JLL Capital Markets has arranged $34.8 million of financing for the construction of Cornus House, a 199-unit apartment property in downtown Tacoma, Wash. The construction debt was provided by Stearns Bank of St. Cloud, Minn., and through a Property Assessed Clean Energy, or PACE, loan. The property is being developed by Arboreal Investments of Seattle […]

The post JLL Secures $34.8Mln of Financing for Construction of Tacoma, Wash., Apartments appeared first on Commercial Real Estate Direct.