Jones Lang LaSalle Incorporated : .25M financing secured for three multi-housing properties in Florida

MIAMI, June 21, 2022 - JLL Capital Markets announced today that it has closed $51.25 million in acquisition financing for a three-property multi-ho...

June 29, 2022
2:06 PM

MIAMI, June 21, 2022 - JLL Capital Markets announced today that it has closed $51.25 million in acquisition financing for a three-property multi-housing portfolio in Gainesville, Florida. JLL represented the borrower, American Commercial Realty Corp., to secure the three-year loan through Trez Capital, one of Canada's largest non-bank commercial real estate lenders that is helping to build better communities across North America. The portfolio consists of the 146-unit Cazabella Apartments, the 128-unit Camelot Apartments and the 56-unit Village 34 Apartments.

MarketScreener