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JLL Arranges $1.1B, 15-Property Multifamily Portfolio Recapitalization
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JLL Arranges $1.1B, 15-Property Multifamily Portfolio Recapitalization
SAN DIEGO — On behalf of Sunroad Enterprises, JLL Capital Markets has arranged a $1.1 billion venture with Fairfield to capitalize a 15-property multifamily portfolio that spans six states. JLL also arranged $415 million in financing with Freddie Mac for 10 assets. The loan will be serviced by JLL Real Estate Capital, a Freddie Mac Optigo Lender. Additionally, $250 million of financing was secured from accounts managed by KKR. The assets, which …
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