US EditionJLL Arranges $124M in Equity, Construction Financing for Luxury Apartment Project in Wheaton, Illinois
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JLL Arranges $124M in Equity, Construction Financing for Luxury Apartment Project in Wheaton, Illinois
WHEATON, ILL. — JLL Capital Markets has arranged joint venture equity and construction financing totaling $124 million for The Faywell, a 334-unit luxury apartment project in downtown Wheaton. Matthew Schoenfeldt and Mary Dooley of JLL worked on behalf of Banner Real Estate Group to identify an institutional joint venture partner and also arranged $84 million in construction financing through PNC Bank. The transit-oriented development will offer…
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