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SAN ANTONIO, TX – JLL Capital Markets announced today that it has closed the $32.125M construction financing for the development of The Virginia, a 198-unit market-rate multi-housing project located in Seguin, Texas. JLL represented the borrower, Periscope Capital Investment and Verdot Capital, to secure the 15-year, floating-rate loan through a regional bank. With an anticipated completion in 2024, the three-story project will offer one-, two- and three-bedroom units, averaging 892...

Periscope Capital Investment and Verdot Capital have secured $32.1 million in construction financing for a 198-unit community in Seguin, Texas.

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...