News release

Sale of multi-housing community in New York closes

JLL Capital Markets arranged the sale of a 200+-unit multi-housing community in Southern New York State

March 13, 2024

Kristen Murphy

Capital Markets, Hotels & Hospitality and Value & Risk Advisory PR
+1 617 848 1572

MORRISTOWN, March 13, 2024 – JLL Capital Markets announced today that it closed the sale of a 200+-unit, garden-style multi-housing community located in New York State.

JLL worked exclusively on behalf of the seller and procured the buyer.

The JLL Capital Markets Investment Sales Advisory team was led by Senior Managing Directors Steve Simonelli, Jose Cruz and Mike Oliver, Managing Director Marion Jones, Director Elizabeth DeVesty, Associate Austin Pierce and Senior Analyst Shaelyn Nuckel.

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 sales and 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.

For more news, videos and research resources on JLL, please visit our newsroom.


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 jll.com.