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

13414 Daventry Way & 12840 Locbury Circle; 404 Christopher Avenue; 12395 Midsummer Lane; 3937 Penshurst Lane & 5050 Oaks of Saint Clair Circle
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This MultiFamily property located in MD received a loan of $302,000,000 over 1 year ago. The brokers of the deal were Melissa Marcolini Quinn and Lee Weaver

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.

View Related

Deals
  • Location
    13414 Daventry Way, Germantown, Maryland 20874, United States13414 Daventry Way, Germantown, Maryland 20874, United States
  • Loan Value
    $302,000,000$302,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Melissa Marcolini Quinn

Melissa Marcolini Quinn

Deals3
Financed$333.4M

Lee Weaver

Lee Weaver

Deals5
Financed$443.9M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

Deal Summary

LOAN IMAGE: Melissa Marcolini Quinn & Lee Weaver DATE: 08/15/2022 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 ASSET TYPE: Multifamily LENDER: JLL Real Estate Capital, LLC LANDLORD: Carter Multifamily BROKERS: Melissa Marcolini Quinn & Lee Weaver - JLL LOAN AMOUNT: $302,000,000  

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13414 Daventry Way & 12840 Locbury Circle; 404 Christopher Avenue; 12395 Midsummer Lane; 3937 Penshurst Lane & 5050 Oaks of Saint Clair Circle

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