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JLL Capital Markets Close $27.3 Million Sale and Arranged Acquisition Financing for Newly Built 55+ Housing Community in Minnesota

CHICAGO, IL - JLL Capital Markets announced today that it has closed the $27.3 million sale and arranged the acquisition financing for Frost English Silver, a newly-built, 107-unit, luxury, 55+ housing community in Maplewood, Minnesota. JLL Marketed the property on behalf of, Sherman Associates. An affiliate of Axial Real Estate Advisors LLC acquired the property. Additionally, working on behalf of Axial, JLL secured the seven-year, fixed-rate Fannie Mae loan. The loan will be serviced by JLL...
United States Maplewood Mall Ken Dayton Scott Larson Mox Gunderson Adam Haydon

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