Jones Lang LaSalle Inc. - news published 2.647 - readings 44.257

BACK
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Generational San Diego multi-housing community sells and secures acquisition financing

LOS ANGELES, Dec. 18, 2023 - JLL announced today that it has closed the sale of and arranged the acquisition financing for Margo at the Society, a generational, 240-unit, seven-story core multi-housing opportunity located in San Diego, California in the Mission Valley neighborhood. JLL represented the seller, and procured the buyer, Decron Properties. JLL also worked on behalf ...

Continue reading
18.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$55M non-recourse construction loan secured for build-to-rent development in Port St. Lucie, Florida

MIAMI, Dec. 18, 2023 - JLL Capital Markets announced today that it has arranged $55 million in construction financing for EDEN at Tradition, a 214-unit build-to-rent development project located in Port St. Lucie. JLL worked on behalf of EDEN Living to secure the non-recourse loan. Additionally, in June 2023 , JLL announced it had secured the project's joint venture equity on b ...

Continue reading
18.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$23M in acquisition financing sourced for a Logan, New Jersey distribution center

MORRISTOWN, N.J., Dec. 14, 2023 - JLL Capital Markets announced today that it arranged $23.0 million in acquisition financing for a 209,437-sqaure-foot industrial warehouse/distribution center in Logan Township, New Jersey. JLL represented the borrower, Chelten House Products, and secured the fixed rate loan from a correspondent life insurance company. The property sits on an ...

Continue reading
14.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Recapitalization arranged for a content and entertainment studio in the Arts District of Los Angeles

LOS ANGELES, Dec. 14, 2023 - JLL Capital Markets announced today that it recapitalized an approximately 25,000-square-foot content and entertainment studio in Los Angeles, CA, paying off bridge financing and preferred equity investors. JLL represented the borrower, Mack Sennett Studios, in securing a $7,500,000 loan from a foreign-based bank with regional offices throughout th ...

Continue reading
14.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Grocery-anchored neighborhood center in northern CA sells for $44.3M

SAN FRANCISCO, Dec. 13, 2023 - JLL Capital Markets announced today that it has closed the $44.3 million sale of Quail Pointe, a 98,314-square-foot, grocery-anchored neighborhood retail center located in the highly desirable Sacramento suburb of Fair Oaks, California. This was the first time the property has been offered for sale in 36 years. JLL worked on behalf of the seller, ...

Continue reading
13.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$18.625M financing secured for newly constructed apartment community in New Jersey

MORRISTOWN, Dec. 6, 2023 - JLL Capital Markets announced today that it has arranged the $18.625 million refinancing of 39 High Street, an 83-unit multi-housing community located in the Journal Square neighborhood of Jersey City, New Jersey. JLL represented the borrower, a partnership between Spitzer Enterprises and Titanium Realty Group, to secure the fixed-rate loan through a ...

Continue reading
06.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

San Antonio’s premier seniors community successfully recapitalized with new investor and agency financing

BOSTON, Dec. 6, 2023 - JLL Capital Markets announced today that it arranged the successful recapitalization transaction of Franklin Park Alamo Heights, a senior housing community owned by Harrison Street and Franklin Park. The buyer has retained Franklin Park as manager in a new joint venture. JLL also placed the acquisition financing with a Freddie Mac loan for the buyer. Fra ...

Continue reading
06.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of landmark multi-housing community in suburban Indianapolis closes

CHICAGO, Dec. 6, 2023 - JLL announced today that it has closed the sale of Carmel Center, a 322-unit multi-housing community and city landmark located in downtown Carmel, Indiana within the Indianapolis MSA. JLL worked on behalf of the seller, NTS Development with an institutional partner, and The Connor Group acquired the asset. Built in 2002, the 18-building, three-story, co ...

Continue reading
06.12.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$35M in financing secured for seniors community project in Worcester, MA

BOSTON, Dec. 6, 2023 - JLL Capital Markets announced today that it arranged $35 million in financing for The Arbella at Bramble Hill, a to-be-built, 123-unit, active adult seniors community in Worcester, Massachusetts. JLL worked on behalf of the borrower, UW Senior, LLC, through the developer, The United Group of Companies, to secure a construction loan from Washington Trust. ...

Continue reading
06.12.2023