Pacific Gardens North Park

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    James McArthur will focus on providing financing solutions to multifamily real estate developers and owners using JLL's Fannie Mae, Freddie Mac and HUD/FHA capabilities.

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    The 400-unit luxury community's previous owner invested more than $3 million in capital improvements, repositioning the community for its sale price of $170,500 per unit.

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    Major diversified real estate firms lead our 2017 Top 50 Property Management Firms ranking, as Colliers International, Cushman & Wakefield, CBRE Group and JLL took the top spots.

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    Raul Ramirez began his career in the tax department of PricewaterhouseCoopers. He has also worked for Toll Brothers, WCI Communities and Morgan Stanley.

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    Completed in 2015, the 12-story community is situated across the street from Cherry Creek Shopping Mall. BMC Investments sold the asset for roughly $650,000 per unit.

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    The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.

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