JLL, Chicago, sold a $387.5 million multifamily community with 408 market-rate units and 9,693 square feet of commercial space in Manhattan’s Murray Hill neighborhood.
Tag: JLL
Resiliency, Innovation Fueling Life Sciences Growth
Despite some short-term challenges, the life sciences sector is set for long-term gains, said JLL, Chicago.
Sustainability, Infrastructure Top of Mind for Data Center Operators
Sustainability and infrastructure remain the biggest concerns for data center operators, said JLL, Chicago.
Dealmaker: Natixis Provides $77M for Tennessee Multifamily Property
Natixis Corporate & Investment Banking, New York, originated $76.8 million for Overall Creek Apartments, a 384-unit Class A property in Murfreesboro, Tenn.
Dealmaker: JLL Arranges $230M For Massachusetts Life Sciences Development
JLL Capital Markets, Chicago, arranged a $230 million construction loan for 15 McGrath Highway, a speculative life sciences development totaling 262,000 square feet in Somerville, Mass.
Dealmaker: JLL Arranges $30M Senior Living Community Refinancing
JLL Capital Markets, Chicago, arranged a $29.5 million refinancing for Mirror Lake Village, a 114-unit Class A independent living, assisted living and memory care community in Federal Way, Wash.
JLL Notes Hospitality Market ‘Disconnect’
JLL, Chicago, noted a “disconnect” between hospitality fundamentals, which it called exceptionally strong for many assets, and debt markets, which have been deteriorating meaningfully.
Industry Briefs July 12, 2022: Sales Boomerang, Mortgage Coach Merge
Sales Boomerang, Owings Mill, Md., an automated borrower intelligence and retention system, and Mortgage Coach, Irvine, Calif., a platform enabling mortgage lenders to educate borrowers with interactive home loan presentations, announced their merger and appointed SaaS executive Richard Harris as CEO.
JLL: Real Estate Transparency Gap Widens in Favor of Leading Global Markets
JLL, Chicago, said while many of the world’s leading commercial real estate markets in North America, Western Europe and Australasia are becoming more transparent, most other countries struggle to maintain the pace of transparency improvement.
Multifamily Rent Growth Still Climbing
The momentum surrounding multi-housing rent growth has continued in 2022 and currently outpaces inflationary growth, reported JLL Capital Markets, Chicago.