JPMorgan Chase Refinances Mixed-Use Property At 950 Kings Highway In Homecrest For $11.2M

The mixed-use property located at 950 Kings Highway in the Homecrest market has undergone a refinancing transaction. The property spans a total of 37,400 square feet.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $11,175,000
• Lender: JPMorgan Chase
• Landlord: Jenel Management
• Loan Type: Refinance

In this transaction, JPMorgan Chase acted as the lender, providing a refinancing loan amount of $11,175,000. The landlord, Jenel Management, likely sought to optimize their financing by refinancing the property.