JLL Capital Markets arranged the $27.3 million sale of Frost English Silver, a newly-built, luxury, 55+ community in Maplewood, Minnesota, reports Senior Housing News. JLL also arranged the acquisition financing for the 107-unit property.
An affiliate of Axial Real Estate Advisors acquired the property from Sherman Associates. On behalf of Axial, JLL secured a 7-year, fixed-rate Fannie Mae loan, to be serviced by JLL Real Estate Capital. Read more.
