JLL Secures $53.3M Acquisition Financing For Pompano Beach Apartment Community
JLL Capital Markets’ Debt Advisory team representing the borrower was led by Managing Director Jesse Wright, Associate JJ Hovenden and Analyst Luke Maganas.
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JLL Capital Markets’ Debt Advisory team representing the borrower was led by Managing Director Jesse Wright, Associate JJ Hovenden and Analyst Luke Maganas.
Before joining Illustrated, he led a high-producing team at BluEdge with nearly $80 million in combined commercial and residential volume across Palm Beach County and the Treasure Coast.
The 3.23-acre multifamily development site is located at 11240 Biscayne Blvd.
The 4,760-square-foot building was sold for $4 million.
In addition to naming a new senior vice president of the firm’s tenant representation team, JLL has added three other hires to bolster its South Florida brokerage teams.
The full-service restaurant that will serve as a centerpiece of the reimagined Huizenga Park, which is slated to reopen in early 2026.
Colliers’ Gary A. Gottlieb partnered with Mark M. Rubin, Bastian Schauer, and Ryan Buckner of the South Florida Investment Services Team to represent the seller.
The 20,088-square-foot multi-tenant industrial building is situated on a 1-acre parcel and located just off Congress Avenue.
The deal marks one of the largest medical office leases in Port St. Lucie in 2025.
ONE Sotheby’s International Realty will handle the sale through an online auction starting December 3, with a live bidding event in New York on December 17.
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