Friday, January 17, 2020

JLL arranges financing for Katy, TX multi-housing community


Hilltop Residential is situated on 14.44 acres along Grand Parkway                      in the Houston, TX suburb of Katy, TX 

HOUSTON, TX – JLL Capital Markets announced it has arranged acquisition financing for a multi-housing community located in the Houston-area suburb of Katy, Texas.

JLL worked exclusively on behalf of Hilltop Residential to arrange the four-year, floating-rate acquisition loan through a national bank.

The community is situated on 14.44 acres along Grand Parkway. Completed in 2013, the community consists of a mix of one-, two- and three-bedroom homes averaging 933 square feet. 

Cortney Cole

Units feature stainless steel appliances, granite countertops, kitchen islands, nine-foot ceilings, wood-style flooring and private balconies. 

Community amenities include a resort-style pool, clubhouse, 24-hour fitness center, business center, resident long with TV and coffee bar, and lighted dog park with fountain. The community is zoned to top-rated Katy Independent School District campuses.

The JLL Capital Markets debt placement team representing the borrower was led by Managing Director Cortney Cole.

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 Senior Associate
 Public Relations
Phone: +1 713 852 3403


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