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| Kristian Lichtenfels |
JLL worked on behalf of the borrower, Resolute Real Estate, to place the 12-year, fixed-rate loan with three years of interest-only payments with a correspondent lender.
The Reserve at Ridgewood consists of one-, two- and three-bedroom apartments ranging from 854 to 1,530 square feet. All homes feature stainless steel appliances, full-size washers and dryers, screened-in patios and balconies and wood burning fireplaces.
Community amenities include a resort-style pool, expansive sundeck with cabanas, tennis court, playgrounds and a 24-hour fitness center that extends into an outdoor fitness area.
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| Eric Tupler |
The Reserve at Ridgewood is located at 7100 Roswell Road approximately 15 minutes north of downtown Atlanta near the shoreline of the Chattahoochee River.
The suburban location positions residents near major employers, including the recently opened Mercedes-Benz USA Headquarters, as well as dining, retail and outdoor recreation amenities. The property is 94% occupied.
The JLL Capital Markets team representing the borrower was led by Senior Director Kristian Lichtenfels, Senior Managing Director Eric Tupler and Director Ware Shipman.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization.
The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
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| Ware Shipman |
The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.
Contact:
Olivia Hennessey
JLL Public Relations Specialist
Phone: +1 713 852 3403
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