JLL Capital Markets announced that it has arranged the financing for The Reserve on Kingsland, formerly known as Lenox Reserve, a 382-unit, Class A multifamily community in Katy, Texas.
JLL represented the borrower, Price Realty Corporation, in arranging the seven-year, fixed-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo Lender.
The Reserve on Kingsland, located at 23403 Kingsland Boulevard in Katy’s prestigious Cinco Ranch area, offers convenient access to major employment centers and the highly rated Katy Independent School District…