JLL Secures $43.9M Fannie Mae Loan for American Commercial Realty’s Gainesville Multifamily Portfolio

Reuters
Oct 13
JLL Secures $43.9M <a href="https://laohu8.com/S/FNMAG">Fannie Mae</a> Loan for American Commercial Realty's Gainesville Multifamily Portfolio

Jones Lang LaSalle Inc. $(JLL)$ Capital Markets has arranged $43.9 million in permanent financing for the G3 Portfolio, a three-property, 330-unit multifamily development in Gainesville, Florida. Acting on behalf of American Commercial Realty Corp. $(ACR)$, JLL secured a five-year, fixed-rate Fannie Mae loan, which will be serviced by Jones Lang LaSalle Multifamily, LLC, a Fannie Mae DUS lender. The refinancing supports ACR's recently renovated portfolio, featuring modernized units and upgraded amenities.

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