News release

$175M financing secured for three trophy-tier multi-housing properties

JLL Capital Markets arranged the facility refinancing of the 882-unit national portfolio 

February 08, 2024

Jenna Sharp

Capital Markets PR
+1 214 438 6450

DALLAS, Feb. 8, 2024 – JLL Capital Markets announced today that it has arranged the $175 million facility refinancing for a three-property, 882-unit, Class A multi-housing portfolio.

JLL Capital Markets worked on behalf of the borrower, an investment vehicle sponsored by Willow Bridge Property Company, to seed a larger programmatic financing vehicle, allowing for flexibility in future transactions. The +$2 billion fund vehicle is being deployed in a variety of core markets throughout the country through both development and acquisition opportunities. JLL secured the facility with Fannie Mae and closed on the five-year, fixed-rate initial tranche in January. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender.

The JLL Capital Markets team was led by Senior Managing Directors Andy Scott and Michael Cosby and Associates Bo Beidleman and Ryan Pollack.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment and sales advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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Agency/GSE lending and loan servicing are performed by JLL Real Estate Capital, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle Incorporated.

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit

About Willow Bridge Property Company

Founded in 1965 by Mack Pogue as Lincoln Property Company, Willow Bridge Property Company is one of the United States’ most respected full service residential property companies, operating a successful portfolio in 75 markets. Headquartered in Dallas, Texas, Willow Bridge proudly employs over 4,500 team members, has built over 200,000 apartments and manages over 200,000 units for its clients. To learn more, visit