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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Lonicera Partners and Rabina secure JV equity and financing for Downtown Brooklyn multi-housing development

NEW YORK, N.Y., June 9, 2023 - JLL Capital Markets has arranged the capitalization of 55 Willoughby, a 268,000-square-foot, mixed-use luxury development in Downtown Brooklyn that will feature 295 apartments and 3,500 square feet of retail space. JLL worked on behalf of the borrower, a joint venture of Lonicera Partners and Rabina, to secure a floating-rate loan through Santand ...

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27.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Class A Livingston New Jersey multi-housing development secures $49.7M construction loan

MORRISTOWN, June 20, 2023 - JLL Capital Markets announced today that it arranged a $49.7 million construction loan for Highgate at Livingston ("Highgate"), a 169-unit, mid-rise, Class A, luxury apartment development located in Livingston, New Jersey. JLL worked on behalf of the borrower, Continental Properties, to secure the floating-rate construction loan with Truis ...

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23.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of newly constructed, 3-building industrial park in Lake County closes

ORLANDO, June 22, 2023 - JLL Capital Markets announced today that it arranged the sale of Perimeter Park West, a newly constructed, three-building industrial park totaling 171,765 square feet in Clermont, Florida. JLL represented the seller, High Street Logistics Properties. Perimeter Park West was built in 2022 and is currently 100% occupied. Key features of the buildings inc ...

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23.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges $750M construction loan for a mixed-use project near Harvard University

BOSTON, June 22, 2023 - JLL 's Capital Markets group announced today that it has arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000-square-foot, mixed-use development just minutes from Harvard University in Allston, Massachusetts. The $750 million loan represents one of the country's largest construction loans closed year ...

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23.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of two-building, newly built industrial center near Atlanta closes

ATLANTA, June 21, 2023 - JLL Capital Markets announced today that it arranged the sale of two recently completed, Class A industrial buildings totaling 271,294 square feet in Rex, Georgia. JLL represented the seller, InLight Real Estate Partners, in the sale of the property to EverWest Real Estate Investors, LLC. The two newly constructed, Class A distribution facilities were ...

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22.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$3.65M sale of historic multi-housing community in Duluth, Minnesota closes

MINNEAPOLIS, June 21, 2023 - JLL Capital Markets announced today that it has closed the $3.65 million sale of Irving School Apartments, a historic, 44-unit, 1895-built multi-housing community located in Duluth, Minnesota. High Point Holdings L.L.C. acquired the asset. Built in 1895, Irving School Apartments was originally developed as a school and went through various phases b ...

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22.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL secures $38M construction financing for GroveParc Townhomes, a Class A build-to-rent development in Tampa MSA

MIAMI, June 20, 2023 - JLL Capital Markets announced today that it arranged $38 million in construction financing for GroveParc Townhomes, a 190-unit, Class A build-to-rent development located in Wesley Chapel, Florida (Tampa MSA). JLL worked on behalf of the borrower, ResiBuilt, to secure the loan through a regional bank. The project is expected to be completed in January of ...

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22.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Foundation supports 15 climate-impacting startups in its first year

Impact investments catalyze efforts to mitigate the effects of climate change and achieve a more sustainable future CHICAGO , June 21, 2023 /PRNewswire/ -- JLL Foundation, a non-profit founded and backed by JLL (NYSE: JLL), today published its inaugural Annual Report , recapping its activities for 2022 as an impact investor focused on climate change and the built environment. ...

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21.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

The S. Hekemian Group lands financing to develop Valley Hospital Surgery Center at “the District”

MORRISTOWN, N.J., June 14, 2023 - JLL Capital Markets announced today that it has arranged construction financing and mezzanine equity for the District Building 4, a three-story, mixed-use building totalling 25,000 square feet of ground-floor retail space and 58,372 square feet of Class A medical space in Montvale, New Jersey. JLL represented the borrower, The S. Hekemian Grou ...

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14.06.2023