JLL Real Estate Capital Provides $302M Loan For Multifamily Portfolio In Germantown, Gaithersburg, Lake Ridge MD, Woodbridge, VA & Moody, AL

The loan for the multifamily property located at 13414 Daventry Way, 12840 Locbury Cir, 404 Christopher Ave, 12395 Midsummer Ln, 3937 Penshurst Ln, and 5050 Oaks of St. Clair Cir has been secured. The property is situated in Germantown, Gaithersburg, Lake Ridge MD, Woodbridge, VA, and Moody, AL. The loan amount is $302,000,000. The lender involved in this transaction is JLL Real Estate Capital, LLC. The landlord for the property is Carter Multifamily. The transaction was facilitated by Melissa Marcolini Quinn and Lee Weaver from JLL.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $302,000,000
• Address: 13414 Daventry Way, 12840 Locbury Cir, 404 Christopher Ave, 12395 Midsummer Ln, 3937 Penshurst Ln, 5050 Oaks of St. Clair Cir
• Market: Germantown, Gaithersburg, Lake Ridge MD, Woodbridge, VA, Moody, AL
• Lender: JLL Real Estate Capital, LLC
• Landlord: Carter Multifamily
• Brokers: Melissa Marcolini Quinn & Lee Weaver - JLL

Melissa Marcolini Quinn and Lee Weaver from JLL played a significant role in facilitating this deal. They acted as the brokers representing the parties involved in the transaction, ensuring a successful negotiation and agreement.