Salvation Army Lands Financing for Affordable Senior Community multihousingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multihousingnews.com Daily Mail and Mail on Sunday newspapers.
LOS ANGELES, CA, JLL Capital Markets announced today that it has secured $11.75 million in forward permanent financing for Third Thyme, a 104-unit, affordable multi-housing community in Los Angeles, California.
JLL worked on behalf of the borrower, West Hollywood Community Housing Corporation, to secure the 15-year, fixed-rate loan through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate Capital, LLC., a Freddie Mac Optigo lender.
The property is an affordable, new.
Third Thyme, a senior supportive-housing community being built in Westlake, has secured $11.8 million in permanent financing. The financing was secured by Jones Lang LaSalle Inc. on behalf of West Hollywood Community Housing Corp. The 15-year, fixed-rate loan was provided by Freddie Mac Multifamily.
$11 75M financing secured for an affordable multi-housing community in L A webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.