Property Acquisitions and Dispositions

CHICAGO – JLL Capital Markets announced today that it has closed the sale of a three-property, 470-unit and 1,152-bed student housing portfolio near Florida State University in Tallahassee, Florida.

CHICAGO, May 19, 2022 – JLL Capital Markets announced today that it has closed the sale and arranged the $37.25 million financing of Aspen Heights Starkville, a 958-bed, cottage-style, student-housing community near the campus of Mississippi State University in Starkville, Mississippi.

San Francisco, CA – JLL Capital Markets announced today that it has arranged the $8.2 million in acquisition financing for Sunnyview Village, a 58-unit, value-add, garden-style multi-housing community in Salem, Oregon.

SAN DIEGO, CA – JLL Capital Markets announced today that it has closed the $203 million construction takeout financing for Vive Luxe, a Class A, 442-unit, multi-housing community in the Kearny Mesa submarket of San Diego, California.

Los Angeles (May 25, 2022) — DB Capital Management (DB Capital) has acquired Cleo Apartments, a 142-unit multifamily community in the Lowry submarket of Denver for $38 million.

Los Angeles (May 25, 2022) — DB Capital Management (DB Capital) has acquired Cleo Apartments, a 142-unit multifamily community in the Lowry submarket of Denver for $38 million.

The 250-unit property, Verso Luxury Apartments sold to ECI Group

TruAmerica Multifamily has acquired Villas at West Road, a 240-apartment home community located in northwest Houston. With its 11th purchase in the Lone Star State, the Los Angeles-based multifamily investment firm has built its Texas portfolio to approximately 3,300 units in less than 18 months, including 900 units in the Houston MSA.

DALLAS – JLL Capital Markets announced today that it has closed the $58.3 million construction financing for The View at Sapphire Bay, a Class A, 394-unit, mid-rise multi-housing community located on the shore of Lake Ray Hubbard in Rowlett, Texas.

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