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$71.55M in financing secured for Chicago-area multi-housing property – REJournals

$71.55M in financing secured for Chicago-area multi-housing property – REJournals
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JLL Capital Markets Group Secures $51.25 Million in Financing for Three Property Multifamily Portfolio in Gainesville, Florida

MIAMI, FL - JLL Capital Markets announced today that it has closed $51.25 million in acquisition financing for a three-property multi-housing portfolio in Gainesville, Florida.
JLL represented the borrower, American Commercial Realty Corp., to secure the three-year loan through Trez Capital, one of Canada’s largest non-bank commercial real estate lenders that is helping to build better communities across North America.
The portfolio consists of the 146-unit Cazabella Apartments, the. ....

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JLL Capital Markets Group Arranges $5 Million in Supplemental Financing for 260-Unit Parc 3400 Apartment Community in South Florida

MIAMI, FL – JLL Capital Markets announced that it has arranged $5.11 million in supplemental financing, to go with the original $45.8 million original senior loan, for Parc 3400, a 260-unit, mid-rise multi-housing property in Davie, Florida.
JLL represented the borrower, Park Partners Residential, to secure the seven-year, fixed-rate loan through Freddie Mac Multifamily. The loans will be serviced by Jones Lang LaSalle Multifamily, LLC, a Freddie Mac Optigoâ„  lender.
Built in 2017, Parc. ....

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