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JLL Capital Markets Group Secures $18.239 Million in Financing for 358-Unit Cambridge Estates Affordable Housing Community

DENVER, CO - JLL Capital Markets announced today that it has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, Indiana. Approximately 41% of the units are covered by a long-term Project-Based Section 8 Housing Assistance Payments (HAP) contract.
JLL represented the borrower, Brikwell, to secure the fixed-rate loan through Freddie Mac Multifamily. JLL and Freddie Mac were able to craft a structure that. ....

United States , Purdue University , Freddie Mac , Max Bresner , Brock Yaffe , Tony Nargi , Freddie Mac Optigo , Brandywine Court , Real Estate Capital , Cambridge Estates , Project Based Section , Assistance Payments , Estate Capital , Subaru Lafayette Auto Plant , Markets Debt Advisory , Managing Directors Brock Yaffe , Director Nelson ,

JLL Capital Markets provides more than $18 million in financing for 358-unit apartment complex in Indiana – REJournals

JLL Capital Markets provides more than $18 million in financing for 358-unit apartment complex in Indiana – REJournals
rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.

Purdue University , United States , Freddie Mac , Brock Yaffe , Tony Nargi , Freddie Mac Optigo , Brandywine Court , Real Estate Capital , Cambridge Estates , Project Based Section , Assistance Payments , Estate Capital , Subaru Lafayette Auto Plant , Markets Debt Advisory , Managing Directors Brock Yaffe , Director Nelson ,