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JLL Arranges $255M Refi for Texas SFR Developer
JLL has arranged a $255 million credit facility for SimplyHome, a developer of single-family rental (SFR) properties whose holdings encompass more than 10,000 units across 100 submarkets. Colby Mueck led a JLL team that secured the credit facility though Churchill Real Estate. Upon close, the facility refinanced an initial portfolio of homes located in the Houston, Dallas-Fort Worth, San Antonio and Bryan/College Station markets.
SimplyHome is one of the largest private owners of purpose-built SFR in the country, and since inception, SimplyHome has scaled its holdings into 10,000 SFR homes across 100 different neighborhoods.
JLL has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
- ◦Financing

