JLL arranges $24.7M to refinance Westside Capital Group’s boutique office property in Coral Gables

MIAMI, Mar. 17, 2026 –  JLL Capital Markets announced today that it has arranged a $24.7 million refinancing for 2000 Ponce, a 109,745-square-foot luxury boutique office building in Coral Gables, Florida.

JLL arranged the financing on behalf of the sponsor, Westside Capital Group, a private equity firm founded and led by Jakub Hejl with over $4 billion of active projects. Crestline Investors provided the five-year loan.

2000 Ponce is an eight-story office property with net leasable area of 49,044 square feet, including office and ground floor retail space and a 105-space parking garage. The building is home to Westside Capital Group, Hejl Foundation and other Westside portfolio companies. Westside acquired the property in 2022 and repositioned it to appeal to high-caliber tenants drawn to the Coral Gables submarket. Improvements included modernizing the lobby and leasing up office spaces, adding amenities and more.

2000 Ponce is centrally located just two blocks from Giralda Avenue’s restaurant district and four blocks from Miracle Mile. Current tenants include Bachour Marketplace, a bakery established by Michelin-awarded Chef Antonio Bachour, which occupies the 9,832-square-foot ground-floor retail space; D’Cassa, a high-end Italian kitchen showroom; and Zativa Life Health and Wellness Spa.
The property is surrounded by numerous financial services, professional practices and corporate headquarters, and benefits from its location about 15 minutes north of Brickell/Downtown Miami and 10 minutes east of Miami International Airport.

JLL’s Capital Markets Debt Advisory team was led by Jesse Wright, Matt McCormack, Joshua Odessky and Patrick Salata.

“This financing demonstrates strong capital markets demand for high-end boutique office product across South Florida,” said Wright.

“The powerful combination of sustained tenant migration and validated investor confidence is fueling exceptional demand for high-quality office properties in South Florida, particularly Coral Gables, solidifying its status as a top-tier submarket,” added McCormack.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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Westside is a $4.2 billion private equity real estate company started and led by Jakub Hejl that invests in underutilized real estate companies and assets, including real estate development, distressed properties, real estate operating businesses and public-private partnerships. The company specializes in opportunistic investing, enabling it to move between geographies, asset classes and positions in the capital stack as risk-return dynamics evolve. Westside has developed expertise in both geographic markets and asset classes to execute this strategy. The firm has amassed $1.2 billion in existing assets and $3.0 billion of projects currently under development. For further information, visit www.westsidecg.com.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. 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 WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.