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JLL Capital Markets Closes Sale of 182-Unit Brook Run Apartments and Townhomes in Chicago Suburb of Arlington Heights

CHICAGO, IL - JLL Capital Markets announced today that it has closed the sale of Brook Run Apartments and Townhomes (“Brook Run”), a 182-unit, garden-style multi-housing community in the Chicago suburb of Arlington Heights, Illinois. JLL marketed the property on behalf of the seller, Laramar Group. Redwood Capital Group acquired the asset. Brook Run comprises one-, two- and three-bedroom units averaging 936 square feet. Units offer stainless steel appliances, balcony/patios,.

JLL Capital Markets Announce Listing of 169-Unit Luxury Apartment Community in Brooklyn s Popular Williamsburg Neighborhood

CHICAGO, IL - JLL Capital Markets announced today that it is exclusively marketing for sale a seven-story, two-building luxury, 169-unit rental property at 247 North 7th St. and 248 North 8th St. in Williamsburg, Brooklyn. Constructed in 2015, the seven-story, two-building property features 108,030 rentable square feet and 169 market-rate units, including 50 studios, 91 one-bedroom units and 28 two-bedroom units. The building features a shared 85-car parking garage with valet service and.

JLL Capital Markets Arrange Acquisition Financing for 292-Unit Alexan on Ross Luxury Mid-Rise Apartment Building in Dallas, Texas

CHICAGO, IL - JLL Capital Markets announced today that it has arranged an acquisition loan for Alexan on Ross, a 292-unit, luxury, mid-rise, Class A+ multi-housing community in the growing Ross Corridor Dallas, Texas. JLL worked on behalf of the borrower, Internacional, to place the 10-year fixed-rate loan with a Northwestern Mutual. Alexan on Ross was completed in 2018 and is a highly amenitized property that includes a fitness center with strength training and cardio equipment, resort-style.

MG Properties Enters Colorado With $108M Buy

Asia Capital Real Estate Lands $43M Loan for Tampa Acquisition

Asia Capital Real Estate Lands $43M Loan for Tampa Acquisition With help from JLL Capital Markets, the company purchased a suburban garden-style property in Hillsborough County. Jun042021 Image courtesy of NorthMarq Asia Capital Real Estate has acquired Lola Apartments, a 264-unit Class A community in Riverview, Fla., in Hillsborough County. The seller, a joint venture between Lindell Investments and Investors Realty, was represented in the transaction by NorthMarq Tampa’s Investment Sales team. Working on behalf of the buyer, JLL Capital Markets secured a $42.8 million acquisition loan through lender CIT Group. Lola Apartments is located at 9960 Jonas Salk Drive, in the southeast suburban area of Tampa, Fla. The pet-friendly property features one-, two- and three-bedroom units in proportions of 45 percent, 49 percent and 6 percent, respectively, with an average unit size of 968 square feet. Finishes include stainless steel appliances, island ki

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