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4501 Mixson Avenue
FINANCED

JLL Income Property Trust Funds $48M Loan For Link Apartments Mixson

4501 Mixson Avenue

MultiFamily
clock iconFinanced 48 days ago
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Summary

Loan
SOUTH CAROLINA
MultiFamily

The 358-unit Link Apartments Mixson in North Charleston, S.C., located at 4501 Mixson Avenue, secured a senior financing of $48 million from Allan Swaringen of JLL Income Property Trust. This loan transaction resulted in a total loan book extension of $100 million for JLL Income Property Trust.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $48,000,000
  • Units: 358
  • Lender: Allan Swaringen - JLL Income Property Trust
  • Market: North Charleston, SC

JLL Income Property Trust played a significant role in expanding its loan book by providing financing for the Link Apartments Mixson in North Charleston, S.C. Allan Swaringen, from JLL Income Property Trust, facilitated the $48 million senior financing for this multifamily property consisting of 358 units at 4501 Mixson Avenue. The loan amount contributed to the overall growth and investment strategy of JLL Income Property Trust, reflecting its continued presence in the real estate lending market.

Details

Deal Summary
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FINANCED
IMAGE: 03/21/2024 ADDRESS: 4501 Mixson Avenue MARKET: North Charleston, SC ASSET TYPE: Multifamily ~ UNITS: 358 LENDER: Allan Swaringen - JLL Income Property Trust LOAN AMOUNT: $48,000,000 NOTE: JLL Income Property Trust extends $48 million senior financing for the 358-unit Link Apartments Mixson in North Charleston, S.C., expanding its loan book to $100 million.

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Address4501 Mixson Avenue

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