JLL closes $62.7M sale and $38.833M financing for Fort Collins apartment complex
United States, Aug. 19 -- JLL Capital Markets announced that it has arranged the $62.7 million sale and $38.833 million financing of Seasons at Horsetooth Crossing, a 208-unit, garden-style multifamily community in Fort Collins, Colorado.JLL represented the seller, The Rainier Companies, in the sale of the property to a Delaware Statutory Trust (DST) sponsored by Hamilton Zanze, a San Francisco-based multifamily real estate investment firm.JLL also arranged the 10-year acquisition loan on behalf of the Hamilton Zanze-sponsored DST through Freddie Mac.Seasons at Horsetooth Crossing consists of 26 two-story buildings with one-, two- and three-bedroom units averaging 1,038 square feet each. Residents have access to a variety of amenities, incl...
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