. 19, 2023 - JLL announced today that it has arranged a $26.8 million financing for Camelot at Toms River, the 128-unit, luxury apartment community located within Ocean County in Toms River, New Jersey. JLL worked on behalf of the borrower, Kaplan Companies, to secure the five-year, fixed-rate loan through Nuveen Real Estate. Built in 2023, Camelot at Toms River ...

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19.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$15M sale of oceanfront condominium development site closes in New Jersey

MORRISTOWN, Dec. 18, 2023 - JLL Capital Markets announced today that it has closed the $15 million sale of an oceanfront condominium development parcel located along the historic beachfront promenade in Asbury Park, New Jersey. The site is a part of the Asbury Park Waterfront Redevelopment Area and is currently approved for an eight-story condominium development comprised of 1 ...

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18.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Financing secured for Class A multi-housing development in Central East Austin

AUSTIN, TEXAS - Dec. 18, 2023 - JLL Capital Markets announced today that it has arranged the construction financing for Lirica East Austin, a unique, five-story, 338-unit, Class A multi-housing development located in Central East Austin. JLL worked on behalf of the borrower, Central Southwest Texas Development, LLC DBA CSW Development, and the equity partner, Blueprint Local, ...

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18.12.2023