JLL Arranges Sale, Financing of Houston Apartment Sale
JLL Capital Markets arranged the sale and financing of the community formerly known as Camden Midtown, a 337-unit, three-story apartment community in Houston.
JLL worked on behalf of the seller, Camden Property Trust. JLL also represented the buyer, Bow River Capital, in securing a loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo® Lender.
Dustin Selzer, Jett Lucia, Aziza Rehmatulla and Matt Kafka led JLL Capital Market’s Investment Sales and Advisory team. Leon McBroom, Rob Bova and John David Johnson spearheaded JLL Capital Market’s debt advisory team.
The community, originally built in 1999, is in Montrose, Downtown and the Texas Medical Center. The property features pools, 24-hour fitness centers, a pet park and a direct-access parking garage. Some apartment units feature private patios with attached garages in select townhome units.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout