Property Acquisitions and Dispositions

MIAMI – JLL Capital Markets announced today that it arranged $38 million in construction financing for GroveParc Townhomes, a 190-unit, Class A build-to-rent development located in Wesley Chapel, Florida (Tampa MSA).

SAN FRANCISCO – JLL Capital Markets announced today that it closed on the sales of three value-add, garden-style multi-housing assets in Silicon Valley, including the 72-unit Appletree in Campbell, California, the 68-unit Vista Pointe and 50-unit Cedartree in Santa Clara, California, for a total of approximately $70 million.

MINNEAPOLIS – JLL Capital Markets announced today that it has closed the $3.65 million sale of Irving School Apartments, a historic, 44-unit, 1895-built multi-housing community located in Duluth, Minnesota.

DENVER – JLL Capital Markets announced today that it has arranged $55.18 million cashout refinancing for The Iris, a 276-unit, garden-style apartment complex in the Denver suburb of Arvada, Colorado.

MORRISTOWN – JLL Capital Markets announced today that it arranged a $49.7 million construction loan for Highgate at Livingston ("Highgate"), a 169-unit, mid-rise, Class A, luxury apartment development located in Livingston, New Jersey.

MORRISTOWN – JLL Capital Markets announced today that it arranged a $49.7 million construction loan for Highgate at Livingston ("Highgate"), a 169-unit, mid-rise, Class A, luxury apartment development located in Livingston, New Jersey.

HOUSTON – JLL Capital Markets announced today that it arranged a $255 million credit facility for single-family rental homes located across Texas. Upon close, the facility refinanced an initial portfolio of homes in Houston, Dallas-Fort Worth, San Antonio and Bryan/College Station.

LOS ANGELES, July 17, 2023 – JLL Capital Markets announced today that it has secured $11.75 million in forward permanent financing for Third Thyme, a 104-unit, affordable multi-housing community in Los Angeles, California.

HOUSTON, Jul. 18, 2023 – JLL Capital Markets announced today that it has closed the sale of Uptown Plaza, a 28,000-square-foot neighborhood strip retail center located in the prime retail corridor of Houston, Texas.

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