JLL Capital Markets Secures $253.65 Million Loan For Multifamily Portfolio In Southeast And Mountain West

The asset involved in this transaction is a multifamily portfolio consisting of 1,317 units. The properties are located in high-growth markets, specifically Colorado Springs, Tampa, Nashville, and Atlanta. The total loan amount for the construction takeout financing arranged by JLL is $253,650,000. This financing supports newly built luxury multifamily communities within the portfolio under Origin Investments.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $253,650,000
• Units: 1,317
• Market: Colorado Springs, Tampa, Nashville, Atlanta
• Loan Type: Construction
• BROKERS: Leon McBroom, Tony Nargi, Emily Goldsberry, Lee Weaver, Anthony Sansone & Ware Shipman - JLL

The financing was coordinated by JLL Capital Markets, which facilitated the loans to refinance developments. This strategic move supports various fund vehicles, including IncomePlus, Opportunity Zone, and Growth Fund IV, focusing on regions characterized by robust employment and population growth.