Property Acquisitions and Dispositions

NEW JERSEY, Jan. 5, 2023 – JLL Capital Markets announced today that it has arranged the $88.6 million construction financing and the $38 million equity placement for Canterly Place, a 300-unit, to-be-built, Class A apartment building located in Livingston, Essex County, New Jersey.

CHICAGO – JLL Capital Markets announced that it has closed the sale of CEV Ruston, a 120-unit / 432-bed student-housing community primarily serving the 11,000 students at Louisiana Tech University in Ruston, Louisiana.

MORRISTOWN, Jan. 4, 2023 – JLL Capital Markets announced today that it has closed the $20 million construction financing for 397 Millburn Ave., a 53-unit, three-story, luxury apartment development in Millburn, New Jersey.

DALLAS – JLL Capital Markets announced today that it has secured joint venture equity for the development of Four Corners, a 404-bed / 136-unit student housing development adjacent to the University of Cincinnati.

Standard Communities, a major national affordable housing developer and investor, has led a public-private partnership that acquired a 371-unit 100% affordable housing community in Chicago, IL.

Athens, Ga., December 16, 2022: Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of The Columns at Timothy Woods, a 204-unit apartment community in Athens, Georgia.

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