JLL Capital Markets arranges loan for Woodland Flats apartment community with retail space
News release
26 February 2025
$15.9M financing secured for hotel-to-multifamily conversion in Gresham, Oregon
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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 $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 WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About PH Development LLC
PH Development is a multifamily real estate development firm targeting undersupplied submarkets in the greater Puget Sound area. The company focuses on meeting housing demand along the I-5 corridor from Bellingham to Vancouver, WA in markets with above-average year-over-year growth trajectories.
About AGP Capital
AGP Capital, a direct commercial Real Estate bridge and construction lender, funds loans through its discretionary private debt fund, AGP Funding REIT, focusing on $5 to $30 million financing throughout the western and mountain region of the US. The company prides itself on building strong relationships with borrowers, offering customized loan solutions and thoughtful flexibility, which often translates into repeat business for both counterparts. With in-house professionals exceeding expectations for service, support and value-added results, AGP Capital applies exceptional analytical, creative and practical intelligence to develop tailored solutions through a consultative process.