Wednesday, March 6, 2024

JLL Capital Markets arranges joint venture equity for the 43-unit Allesandro Apartments project in Los Angeles, CA

Jalynn Borders
  

 

Jeff Sause
LOS ANGELES, CA JLL

 Capital Markets has arranged a joint venture equity partnership for Allesandro Apartments, a to-be-built, 43-unit multi-housing project in the Echo Park neighborhood of Los Angeles, California.

 

JLL represented the Sponsor, A.J. Khair Construction, Inc., to arrange the joint venture equity partnership. Financial details were not disclosed.


The JLL Capital Markets Equity Advisory team was led by Senior Managing Director Jeff Sause, Director Chad Morgan and Analyst Jalynn Borders.

 

With an anticipated completion of 2026, the project will consist of large one- and two-bedroom units, averaging 928 square feet.


Chad Morgan
Situated at 1667 Allesandro St., the property is strategically positioned on the border of the burgeoning Echo Park and Silver Lake neighborhoods, two of Los Angeles’ densest neighborhoods nestled between Downtown and Koreatown to the south and Los Feliz to the north.

 

Contact: 

 

Jenna Sharp

JLL, Public Relations, 

Capital Markets

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com

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