Jeff Sause News Today

LOS ANGELES, Nov. 28, 2023 - JLL Capital Markets announced that it has arranged the $51 million construction takeout financing for Mossdale Landing Apartments, a recently completed,...

Rubik Built, Wright Equities and Grupe Company have secured $51 million in construction financing to complete Mossdale Landing Apartments.

StarPoint Properties has received a $52 million construction loan for a 245-unit multifamily development in Mesa, Ariz., near Phoenix.

IRVINE, June 1, 2023 -JLL Capital Markets announced today that it has arranged the $12.05 million refinancing of Mission Promenade, a 105,700-square-foot, dual-grocery-anchored... | June 2, 2023

LOS ANGELES, CA - JLL Capital Markets announced today that it has arranged $84 million in construction financing for Overland and Ayres, a 201-unit, best-in-class multi-housing community in West Los Angeles, California. JLL worked on behalf of the borrower, an affiliate of GPI Companies, to secure the floating-rate construction loan through Citizens. With an anticipated completion in 2024, the six-story Overland and Ayres will be fully integrated with the award winning, newly constructed West...

Three buyers assumed existing debt on the multi-housing apartment buildings. The deal was facilitated by JLL.

GPI Cos. received a $84 million construction loan for Overland and Ayres, a 201-unit multifamily project in Los Angeles, from Citizens Bank.

JLL arranged $33 million in permanent financing for the Cielo Apartments, a 70-unit, Class A, mid-rise multihousing property in San Diego, California.