JLL Capital Markets arranges $19M financing for Brooklyn multi-housing portfolio

NEW YORK, N.Y., Jan. 28, 2026  – JLL Capital Markets announced today it has arranged $19 million in financing for the Edifice Portfolio, a collection of five recently rehabilitated multifamily properties located in Brooklyn, New York.

JLL represented the borrower, Edifice Partners LLC, a woman-owned real estate development firm based in New York City, in securing a $19 million loan facility with City National Bank (CNB).

The Edifice Portfolio comprises 42 units across five boutique, pre-war multifamily assets located at 431–433 Wythe Ave. and 313 South 4th St. in Williamsburg, and 19–21 Columbia Pl. in Brooklyn Heights. Each property has undergone a comprehensive renovation, blending restored historic character with modern luxury finishes and amenities.

Located in two of Brooklyn’s most desirable neighborhoods, the properties benefit from strong renter demand, proximity to Manhattan and immediate access to multiple subway lines. The financing supports Edifice’s strategy of stabilizing high-quality multifamily assets in transit-oriented, high-barrier-to-entry markets.

The JLL Capital Markets team was led by Managing Director Jillian Mariutti and Director John Flynn.

“City National Bank was an excellent lender for this portfolio, offering flexible execution and a deep understanding of both the Brooklyn multifamily market and Edifice’s long-term business plan,” said Mariutti. “We were able to structure a competitive financing solution that aligned with the sponsor’s goals and positioned the portfolio for continued stability and growth.”

Founded in 2011, Edifice Partners LLC specializes in small- to mid-market multifamily and mixed-use investments throughout New York City, with a focus on value-add, tax-protected assets in supply-constrained neighborhoods. The firm has completed extensive renovations across its portfolio while maintaining a disciplined approach to long-term ownership and asset management.

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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