Newly built 228-unit apartment community secures $125M financing in downtown Glendale

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 113,000 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. 

Amidi Real Estate Group is led by principal managers Rahim Amidi and Saeed Amidi, who bring 65 years of combined expertise in start-ups, international trading, manufacturing and distribution across various industries including real estate development. The company specializes in creating community-based real estate development projects designed for the technology and entertainment industries, as well as live-work communities for professionals across all sectors. Amidi Real Estate Group operates both domestically and internationally, leveraging decades of experience in real estate development and diverse business ventures.

Oaktree is a global investment manager specializing in alternative investments with $218 billion in assets under management as of September 30, 2025. The firm employs an opportunistic, value-oriented and risk-controlled approach across credit, equity and real estate investments. With more than 1,400 employees in 26 cities worldwide, Oaktree maintains a leading position among alternative investment managers.