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| British Woods is located at 301 Briarcliff Avenue, approximately 20 miles northwest of downtown Knoxville, TN |
CHICAGO, IL – JLL Capital
Markets announced it has arranged a $10.296 million refinancing for British
Woods, a 130-unit multi-housing community in Oak Ridge, Tennessee.
JLL
worked on behalf of the borrower, MZ Capital Partners, to secure the 10-year,
fixed-rate loan through Freddie Mac. The loan will be serviced by Holliday
Fenoglio Fowler LP, a JLL company and a Freddie Mac Optigo℠ lender.
British Woods is located at 301 Briarcliff Avenue
approximately 20 miles northwest of downtown Knoxville.
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| Matthew Schoenfeldt |
The recently revitalized property is positioned
on a 10-acre site close to West Knoxville, The Oak Ridge National Labs and the
Y-12 National Security Complex.
British
Woods offers one-, two- and three-bedroom layouts in both townhome and
garden-style homes.
Amenities at the 98%-leased, pet-friendly community include
a swimming pool, fitness center, clubhouse, bark park and nearby walking and
biking trails.
The JLL Capital Markets team representing the borrower
was led by Managing Director Matthew Schoenfeldt.
“The principals of MZ Capital Partners have a proven formula for
adding value and enhancing communities,” Schoenfeldt said. “British Woods is a
shining, flawlessly-executed example of this strategy.”
For more news, videos and research resources on JLL, please visit
the firm’s U.S. media center Web page: U.S. newsroom.
CONTACT:
Kristen Murphy
JLL Senior Manager
Public
Relations
Phone: +1 617 848 1572
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