JLL arranges $125.5M refinancing for three-property multifamily portfolio in Austin and Atlanta markets

NEW YORK CITY, Oct. 2, 2025 –  JLL Capital Markets announced today that it has arranged $125.5 million in refinancing for the MAG Portfolio, a three-property multifamily collection featuring Class A garden-style apartment communities in Austin, Texas, and the Atlanta metropolitan area.

JLL worked on behalf of the joint venture between Myers Apartment Group and Torchlight Investors to secure the floating-rate loan through Greystar.

The portfolio includes Citadel at Tech Ridge, Highlands at Sweetwater Creek and Symphony at Suwanee Creek. Built between 2019 and 2021, the properties are currently 91.7 percent occupied and total more than 730,000 square feet of rentable residential space with an average unit size of 916 square feet.

Citadel at Tech Ridge, the portfolio's largest asset at 308 units with an average unit size of 869 square feet, is located at 1127 Pearl Retreat Ln. in Austin's thriving Tech Ridge area. Highlands at Sweetwater Creek encompasses 290 units averaging 926 square feet at 2789 Satellite Blvd. in Duluth, Georgia. Symphony at Suwanee Creek provides 200 units averaging 974 square feet at 1630 Peachtree Industrial Blvd. in Suwanee, Georgia, within a gated community featuring controlled access buildings.

These garden-style apartments offer desirable unit mixes and state-of-the-art amenities, including electric vehicle charging stations, resort-style pools, high-end fitness centers and pet-friendly facilities. The units feature modern finishes such as granite countertops, stainless-steel appliances, spacious walk-in closets and energy-efficient designs. With their prime locations, extensive amenities and contemporary designs, these properties are well-positioned to attract and retain high-quality tenants, offering strong returns in these thriving multifamily markets.

The JLL Capital Markets team was led by Executive Managing Director Gerard Sansosti, Senior Managing Director Peter Rotchford, Senior Director Nicco Lupo and Director Clayton Ross.

"JLL delivered exceptional service in facilitating a smooth and efficient transaction for the refinancing of this portfolio. Their team effectively secured Greystar as the ideal lending partner, and we greatly appreciate the collaboration and dedication from all parties involved in bringing this deal to a successful close,” stated Jeremy Myers, Principal of Myers Apartment Group.

"This financing underscores Greystar’s commitment to supporting strong sponsors in markets where demand for quality rental housing remains high," said Patrick Reilly, Managing Director at Greystar. "The MAG Portfolio reflects well-located, thoughtfully designed communities that will continue to attract residents and create long-term value."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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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 $23.4 billion and operations in over 80 countries around the world, our more than 112,000 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 WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Myers Apartment Group (MAG) is a specialized multifamily investment firm focused on acquiring new construction lease-up deals as well as value-add opportunities that align with our investment criteria. We primarily target infill submarkets across the Southeast and Texas.

With a strong and reliable capital base, MAG combines financial strength with agility, enabling us to move quickly and decisively in today’s competitive market. Backed by over 50 years of combined experience in real estate investment and supported by well-established relationships with sellers and developers—MAG is uniquely positioned to capitalize on select opportunities in this fast-evolving and complex commercial real estate environment.

Torchlight is a specialized institutional investment manager, lender, and special servicer focused on commercial real estate debt. Torchlight Investors is an investment manager specializing in commercial real estate debt, offering institutional clients access to private and public market investment strategies. Since its inception in 1995, Torchlight Investors has managed over $30 billion in public and private commercial real estate debt investments across the capital stack. Torchlight Loan Services was founded in 1998 to provide distressed commercial real estate loan workouts and special servicing across the U.S. Torchlight Loan Services is a nationally rated special servicer and has completed over 700 workouts and $11.8 billion in resolutions since inception.

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in nearly 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over 1,000,000 units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including over $35 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business.