Boylston Properties, Boston, and J.P. Morgan Global Alternatives, New York, closed a $150 million loan from Northwestern Mutual to refinance 100 Forge, a life science building in Watertown, Mass.
Tag: JLL
Dealmaker: JLL Secures $190M in Refinancing for Boston-Area Retail Center
JLL Capital Markets, Chicago, arranged $190 million in first mortgage refinancing led by Wells Fargo and Truist for Legacy Place, a grocery-anchored retail center in Dedham, Mass.
Dealmaker: JLL Arranges $220M Multifamily Recapitalization
JLL Capital Markets, Chicago, arranged $219.9 million to recapitalize Landmark South, a 631-unit mid-rise multifamily community in Doral, Fla.
Industry Briefs May 16, 2023: FHFA Requests Input on GSEs’ Single-Family Pricing Framework
LenderLogix, Buffalo, N.Y., announced its streamlined point-of-sale LiteSpeed now offers a Spanish version of the residential loan application to support communication with Spanish-speaking borrowers in their native language.
Dealmaker: JLL Arranges $350M Capitalization for New York Residential Tower
JLL, Chicago, arranged a $350 million debt and equity capitalization to develop The Italic, a 363-unit luxury mixed-use community in Long Island City, N.Y.
Banking, Financial Services Set to Become Largest Investors in AI
The real estate finance industry has long suffered a reputation for lagging other sectors in technology adoption. That perception could soon change, said JLL, Chicago.
Green Leases Drive Decarbonization
As real estate occupiers face increased pressure to lower their carbon footprint and investors seek to green their portfolios, so-called “green leases” benefit both parties while also decarbonizing real estate, reported JLL, Chicago.
Dealmaker: JLL Arranges $375 Million for Retail, Industrial, Multifamily
The JLL Capital Markets Group arranged nearly $375 million in financing for a retail center in New Jersey; and industrial portfolio in Georgia; and a multifamily property in Texas.
JLL: Cloud Computing, AI Drive Data Center Growth
The mass adoption of cloud computing and artificial intelligence is driving “exponential” growth for data centers, reported JLL, Chicago.
Dealmaker: JLL Arranges $39M for New Jersey Warehouse Acquisition
JLL Capital Markets, Chicago, arranged $39 million in acquisition financing for 333 North Street, a warehouse and distribution facility totaling 221,448 square feet in Teterboro, N.J.