JLL Capital Markets arranges $42M Fannie Mae refinancing for SB Real Estate Partners
United States, Aug. 10 -- JLL Capital Markets announced that it has arranged $42 million in financing for Portola Bridge Creek, a 270-unit, garden-style apartment community in Vancouver, Washington.JLL worked on behalf of the borrower, SB Real Estate Partners (SBREP), who has owned the property since 2022, to secure the five-year, fixed-rate loan through Fannie Mae. JLL also arranged a four-pack, $110M Freddie Mac refinance on behalf of SBREP in September of 2025, as the Irvine, CA-based company has looked to agency financing sources over the past two years to stabilize its portfolio. The 2025 transaction consisted of four separate loans with Freddie Mac, with all four loans structured on a five-year term at fixed-rate interest.Built in 198...
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