MIAMI, FL – JLL Capital Markets announced that it has arranged $5.11 million in supplemental financing, to go with the original $45.8 million original senior loan, for Parc 3400, a 260-unit, mid-rise multi-housing property in Davie, Florida.
JLL represented the borrower, Park Partners Residential, to secure the seven-year, fixed-rate loan through Freddie Mac Multifamily. The loans will be serviced by Jones Lang LaSalle Multifamily, LLC, a Freddie Mac Optigo℠ lender.
Built in 2017, Parc.