Permanent financing secured for San Diego Class A apartments
JLL arranged $33 million in permanent financing for the Cielo Apartments, a 70-unit, Class A, mid-rise multihousing property in San Diego, California.
Source: yieldpro.com
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JLL Capital Markets Arrange Acquisition Financing for 292-Unit Alexan on Ross Luxury Mid-Rise Apartment Building in Dallas, Texas
CHICAGO, IL - JLL Capital Markets announced today that it has arranged an acquisition loan for Alexan on Ross, a 292-unit, luxury, mid-rise, Class A+ multi-housing community in the growing Ross Corridor Dallas, Texas. JLL worked on behalf of the borrower, Internacional, to place the 10-year fixed-rate loan with a Northwestern Mutual. Alexan on Ross was completed in 2018 and is a highly amenitized property that includes a fitness center with strength training and cardio equipment, resort-style...
Source: multifamilybiz.com