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Jones Lang LaSalle Incorporated : Orlando multi-housing land sale closes for $6 25M

JLL Capital Markets Executes Sale of 315-Unit The Jamison Luxury Apartment Community in Kissimmee, Florida for $70 8 Million

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. 

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