SAN DIEGO, CA - JLL Capital Markets announced today that it has arranged the $10.6 million refinancing of Azul Luxury Residences, a 49-unit multi-housing community located in Stuart, Florida.
JLL worked on behalf of the borrower, Diversyfund, to secure a $9 million senior mortgage loan and a $1.6 million mezzanine loan through SteepRock Capital.
Built in 2019, the three-story Azul Luxury Residences features one-, two- and three- bedroom spacious units with 10-foot ceilings, balconies, walk-in.
SAN DIEGO, Sep. 25, 2023 - JLL Capital Markets announced today that it arranged the $40 million acquisition financing for Alligood Industrial Park, a newly-delivered, two-building,.
The Hobart, a 39-unit Class A mid-rise multifamily property located in the heart of Koreatown, has received $16.7 million in construction take-out a permanent loan to pay off the balance of a former short-term construction loan.
SAN DIEGO, Aug. 9, 2023 - JLL Capital Markets announced today that it has arranged the $16.7 million construction takeout financing for The Hobart, a 39-unit, Class A mid-rise.
SAN DIEGO, CA - JLL Capital Markets announced today that it has closed the $13.1 million acquisition financing for The Independent, a Class A, 61-unit multi-housing asset located in Sand City, California within Monterey County.
JLL marketed the property on behalf of the borrower, Diversyfund, to secure a fixed-rate loan through a life insurance company.
Built in 2008 and renovated in 2014, The Independent offers a mix of modern studios, one-bedroom and two-bedroom units with stainless steel.