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News release

GREENVILLE, S.C.

JLL arranges sale of luxury multifamily community in South Carolina


​JLL's Capital Markets experts today announced the company arranged the sale of Haywood Reserve, an apartment community in Greenville, South Carolina, on behalf of Daniel Corporation and CNL Growth Properties. Middle Street Partners purchased the 292-unit property.

Senior Vice Presidents Andrea Howard and Jim Sewell led the JLL team on the transaction with support from Managing Director David Gutting.

"Garden-style multifamily product is in demand right now, and this asset truly had it all," said Howard. "Luxurious finishes in all of the apartment homes, best-in-class community amenities and an ideal location just outside of downtown Greenville presented a great opportunity for investors."

Haywood Reserve features a number of luxurious amenities, including a saltwater pool, a pet park and spa and two fitness centers. The community is located just 10 minutes from downtown Greenville, giving residents easy access to a number of employers, restaurants and retail outlets.

JLL delivers multifamily investors a full range of solutions through one diverse, integrated platform. The division employs over 200 professionals who provide comprehensive investment sales and disposition services with access to thousands of domestic and foreign investors. JLL is also one of the nation's largest affordable and conventional multifamily and seniors housing lenders with comprehensive loan underwriting, asset management and loan servicing capabilities.

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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the second quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of nearly 80,000. As of June 30, 2017, LaSalle Investment Management has $57.6 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com