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JLL Secures $55.6M in Financing for Luxury Build-to-Rent Development in Deerfield, Illinois

Summary by REBusinessOnline

DEERFIELD, ILL. — JLL Capital Markets has secured a $45.7 million construction loan and a $9.9 million mezzanine loan for Park5 Luxury Rental Townhomes, a 144-unit build-to-rent community in the northern Chicago suburb of Deerfield. Located just west of I-94, Park5 will feature two- and three-bedroom townhomes averaging 1,953 square feet with two-car attached garages and private yards. Matthew Schoenfeldt and Mary Dooley of JLL secured the senio…

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REBusinessOnline

JLL Secures $55.6M in Financing for Luxury Build-to-Rent Development in Deerfield, Illinois

DEERFIELD, ILL. — JLL Capital Markets has secured a $45.7 million construction loan and a $9.9 million mezzanine loan for Park5 Luxury Rental Townhomes, a 144-unit build-to-rent community in the northern Chicago suburb of Deerfield. Located just west of I-94, Park5 will feature two- and three-bedroom townhomes averaging 1,953 square feet with two-car attached garages and private yards. Matthew Schoenfeldt and Mary Dooley of JLL secured the senio…

12 days ago

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REBusinessOnline broke the news in 12 days ago on Monday, March 24, 2025.

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