Property Acquisitions and Dispositions
NEW YORK – JLL’s Capital Markets group announced today that it has secured the $520 million capitalization for the development of Sackett Place and Society Brooklyn, an under-construction, two-tower, 21-story luxury waterfront mixed-use community with 517 multi-housing units and 10,000 square feet of retail in Gowanus, Brooklyn.
LOS ANGELES – JLL Capital Markets announced today that it has arranged financing for two trophy assets in Beverly Hills, California. JLL secured the senior notes with Wintrust Financial for 9440 Santa Monica Blvd., an approximately 92,000-square-foot, trophy, mixed-use building, and a newly constructed ultra-luxury apartment building located at 250 North Crescent Drive. Both assets are located in the famed Beverly Hills “Golden Triangle.”
The Mogharebi Group (TMG) has advised a Colorado-based private investment group on its sale of Fireside Village, a 180-unit multifamily community in Omaha, NE to ARTISAN Capital Group.