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.
Tag: JLL
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.
Competition for Port Market Industrial Real Estate Heats Up
JLL, Chicago, reported port markets are emerging as the best bet for industrial real estate investors to place capital due to their positive rental growth profile.
Private Investors Look To Retail Sector
Private investors are acquiring larger and more expensive retail assets as the sector’s recovery continues.
JLL: Real Estate Investment Hits Record, But Headwinds Emerge
JLL, Chicago, said commercial real estate investment saw a record start to 2022 as investors put pandemic restrictions behind them. But several factors point to increased uncertainty going forward.
Decarbonizing Cities and Real Estate
City governments are setting rules to move to a net-zero economy. But their ambitious sustainability targets won’t be achieved without an active program to significantly reduce emissions from buildings, said JLL, Chicago.