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JLL Secures $55M in Financing for Luxury BTR Townhome Development Park5 in Deerfield Illinois

Summary by Yield PRO
JLL Capital Markets announced that it has arranged a $45.7 million construction financing and a $9.9 million mezzanine financing for Park5 Luxury Rental Townhomes, a 144-unit core BTR development located at 5 Parkway N in Deerfield, Illinois. JLL worked on behalf of the borrower, VennPoint Real Estate, to secure the senior construction financing through Bank […] The post JLL Secures $55M in Financing for Luxury BTR Townhome Development Park5 in …
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JLL Secures $55M in Financing for Luxury BTR Townhome Development Park5 in Deerfield Illinois

JLL Capital Markets announced that it has arranged a $45.7 million construction financing and a $9.9 million mezzanine financing for Park5 Luxury Rental Townhomes, a 144-unit core BTR development located at 5 Parkway N in Deerfield, Illinois. JLL worked on behalf of the borrower, VennPoint Real Estate, to secure the senior construction financing through Bank […] The post JLL Secures $55M in Financing for Luxury BTR Townhome Development Park5 in …

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Yield PRO broke the news in on Friday, March 21, 2025.
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Deerfield, Illinois

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