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Chicago & Midwest  + Downtown  + Apartments  |  October 17, 2023
Chicago-Based AMLI Residential Sells Mixed-Use Housing Asset in Texas
Jasmine Kilman
By: Jasmine Kilman

Chicago-Based AMLI Residential Sells Mixed-Use Housing Asset in Texas

JLL represented AMLI Residential, a Chicago-based developer of sustainable luxury apartment communities, as the seller of the high-rise multi-housing property AMLI Design District. The 314-unit, Class A mixed-use asset is located in Dallas, Texas.

JLL procured HASTA Capital, an international real estate investor, as a buyer and worked on behalf of the new owner to secure acquisition financing through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate Capital, LLC., a Freddie Mac Optigo℠ lender.

The JLL team included Senior Managing Directors Roberto Casas, Melissa Quinn and Lee Weaver, along with Vice President Rob Rothaug and Analyst Cristian Sieman. Director Lauren Dow and Associate Chris Grievous from the local Dallas Debt Advisory team assisted in closing the deal.  

Originally built in 2013, AMLI Design District consists of 312,806 square feet of residential space, 26,830 square feet of ground-floor retail and an expansive covered parking garage.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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