JLL Secures Acquisition Loan 332-Unit Affordable Community

JLL secured a $24-million loan to refinance Agora at Port Richey, a 288-unit, garden-style apartment community in Port Richey. The apartment property consists of 24, two-story buildings totaling 264,168 square feet. Floorplans include one-, two- and three-bedroom layouts. Amenities include a swimming pool with cabanas, fitness center, dog park, playground, clubhouse, business center, internet.

JLL’s Capital Markets experts on Jan. 12 announced the company secured acquisition financing for Oakland Hills Apartments, a 332-unit multifamily community located at 807 Heights Drive in Fort Worth. Benefit Street Partners provided the loan for S2 Capital. JLL Capital Markets Managing Director Mark.

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New Senior Investment Group completed the refinancing of a $720 million secured loan from with Freddie Mac arranged through KeyBank Real Estate Capital. The loan has a seven-year term and bears.

Its Fannie Mae, Freddie Mac and HUD/GNMA capabilities will expand JLL’s market-rate, affordable and seniors housing and healthcare financing expertise, and complement its multifamily sales and equity services. The acquisition of Oak Grove is expected to close by year end, subject to standard closing conditions and approvals.

The community is approximately 17 miles from downtown Los Angeles and comprises a mix of one- and two-bedroom residences, averaging 838 square feet. In addition, the property features 25 affordable.

A titan of the housing industry, Morgan founded Redrow with a £5,000 loan in 1974. Since then he has overseen. Homes England took the Deal of the Year award for its acquisition of the 494-acre.

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In Kennewick, Wash., Security Properties and JLL secured $25 million in bridge-to-resyndication financing and a million tax-exempt loan with extended interest rate lock for 455-unit affordable housing property Heatherstone Apartments. JLL Managing Director Tim Leonhard led the debt-placement team.

SAN ANTONIO, TX – Berkadia announces it has arranged acquisition financing for The Vistana, a 17 story mixed-use community with 247 residential units and over 30,000 square feet of retail space in San Antonio, Texas. Senior Director Brad Williamson of Berkadia’s Miami office secured the loan on.

October 8, 2019 – JLL announced today that it has arranged $8.37 million in acquisition financing for Chateau Park Apartments, a 71-unit, value-add, garden-style apartment community located near downtown Boise, Idaho. JLL worked on behalf of the borrower, Allante Properties and Investments, to place the floating-rate bridge loan.

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