Property Acquisitions and Dispositions

MINNEAPOLIS – JLL Capital Markets announced today that it has closed the $8 million sale of Highland Chateau, a 60-unit, 1972-built multi-housing community located in the high demand city of Duluth, Minnesota.

WASHINGTON, D.C. – JLL Capital Markets announced today that it closed on the sale of The Shay, a 245-unit, best-in-class multi-housing community located in the highly sought-after Shaw neighborhood of Washington, D.C.

SEATTLE – JLL Capital Markets announced today that it has arranged the acquisition financing for 303 Flats, a Class A, 138-unit / 431-bed, mid-rise student housing community located at the University of Tennessee in Knoxville.

SEATTLE – JLL Capital Markets announced today that it has arranged the acquisition financing for 303 Flats, a Class A, 138-unit / 431-bed, mid-rise student housing community located at the University of Tennessee in Knoxville.

DENVER – JLL Capital Markets announced today that it has secured construction financing for The Hunter, a 214-unit, Class A multi-housing project located in Colorado Springs’ New South End neighborhood, one of the area’s fastest growing submarkets.

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.

DALLAS – JLL Capital Markets announced today that it closed the sale of Vue on MacGregor, a 117-unit / 347-bed student housing community near the University of Houston, the third largest university in Texas.

NEW JERSEY – JLL Capital Markets announced today that it has secured the $97.25 million financing for Vinty, a 267-unit, Class A, mixed-use development in Elizabeth, New Jersey.

MORRISTOWN – JLL Capital Markets announced today that it has closed the $77 million construction financing for Atlantica at Daytona, a 341-unit, luxury, garden-style multi-housing development in Daytona Beach, Florida.

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.”

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