JLL Capital Markets arranged joint-venture equity, mezzanine financing and senior financing for the 57-unit / 260-bed USC Expo in Los Angeles
News release
12 July 2023
Mosaic Investment Partners secures full capitalization for University of Southern California student housing development
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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.
About Mosaic Investment Partners
Mosaic Investment Partners (“Mosaic”) specializes in the acquisition, development and renovation of multi-family properties and apartment buildings in the USC market. Led by George Alva and Carlos Delherra, Mosaic is a value-add investor that targets under-managed or underperforming student housing properties. In total, Mosaic owns over 20 student housing properties in the USC Market, including The Riviera Luxe and The District which both debuted in 2021. Since 2009, Mosaic has completed over 50 transactions in the student housing space.