JLL Secures $188M Loan for Sunroad’s Vive Luxe Multifamily Community in San Diego

1/13/2025

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REBusinessOnline

• Subcategory: Capital Markets: Debt, MF: Market Rate

• Tag: Closing

• Additional Filters-Subcategory: Capital Markets: Debt-Refinance, MF: Midrise

• Company: Jones Lang LaSalle (NYSE: JLL), KKR & Co Inc. (NYSE: KKR)

JLL Capital Markets has secured a $188 million loan on behalf of Sunroad Enterprises for Vive Luxe, a multifamily property in San Diego’s Kearny Mesa submarket. Aldon Cole, Tim Wright and Bharat Madan of JLL Capital Market’s Debt Advisory team secured the five-year, fixed-rate loan for the borrower from accounts managed by KKR, a global investment firm.