JLL arranges $1.1 Billion multi-housing portfolio transaction
United States, Sept. 15 -- JLL's Capital Markets group announced that it has arranged a $1.1 billion, 15-property, national multi-housing portfolio venture located in six states.JLL worked on behalf of the owner, Sunroad Enterprises, to capitalize the portfolio with Fairfield, who was awarded the portfolio through a targeted marketing process. Additionally, JLL also arranged $415 million in financing for 10 assets with Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo Lender. Additionally, $250 million of financing was secured from accounts managed by global investment firm KKR.The portfolio, which represents a portion of Sunroad's overall portfolio, was assembled over a six-year period. It totals ...
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