JLL arranged the financing for Preserve at Perdido, a newly constructed apartment community in Pensacola, FL

Preserve at Perdido, a 312-unit, Class AA
multi-housing complex in Pensacola, FL
 

CHICAGO, IL –  JLL Capital Markets has arranged the financing for Preserve at Perdido, a 312-unit, Class AA multi-housing complex in Pensacola, Florida. Financial details were not disclosed.

 JLL worked on behalf of the borrower, Graycliff Capital, to secure the seven-year, fixed-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo Lender.

 

Trent Niederberger

The loan was secured through the Freddie Mac’s Targeted Affordable Housing program and was one of the first Freddie Mac transactions completed with Florida’s Live Local Act initiative. Also referred to as SB 102, the Live Local Act is a tax incentive program that aims to promote the development of affordable housing in Florida.

Strategically positioned at 2600 S Blue Angel Parkway, Preserve at Perdido offers residents unparalleled access to the region's top employers, including Navy Federal Credit Union, Corry Station, Ascend Performance Materials, Baptist Health Care Corporation and the Pensacola VA Clinic. Each of these esteemed companies employs over 1,000 individuals in the Pensacola area, further enhancing the desirability of the location.

 Danté Thomas

Built in 2022, Preserve at Perdido currently boasts an impressive 93% occupancy rate. .JLL Capital Market’s Debt Advisory team representing the borrower was led by Managing Directors Trent Niederberger and Danté Thomas.

 

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 sales and 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, please visit JLL’s newsroom. 

 

CONTACT

Gréta Kieras​​​​ Senior Associate, Public Relations JLL Capital Markets 1980 Festival Plaza Drive Suite 250 Las Vegas,  NV  89135 T  +1 949 930 8498 Greta.Kieras@jll.com CA  RE license # 02111877 us.jll.com/capitalmarkets Jones Lang LaSalle Americas, Inc. a licensed real estate brokerage company. ​CA RE license #01223413

 

JLL represents Enso Logistics in new 45,000 SF industrial lease for expansion in Fullerton, CA

 

 

 

Enso Logistics, 1830 Raymer Avenue, Fullerton, CA

 FULLERTON, CA – JLL has represented Enso Logistics in a new lease for a 45,000-square-foot freestanding industrial building located at 1830 Raymer Avenue in Fullerton, California.  Enso Logistics offers comprehensive logistics solutions, integrating warehouse services, transportation management, packing, and shipping. 

 

1830 Raymer Avenue features six dock-high loading doors, three oversized grade-level doors, fenced yard area, fire sprinkler system, and a new roof. The building is ideally located just minutes to the I-5, 91, 57, and 605 freeways, providing convenient access to neighboring communities. 

Xavier Nolasco

JLL’s Senior Vice President Xavier Nolasco represented the Enso Logistics in the lease.  The landlord, LBA Realty, was represented by CBRE.  

 

“Despite some softening in Orange industrial leasing, the market remains one of the strongest in the United States,” said Nolasco.  “We continue to see moderate demand from a wide range of firms including logistics, aerospace, and automotive.”

 

Nolasco went on to say, “According to JLL’s Q2 2024 Orange County Industrial Outlook, vacancy currently sits at 4.6 percent with rents sliding slightly.”

  

Contact:

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

jll.com.

 

Lee & Associates South Florida Welcomes Accomplished Commercial Real Estate Broker Team

Sebastian Misiewicz

MIAMI, FL – Lee & Associates South Florida made another significant addition to its expanding roster of talented commercial real estate brokers with the arrival of a team led by new Principal Sebastian Misiewicz. The industry veteran is joined by Associate Ethan Amar.

 

The brokers will split time between the firm’s Miami and Deerfield Beach offices.

 

Before Lee & Associates South Florida, Misiewicz was a Senior Associate at CBRE. His impressive career also includes a productive tenure with Marcus & Millichap.

 

“We are thrilled to bring Sebastian and Ethan into the fold of our growing team,” Lee & Associates South Florida President Matthew Rotolante said. “Since 1979, Lee agents have been incentivized to work harder, smarter and longer than their competitors due to the ability to receive premier resources and support, while also enjoying a larger portion of the commissions they earn through our profit share structure. 

 

"I am confident Sebastian’s clients will appreciate the extra attention they will receive from our office, and the greater returns that accompany our unique operational philosophy and structure that lets us dedicate more time, money and resources to the marketing of their properties.”

 Ethan Amar

At CBRE, Misiewicz played a pivotal role in closing nearly $1 billion in commercial real estate sales alongside the South Florida Capital Markets team. At Marcus & Millichap, he specialized in the acquisition and disposition of office and industrial properties, particularly within Miami-Dade County. 

During his time with Marcus & Millichap, Sebastian was instrumental in helping the Silver Group close almost $500 million in commercial real estate assets, establishing the team as one of the most competitive in the region.

 

Misiewicz attended the University of Gdansk in Poland.

 

 Teammate Ethan Amar was previously at NNN Capital, where he was responsible for conducting comprehensive research and analysis on commercial real estate trends, including property values, rental rates and market vacancies.

 

Matthew Rotolante 

He also supported the creation and maintenance of databases to monitor market trends, property transactions and competing activities, demonstrating his adaptability and initiative in a dynamic work environment.

Amar earned his bachelor's degree in Business Administration and Management from the University of Central Florida.

 

. For the latest news from Lee & Associates South Florida, please visit leesouthflorida.com or follow us on Facebook, LinkedIn, Twitter and Instagram, our company local news.

 

For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.

 

 

CONTACT:

 

Eric Kalis

Senior Vice President

ekalis@boardroompr.com

C 305-794-5123

O 954-370-8999

Web | Facebook | Instagram | LinkedIn

  

JLL Capital Markets represented RedPeak Properties in originating a $51 million Fannie Mae loan for a newly remodeled complex in Denver, CO

 

Elowyn Townhomes, a 211-unit townhome
community in southwestern Denver, CO

 DENVER, CO –  JLL Capital Markets  has secured a $51.116 million financing for Elowyn Townhomes, a 211-unit townhome community in southwestern Denver, Colorado.

 

JLL worked on behalf of the borrower, RedPeak Properties, to originate the five-year, fixed-rate, full-term interest only Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC.

 

“RedPeak did an absolutely tremendous job in fully renovating this very unique 1975 vintage asset that offers large units with new finishes throughout, full basements and private back yards.  JLL is thrilled to be involved in this financing with such a great local owner and operator,” said Tony Nargi.

Tony Nargi

Situated at 4725 W Quincy Ave, Elowyn Townhomes boasts a prime location that offers convenient access to RTE-286, US-85 and I-25. 

Positioned just a few miles southwest of the Denver CBD, residents of this community enjoy proximity to the Denver Tech Center, Denver's largest employment hub.

 Being the most populous city in Colorado, Denver's multifamily market is showing signs of stability and growth.

 The vacancy rate stands at 5.55%, with 9,349 units absorbed in the past year. Rent growth has slowed due to increased supply, but still experienced 1.20% year-over-year growth. 

The construction pipeline is shrinking, and investor demand is rebounding. In the West Denver Submarket, which offers an affordable alternative to downtown, net absorption remains elevated with a vacancy rate of 5.31%. This area is attracting young professionals and families with its proximity to downtown and a vibrant mix of amenities.

Eric Tupler

JLL Capital Market’s Debt Advisory team representing the borrower was led by Managing Director Tony Nargi and Executive Managing Director Eric Tupler.

 

For more news, videos and research resources, please visit JLL’s newsroom. 

 

CONTACT:

Gréta Kieras,

Senior Associate,

 Public Relations

Phone: +1 949 930 8498  

Email: greta.kieras@jll.com

 

 

Record-Breaking $70 Million Sale Sets New Benchmark for Fort Lauderdale, FL Luxury Residential Real Estate

Michelle Howland

Fort Lauderdale, FL –– Fort Lauderdale's reputation as a premier luxury real estate market is cemented by the sale of a stunning waterfront estate for a record-breaking $70 million. 

5 Harborage Isle, Fort Lauderdale, FL

Located at 5 Harborage Isle at the intersection of the Intracoastal and the New River, the estate offers 1,035 linear feet of waterfront and boasts two homes on 2.7 acres of land. The 20,000 sq ft main residence features six bedrooms,11 bathrooms and a seven-car garage while the guest house offers four bedrooms, 4.5 bathrooms and a three-car garage.

 

The new owner plans to re-do the main estate for a new, more modest home to be built on the property.

 Tim Elmes

The Elmes Group of Compass Florida represented the buyer in this historic transaction, while Michelle Howland, LLC represented the seller in the original purchase and sale of the estate.

 

Notably, The Elmes Group has brokered the sale of this property six times since 1990.

 

“We are thrilled to have been involved in these record transactions over the years,” said Tim Elmes of The Elmes Group. “This home is truly one-of-a-kind, offering unparalleled luxury and privacy.” 

 

The seller, financier and philanthropist Donald Sussman, purchased the home in 2016 for a then-record-breaking $27.5 million. “It’s a very special property,” said Sussman. “It’s heartening to know that it will be well-stewarded by its new owners.”

 

As Fort Lauderdale continues to attract discerning buyers from around the world, this record-breaking sale further solidifies its position as a leading luxury real estate market. 

Donald Sussman

"Fort Lauderdale's status as a sought-after destination for affluent buyers is cemented by this extraordinary sale,” said Elmes. “The city's capacity to provide an exceptional level of luxury and sophistication is evident in its ability to attract such high-profile transactions."

 

The Elmes Group has multiple other properties available between $2 million and $50 million and have been negotiating multiple all cash offers on a couple of homes between $40 and $50 million range, indicative of strong continued demand in the Fort Lauderdale luxury space.

 

CONTACT:

Jessica Shein

Account Director

jshein@boardroompr.com

C 954-817-9389

O 954-370-8999

Web | Facebook | Instagram | LinkedIn