JLL Secures $617 Million in Financing for Grubb Properties' Link Apartments Development
Jones Lang LaSalle (JLL) arranged a multi-tranche financing package totaling $617 million to support the development of Link Apartments 8 Carlisle, a high-rise multifamily project in Manhattan's Financial District. The funding includes a senior construction loan and mezzanine loan for capitalizing the property as part of Grubb Properties' broader portfolio consolidation strategy.

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Topics: debt financing M&A advisory multifamily development REITs