JLL Brokers Secure $32.75M Acquisition Loan For 4600 Lusso Lane Build-to-Rent

The property located at 4600 Lusso Lane in Jacksonville, a Build-to-Rent asset, consists of 141 units spanning 243,687 square feet. The acquisition loan for this property amounted to $32,750,000 and was provided by Greystar.

Summary of transaction details:

• Property Type: Build-to-Rent
• Transaction Amount: $32,750,000
• Units: 141
• Square Footage: 243,687
• Address: 4600 Lusso Lane
• Market: Jacksonville
• Landlord: Casey Tischer - 360 Communities; Andrew Barbakoff - PCCP
• Brokers: Chris Drew, Matthew Putterman, Kenny Cutler & Shane Ciacci - JLL

The representatives who facilitated this deal were Chris Drew, Matthew Putterman, Kenny Cutler, and Shane Ciacci from JLL. The landlords involved in the transaction were Casey Tischer representing 360 Communities and Andrew Barbakoff on behalf of PCCP. Notably, the loan type for this transaction was specified as an Acquisition Loan.