REAL ESTATE TECHNOLOGY
Haute Residence | April 26, 2021
Haute Residence is pleased to announce the continuation of its partnership with renowned real estate agent Clara Hartree as its representative in the West Vancouver, British Columbia real estate industry. Clara is now in her second year as a member of the exclusive, invitation-only network of top real estate professionals.
For over thirty years, Clara Hartree has been selling real estate in British Columbia, Canada. During this time, she has built a strong reputation as a marketing leader and skilled negotiator. She continues to receive industry accolades for her achievements, and she is ranked in the top 1% of Realtors in Vancouver, as well as the top 100 RE/Max agents in North America. Clara's marketing strategy for her listings includes both local and foreign exposure. She works in British Columbia's Lower Mainland, which includes Vancouver, West Vancouver, and North Vancouver.
ABOUT HAUTE RESIDENCE
Haute Residence, a partnership-driven luxury real estate portal, connects its affluent readers with leading real estate experts while providing the most recent real estate news, highlighting the world's most extraordinary residences on the market, and exchanging expert tips from its insightful and seasoned real estate partners.
The invitation-only premium real estate network unites a distinguished group of top real estate agents and brokers and showcases the most extravagant properties in leading markets around the world for affluent buyers, sellers, and real estate enthusiasts.
HauteResidence has established itself as the leading news outlet for million-dollar listings, high-end residential developments, celebrity real estate, and more.
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REAL ESTATE INVESTMENT
JLL | December 02, 2021
JLL announced today that its Capital Markets group has arranged a $690 million financing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85 million square feet in high-growth markets across the United States.
JLL worked on behalf of the borrower, Blackstone Real Estate Income Trust (BREIT), to place the two-year, floating-rate, non-recourse loan with Wells Fargo Bank. The financing comprises a term loan and a revolving credit facility. Additionally, the New York Agency of Singapore-based United Overseas Bank (UOB) joined the financing, committing half of the arranged capital post-closing.
The portfolio consists of single- and multi-tenant mission-critical assets with diverse functions that include warehouse, bulk warehouse, light industrial, office, laboratory, truck terminal, data center and raw land. With an average age of 17 years, the properties feature an average clear height of 28 feet, 87 suites and 1,148 dock doors. It is more than 80% leased to industry-leading tenants with a proven history of significant tenant investment and that represent a diverse range of industries, including e-commerce, web services, pharmaceuticals and logistics.
Situated on a total of nearly 611 acres, the portfolio properties are in 10 states in high-growth, highly connected markets such as Raleigh-Durham and Greensboro, North Carolina; Boston, Massachusetts; El Paso, Texas; Atlanta, Georgia; Chicago, Illinois; Salt Lake City, Utah; and Minneapolis, Minnesota.
JLL's Capital Markets debt advisory team representing the borrower was led by Executive Managing Director Trey Morsbach, Managing Director Michael Cosby and Analysts Bo Beidleman and Ryan Pollack.
JLL's Capital Markets group 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.
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. JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 95,000 as of September 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
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REAL ESTATE INVESTMENT
Township Capital | March 03, 2022
Township Capital and Lloyd Jones announce the acquisition of Woodlands at Hillcrest; an 89-unit, 93-bed assisted living and memory care community located in Lincoln, NE.
This marks the first partnership between Township Capital and Lloyd Jones."We are proud to be a part of this new partnership with Lloyd Jones, Senior living continues to be a core sector for Township, with a growing senior population, the need for senior housing will continue to be a necessity."
Matthew Gorelik, CEO at Township Capital.
About Woodlands at Hillcrest
Woodlands at Hillcrest is the newest senior living community in Lincoln, opening its doors in 2018. The community offers modern luxury services to residents including transportation, a variety of classes and wellness programs, personal housekeeping, laundry and linen services and state-of-the-art amenities. The Lincoln market has seen high absorption, proven by Woodlands currently occupation of 94%.
About Township Capital, LLC
Township Capital, LLC is a leading co-GP real estate investment firm headquartered in Beverly Hills, CA. Founded by CEO Matthew Gorelik in 2014, the firm has experience investing across all major property types with a specialty in student housing, senior living, multifamily, and industrial.
About Lloyd Jones
Lloyd Jones LLC is a real estate investment firm with 40 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, the firm specializes in multifamily and senior housing investment, development, and management. It has recently added a hotel acquisition division. Investment partners include private and institutional investors and family offices around the world.
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