CHICAGO, IL - JLL Capital Markets announced today that it has closed the $99.5 million financing of The Elle, a 496-unit, trophy, high-rise multi-housing community in the South Loop submarket of Chicago, Illinois.
JLL worked on behalf of the borrower to secure the seven-year, fixed-rate loan through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender.
Constructed in 2018 and spanning 34 stories, The Elle features luxurious studio,.
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