Stonington Village: $41.5M Construction Financing Secured for New Mixed-Use Development in Stonington, CT

JLL Secured $41.5M in Construction Financing for New Mixed-Use Development Stonington Village in Connecticut

JLL Capital Markets announced that it has arranged a $41.5 million construction financing for Stonington Village, a 160-unit mixed-use multifamily and retail development project in Stonington, Connecticut. JLL worked on behalf of the borrower, READCO, in arranging the five-year, fixed-rate loan through Liberty Bank. Stonington Village, located at 85 Voluntown Road, will offer a mix […] The post JLL Secured $41.5M in Construction Financing for Ne…

Mixed-Use Project in Stonington Scores $41M Construction Loan

JLL Capital Markets arranged a $41.5-million construction financing for Stonington Village, a 160-unit mixed-use multifamily and retail development project in Stonington, CT. Managing director Henry Schaffer and director Madeline Joyce worked on behalf of the borrower, READCO, in arranging the five-year, fixed-rate loan through Liberty Bank. Stonington Village, located at 85 Voluntown Rd., will offer a mix of market-rate and affordable housing o…

Stonington Village: $41.5M Construction Financing Secured for New Mixed-Use Development in Stonington, CT

JLL Capital Markets facilitates loan for multifamily and retail project in southeastern Connecticut  JLL Capital Markets announced today that it has arranged a $41.5 million construction financing for Stonington Village, a 160-unit mixed-use multifamily and retail development project in Stonington, Connecticut. JLL worked on behalf of the borrower, READCO, in arranging the five-year, fixed-rate loan through Liberty Bank. Stonington Village, loca…