CHICAGO, IL - JLL Capital Markets announced today that it handled the $70.8 million sale of The Jamison, a luxury, newly developed apartment community located in Kissimmee, Florida.
JLL represented the seller, Debartolo Development LLC and Upshot Capital Advisors, LLC, in the sale to Lexin Capital, LLC, a private investor based in New York.
Completed in 2020, The Jamison totals 334,215 square feet and consists of 315 studio, one-, two- and three-bedroom units. The property comprises seven residential buildings with seven garage buildings for parking and a clubhouse. Boasting luxury market-leading finishes, all units are equipped with smart home technology, stainless steel appliances, granite countertops and screened-in balconies or solariums. Community amenities include a swimming pool with cabanas and the clubhouse, which includes game rooms and a fitness center. Additionally, the property is pet-friendly, offering indoor and outdoor grooming stations and a dog park.
The Government Promised to Return Ancestral Hawaiian Land, Then Never Finished the Job ProPublica 12/19/2020
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This story was co-published with the Honolulu Star-Advertiser, a member of the ProPublica Local Reporting Network.
Twenty-five years ago, the state of Hawaii and the U.S. government promised Native Hawaiians to correct a historic wrong.
Public agencies had occupied thousands of acres intended to return Native people to their ancestral lands, paying little or no compensation for decades as the sites were used for military bases, game preserves, schools and other purposes. In 1995, state and federal legislation pledged to provide reparations.