JLL Secures $332M to Refinance 76-Story Chicago Luxury MF Tower

Jul 14, 2026

JLL has secured a $275 million refinancing and a $57 million mezzanine financing for NEMA Chicago, a luxury multifamily tower and the city’s tallest all-rental residence. JLL represented the borrower, Crescent Heights, in facilitating the five-year, fixed-rate loan through New York Life Insurance Company. JLL also…

Capital Markets Multifamily Debt & Financing U.S. National New York New York Chicago Illinois

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320-Unit Gilbert Apartment Community Trades to Camden

CBRE arranged the sale of The Tyler, a 320-unit multifamily community in Gilbert, Arizona. CBRE’s Asher Gunter, Matt Pesch and Austin Groen represented the seller, StreetLights Residential. Camden Property Trust acquired the property. The Tyler offers studio, one-, two- and three-bedroom floor plans. Community…

Capital MarketsMultifamilyU.S. NationalAustin

Posted today·Published Jul 14, 2026Read

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Younger Partners Sells 86K-SF Prosper Retail Center

Younger Partners Investments (YPI) sold Shops at Prosper Trail, an 86,698-square-foot retail center 35 miles north of downtown Dallas in Prosper, Texas, to Phillips Edison & Company. Built in 2016, Shops at Prosper Trail is 100% occupied. The center is anchored by a Kroger Marketplace. The property benefits from…

Capital MarketsRetailU.S. NationalTexas

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Grover Corlew Lands Refi on 223K-SF Deerfield Beach Office Park

Grover Corlew has refinanced Hillsboro Center, a 223,716-square-foot office park in Deerfield Beach, Fla. A two-year, $30 million senior loan was originated by BankUnited and arranged by JLL Capital Markets. Commercial Search reports Grover Corlew acquired the two-building office park in 2019 for $32.5 million from…

Capital MarketsOfficeDebt & FinancingU.S. National

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June CPI Decelerates from May, Driven by Drop in Energy Index

U.S. inflation decelerated in June, with the Consumer Price Index (CPI) declining 0.4% after increasing 0.5% in the previous month. A 5.7% drop in the energy index drove the monthly all-items decrease, more than offsetting increases in indexes for shelter and food, the Bureau of Labor Statistics said Tuesday. The…

Capital MarketsU.S. National

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$563M Palmetto Hospital Reaches Construction Milestone

BayCare Health System has topped out its $563 million hospital in Palmetto. The 463,000-square-foot facility is slated to open near the end of 2028. The Tampa Bay Business Journal reports the hospital will include 154 private patient rooms and can expand to over 200 beds as demand accelerates. Emergency care,…

Capital MarketsU.S. NationalTampa

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$100M Luxury Apartment Complex Slated Near Highland Park

Cover2 Capital is building a 20-story, $100 million apartment tower close to the border of Highland Park. Dubbed The Savannah, the development will include a rooftop pool and only 100 units. Units are expected to average 1,800 square feet and the Dallas Business Journal reports rents will be on the high end of the…

Capital MarketsMultifamilyU.S. NationalDallas-Ft. Worth

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