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JLL Arranges $80.5M Refi for Multifamily in Eugene
JLL arranged the $80.5 million refinancing of Chase Village, a 536-unit, garden-style multi-housing community located at 375 Marche Chase Drive in Eugene, Oregon.
The JLL Capital Markets Debt Advisory team was led by Managing Director Jake Wisness and Associate Jake Davidson, who worked on behalf of the borrower, Horizon Realty Advisors, to secure the five-year loan through Freddie Mac Multifamily.
“In today’s capital markets environment, Freddie Mac continues to offer accretive financing with flexible interest rate buydown options that give borrowers competitive pricing relative to other capital sources,” said Wisness. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo lender.
Built in 1990, Chase Village features one-, two- and three-bedroom units. Community amenities include a swimming pool, basketball court, an updated fitness center, outdoor lounge spaces, a basketball court, a grilling area and a car wash area.
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