DENVER, CO - JLL Capital Markets announced today that it has arranged $55.18 million cashout refinancing for The Iris, a 276-unit, garden-style apartment complex in the Denver suburb of Arvada, Colorado.
JLL worked on behalf of the borrower, VareCo, to secure the fixed-rate, ten-year, full-term, interest-only, Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender.
Constructed in 1970 and renovated in 2022, the six-building, three-story community.
DENVER, Jun. 21, 2023 - JLL Capital Markets announced today that it has arranged $55.18 million cashout refinancing for The Iris, a 276-unit, garden-style apartment complex in the Denver suburb of Arvada, Colorado. JL.
LAHORE: The government has approved a Rs7bn project to make the Maulana Shaukat Ali Road signal free, connecting the Lahore Orange Line Metro Train (Multan Road) with the Metro Bus (Green Line) on the Ferozepur Road.
The proposal of the Lahore Development Authority (LDA) claims that the project would not only reduce the travel time from Kharak Stop (Multan Road) to Qainchi (Ferozepur Road) from 45 minutes to 15 minutes but it would also improve the environment in the localities along the road.
“The proposal to make the road a signal-free corridor has been approved recently. Soon it will materialise through the PC-1, bidding and launch of this mega project,” said LDA Chief Engineer Mazhar Hussain Asif. He added the project would cover about a 15km long major artery of Lahore.
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