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JLL Secures $11.85M for Seattle Multi-Housing Project
JLL has arranged the $11.85 million refinancing of J.G. Whittier, a newly constructed, 54-unit, mid-rise apartment community located in the Ballard neighborhood of Seattle, Washington.
JLL worked on behalf of the borrower, FFV Crown Hill, LLC., to secure the five-year, fixed-rate loan through National Life Group. The team was led by senior director Seth Heikkila and associate Steve Petrie. Completed in 2023, J.G. Whittier consists of studio, one- and two-bedroom apartment homes. The property also features 2,819 square feet of retail space on the ground floor.
J.G. Whittier is located at 7750 15th Avenue NW, just northwest of downtown Seattle. The community offers convenient access to South Lake Union and its numerous employment opportunities, as well as bars and restaurants. There are over 4.9 million square feet of retail within a two-mile radius of the property.
