Dream Finders Homes’ Holly Forest Amenity Center to Open Early Next Year at Silverleaf Master-Planned Community in St. Johns County, FL

Brad Muston

 ST. JOHNS COUNTY, FL – Holly Forest – a Dream Finders Homes’ neighborhood within a larger development – soon will have its own amenity center at the master-planned community of Silverleaf, off County Road 210.

 Division President Brad Muston said when the Holly Forest amenities center is completed in early 2021 it will offer a lap pool with a zero-entry, a fenced playground with a shaded sitting area, a large event lawn, and a cabana-style clubhouse.

 

“Those features are in addition to others at Silverleaf, including tennis and pickleball courts, dog parks, and numerous pools and water parks designed for adults, families and kids,” he said.

 

The 8,500-acre development that comprises Silverleaf has more than 3,500 acres of conservation and offers quick access to Interstate 95 for a 25-minute drive to historic St. Augustine or downtown Jacksonville , he added.

 

Dream Finders Homes currently has a total of 76 homesites [18 43-foot lots and 58 53-foot lots] available in Holly Forest , where prices start in the low $300,000s for plans ranging from 1,622 to 3,518 square feet of living area.

 

                    Holly Forest Amenities Center, Silverleaf Community,
                                            St. Johns County, FL

 

The one- and two-story floor homes can be built from 17 different floor plans that offer three to six bedrooms and two to three baths.

 

For more information, please visit www.dreamfindershomes.com or call 888-214-1164. 

 

 

Contacts:

 

Brad Muston, Division President

 Dream Finders Homes,

 888-214 1164

 Brad.Muston@dreamfindershomes.com

 

Caroline Marchant, Marketing Assistant,

 Dream Finders Homes,

 888-214-1164

 Caroline.Marchant@dreamfindershomes.com  

 

Beth Payan, Larry Vershel Communications

 407-644-4142 or

 407-461-3781; beth@larryvershel.com.

JLL Selected to Market Five Building 674,000-Square-Foot St. Vincent’s Medical Center Campus

  

Kellie Hill 

LOS ANGELES, CA, Nov. 20, 2020 – JLL announced today that it has been hired to assist the owner to lease and reposition the five building, 674,000-square-foot St. Vincent’s Medical Center campus in Los Angeles, California.  The campus was purchased from Verity Health in April 2020 by Dr. Patrick Soon-Shiong.

The campus includes:

• St. Vincent’s Medical Center, a 391,000-square-foot hospital building located at 2131 W. 3rd Street.  After shuttering in January, the hospital building was leased by the State of California to serve as the Los Angeles Surge Hospital for patients infected with COVID-19 as well as researching the progression of the disease. The lease to the State of California expired September 30^th.

St. Vincent’s Medical Center Campus, Downtown Los Angeles, CA

 

• 2200 W. 3rd Street, a 46,273-square-foot Class A, medical office building.

 

• 2222 Ocean View Avenue, a 34,449-square-foot medical office and life science building.

 

• 201 S. Alvarado Street, 110,003-square-foot medical and administrative office building.

 

• 262 S. Lake Avenue, a 92,927-square-foot residential building.

 

• More than 1,300 parking spaces throughout, including surface lots, a six-level parking structure and multiple subterranean garages.

 Chris Isola

JLL’s Chris Isola, Bryan Lewitt, Tony Morales and Kellie Hill are overseeing leasing at the campus. 

 

Currently the campus can immediately accommodate office or medical office users ranging from 10,000 to over 600,000 square feet.

There are immediate opportunities in the 2200 W. 3^rd Street medical building for providers seeking space from 1,000 square feet and up.

Other potential uses for the campus include healthcare, media/technology, post-acute care, rehabilitation, oncology, transitional care, behavioral health and social services, housing, life science, biotech, clinical research and higher education.

“The St. Vincent’s Medical Center campus is one of Los Angeles’ premier properties that will help boost the region’s economy and strengthen its position in the medical and life science industries,” said Chris Isola, JLL Executive Vice President. 

Bryan Lewitt

 “The 7.5-acre campus presents a rare opportunity for a company to position itself as a market leader and attract highly skilled professionals in a competitive workforce environment.”

St. Vincent’s Medical Center campus is ideally located in Downtown Los Angeles’ Westlake district just minutes from the US-101 and SR-110 Freeways, providing convenience access to neighboring communities throughout greater Southern California. 

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. 

JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. 

 Tony Morales 

JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. 

JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.

  Contacts:

Kristen Murphy

Senior Manager

 Public Relations

 Investor Services JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

 

David Ebeling

Phone: 949 861 8351

Email: david@ebelingcomm.com

  jll.com.

 

MetLife Investment Management provides $52.76 million loan for Research Triangle lab conversion

 

Martha Nay

BOSTON, MA – JLL Capital Markets announced it has arranged $52.76 million in financing for Perimeter’s Edge, a flex/office, lab-convertible portfolio totaling 341,547 square feet across four buildings in Morrisville, North Carolina.

 JLL worked on behalf of the borrower, Longfellow Real Estate Partners, to secure the five-year, floating-rate acquisition loan through MetLife Investment Management.

Greg LaBine

Loan proceeds were used to acquire the property and fund the forthcoming lab conversion. Brigitte Burkett originated the loan for MetLife Investment Management

 According to JLL Research, life sciences real estate capital markets are well positioned for relative outperformance in 2020.

 Perimeter’s Edge consists of 2450 and 2600 Perimeter, 507 Airport Boulevard and 515 McCrimmon Parkway, which are all located within Perimeter Park, one of the Research Triangle’s largest office parks comprising more than three million square feet.

This location is just minutes from Raleigh-Durham International Airport, North Carolina State University, Duke University and University of North Carolina at Chapel Hill.

Additionally, the property has superior access to Interstates 40 and 540 providing connectivity throughout the Raleigh-Durham area, which is one of the nation’s top life science markets.

 JLL’s Capital Markets team representing the borrower was led by Managing Directors Greg LaBine and Roger Edwards and Senior Director Martha Nay.

Roger Edwards 

 “This transaction is the perfect reminder that relationships matter,” LaBine added. “At the height of the pandemic when capital was scarce, the team at MetLife Investment Management was ready to support Longfellow, even during tumultuous times.

"We are pleased that MetLife Investment Management and Longfellow have renewed that relationship, and it has already fostered additional business between the two firms.” 

 “Longfellow continues to see attractive opportunities in the life science sector and having capital sources that understand our business plan and conversion strategy is crucial,” said Joe Van Saun, Partner at Longfellow Real Estate Partners.

“The JLL team has worked diligently with us over the years to foster our relationship and this latest transaction with MetLife is a testament to those efforts.”

 “Record highs in both VC and IPO funding, which pay the rent for many life science companies, should translate to robust NOI potential in the near to medium term,” added Audrey Symes, Research Director, JLL Healthcare and Life Sciences.

Audrey Symes

 “Major market going-in caps remain in a tight band, with unlevered IRRs pointing to upside scenarios.”

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

CONTACT:

Kristen Murphy

Senior Manager, Public Relations

 Investor Services JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

 www.jll.com

 info@lfrep.com