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JLL Capital Markets Closes Sale and Arranges Financing for 191-Unit One Glenn Place Apartment Community in Fitchburg, Wisconsin

JLL Capital Markets Closes Sale and Arranges Financing for 191-Unit One Glenn Place Apartment Community in Fitchburg, Wisconsin
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California
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University-of-wisconsin
Fitchburg
Chicago
Illinois
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JLL Capital Markets sells 191-unit multifamily community in Madison market

JLL Capital Markets sells 191-unit multifamily community in Madison market
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Wisconsin
United-states
Fitchburg
Matthew-schoenfeldt
Amanda-friant
Wick-kirby
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Real-estate-capital
Fannie-mae
Real-estate-development
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JLL closes $59 million sale of 269-unit multifamily community in Minnesota

JLL closes $59 million sale of 269-unit multifamily community in Minnesota
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Jones Lang LaSalle Incorporated : New multi-housing community near Minneapolis sells for $59M

Message : Required fields MINNEAPOLIS, July 22, 2021 -JLL Capital Markets announced today that it has closed the $59 million sale of and arranged $44.25 million in acquisition financing for The Cielo Apartments, a 269-unit, multi-housing community in the Minneapolis suburb of Fridley, Minnesota. JLL marketed the property on behalf of the seller, Trident Development. Peak Capital Partners acquired the property. Additionally, JLL worked on behalf of the new owner to secure the seven-year loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender. The Cielo Apartments comprises studio, one-, two- and three-bedroom units ranging from 586 to 1,345 square feet. The apartments feature granite or quartz countertops, modern appliances, undermount sinks and kitchen islands. The community amenities include a fitness center, game room, community room and lounges, study area and media rooms, walking paths, grilling stations

Minnesota
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Boston
Massachusetts
Mercy-hospital
Freddie-mac
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Adam-haydon
Freddie-mac-optigo
Mox-gunderson
Matt-steffen
Josh-talberg

JLL Capital Markets arranges $7.2M loan for Northpath Investments

JLL Capital Markets arranges $7.2M loan for Northpath Investments
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