JLL Capital Markets arranges funding for Vista Residential Partners' McAlpine Vista project, set for 2026 completion
News release
09 October 2024
$43.6M financing secured for luxury Charlotte multifamily 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 110,000 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 Vista Residential Partners
Vista Residential Partners, an Atlanta-based multifamily development company with over 20 years of experience, specializes in the ownership and development of multifamily housing throughout the United States. The company currently manages approximately $2 billion in assets, comprising a geographically diverse portfolio of Class A multifamily properties in high-growth employment areas across the country. Vista's focus is on creating lasting value through the development of outstanding communities. With a proven track record and experienced management team, Vista continues to capitalize on favorable market trends and opportunities in the multifamily real estate sector.
About Hartford Investment Management Company
Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Financial Services Group, Inc. (The Hartford). HIMCO is an insurance asset manager with approximately $108 billion in assets under management across the global fixed income and alternatives markets (as of June 30, 2024). The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.