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CORRECTING and REPLACING Asia Capital Real Estate (ACRE) Provides 11 Loans Totaling $358M for U.S. Multifamily Properties djournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from djournal.com Daily Mail and Mail on Sunday newspapers.
Asia Capital Real Estate Lands $43M Loan for Tampa Acquisition With help from JLL Capital Markets, the company purchased a suburban garden-style property in Hillsborough County. Jun042021 Image courtesy of NorthMarq Asia Capital Real Estate has acquired Lola Apartments, a 264-unit Class A community in Riverview, Fla., in Hillsborough County. The seller, a joint venture between Lindell Investments and Investors Realty, was represented in the transaction by NorthMarq Tampa’s Investment Sales team. Working on behalf of the buyer, JLL Capital Markets secured a $42.8 million acquisition loan through lender CIT Group. Lola Apartments is located at 9960 Jonas Salk Drive, in the southeast suburban area of Tampa, Fla. The pet-friendly property features one-, two- and three-bedroom units in proportions of 45 percent, 49 percent and 6 percent, respectively, with an average unit size of 968 square feet. Finishes include stainless steel ....
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