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JLL Funds $57M for 4-Asset SoCal MF Portfolio
JLL Capital Markets funded $56.73 million for a four-property multi-housing portfolio encompassing assets sized from 16 to 69 units in Los Angeles County. The loan amounts ranged from $5.845 to $24.05 million.
JLL originated the 10-year, 2.29% fixed-rate Fannie Mae loan. The record loan rate financing was delivered on behalf of an unnamed Los Angeles-based private borrower. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender.
The JLL Capital Markets team representing the borrower was led by Marc Schillinger, Keith Rosso and Eric Boucher.
Schillinger says, “Record rates in record timing is the name of the game these days, and we’d also like to thank our partners at Fannie Mae for a successful transaction.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing




