HOUSTON, TX – JLL Capital Markets has closed the sale of and arranged the acquisition financing for Chamberlain Pines, a 132-unit single-family rental community in the Charleston, South Carolina suburb of Summerville. Financial details were not disclosed.
Matthew Putterman |
The
JLL Capital Markets Investment Sales Advisory team was led by Managing
Directors Matthew Putterman, Zach Nolan and Chris Shea and Executive Managing
Director Lee Allen. Senior Managing Director Matt Kafka, Director
Laura Sellingsloh and Managing Director Chip Sykes of JLL Capital
Markets Debt Advisory team represented the buyer.
Zach Nolan |
Chamberlain Pines is located 24
miles northwest of Charleston.
The historic downtown district
of Summerville is home to boutiques, restaurants, coffee shops, bars and other
attractions.
Offering immediate access to
top employers, the property is within a 10-mile radius of over 31 million
square feet of industrial space and is proximate to the nationally ranked port
facilities in Charleston.
Chris Shea |
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 and sales advisory, debt advisory, equity advisory or a
recapitalization.
The firm has more than 3,000 Capital Markets
specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on
JLL, please visit our newsroom.
About Blaze Capital Partners
Blaze Capital Partners is a rental housing
investment and development firm driven by a simple but unusual mission:
Creating homes for how people live and how they want to live.
With a human-first approach fueled by
demographic and psychographic research, Blaze owns and operates exceptional
communities in high-growth markets throughout the Sunbelt.
Headquartered in Charleston, South Carolina, Blaze offers a full
suite of investment services, ranging from research and acquisitions to
development and asset management.
Matt Kafka |
About Cross Lake Partners
Cross Lake Partners is an independent, privately held real estate investment management firm with approximately $1 billion in assets under management.
Cross Lake Partners pursues a value driven, disciplined approach to investing in the growth markets of the U.S.
The Firm
was established in 2018 by Michael Barr and Jonathan Shumaker. The
founders have worked together since 2004 and collectively have more than 40
years of real estate investing experience across a broad array of real estate
asset classes.
Chip Sykes |
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.
JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of September 30, 2022.
JLL is the
brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
Contact:
Jenna Sharp
JLL Associate
Public Relations
Phone: +1 214 394 3356
Email: Jenna.Sharp@am.jll.com
No comments:
Post a Comment