JLL Closes S125M Debt, JV Equity For Florida Student Housing

摘要

Jones Lang LaSalle arranged a partnership between The Collier Cos. and Madison International for a two-property portfolio of student housing valued at roughly $125 million. Freddie Mac provided the $86.7 million in debt for the portfolio, The Enclave and Seminole Grand, while Madison International Realty, through the vehicle of a joint venture partnership, acquired an 80 percent interest in the existing ownership entity.